30 Clovis AveClovis, CA 93612

Property Details for 30 Clovis Ave

Year built

1980

Construction

WOOD

Lot size

0.77 AC

Property size (Sq ft)

2,784 SF

Zone code

PCC

Property type

Retail properties

Property subtype

Auto shops

APN

491-133-33S

APU

49113333S

Description

30 N. Clovis Avenue presents a unique retail land opportunity in the thriving city of Clovis, California. This outparcel/pad site, located at the northwest corner of Clovis and Sierra Avenues, offers exceptional visibility and accessibility. The property is zoned for retail use and provides a flexible space ranging from a minimum of 7,000 square feet to a maximum contiguous area of 15,000 square feet, making it ideal for a variety of retail concepts. Multiple tenancy is possible, allowing for the development of a multi-tenant retail center or a single, large-scale retail establishment. Situated in Fresno County, this property benefits from a strong local economy and a dense population base, ensuring high foot traffic and potential for significant returns. The address is 30 N. Clovis Avenue, Clovis, CA 93612. This prime location offers unparalleled exposure to a busy intersection, making it an attractive investment for businesses seeking high visibility and convenient access for customers. The total buildable area is adaptable to suit various business needs, providing flexibility for developers and tenants alike. This is an exceptional chance to secure a prominent retail presence in a rapidly growing area. The property's strategic location and flexible space options make it a highly desirable investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $898,239

  6.5%

  $829,144

  7%

  $769,919

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,031,598

  Geo Method

  $1,956,743

• Alternative Use

  Use

  Valuation

  Residential

  $699,414

  Hospitality

  $640,659

  Educational

  $533,021

  Medical

  $551,352

  Retail

  $829,144

Location Insight

City

Clovis

County

Fresno

State

California

Latitude

36.8309

Longitude

-119.7

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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