Freestanding Office Building in
324 Bullard Ave, Clovis, CA
Call to check price and availability
3,870 SF office building with great exposure in Old Town.
Type:OFFICE
Property size:
3,870 SFLot size:
0.77 AcresPrice / SF:
$257/SF- Added:
- Oct 6, 2025
- Days on Market:
- 231
- Last Refresh:
- Apr 5 at 10:39 pm
Property Features for 324 Bullard Ave
General Information
- Standard status
- Active
- Size
- 3,870 SF
- Lot size
- 0.77 Acres
- Property subtype
- OFFICE
Listing agent Jared Ennis License #01516541
Listing office KW Commercial | Central California (559) 705-1000
Listing date Oct 6, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Central California
HighLights
- Prime location in Old Town Clovis with high visibility and easy access to the entire city.
- Move‑in ready, ±3,870 SF freestanding office building with new finishes.
- Features (12) private offices, reception area, large breakroom, and bullpen area.
- Ample parking on two sides of the building with easy access and skylights.
- High level of consumer traffic and exposure in a busy retail growth corridor.
- Surrounded by mature landscaping, quality tenants, and a secure, private, established location.
Overview
This freestanding office building offers approximately 3,870 square feet of space with high exposure. The layout includes 12 private offices, a reception area, a large breakroom, and a bullpen area. The property is centrally located in Old Town Clovis, providing convenient access to the entire city. It features parking on two sides of the building, easy access, and skylights. The location is surrounded by ample parking and mature landscaping. The building is situated in a busy retail growth corridor, surrounded by quality tenants, and benefits from a high level of consumer traffic and high volume exposure. The location is secure, private, and established, with a quality tenant mix. It is located between HWY-168 and Clovis Avenue, with approximately 312,271 residents within a 5-mile radius. The space is economical, move-in ready, and features new finishes.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$567.7K
NOI $51,096 @ 9.00% cap · cautious / downside scenario
Moderate
$729.9K
NOI $51,096 @ 7.00% cap · market / base-case scenario
Aggressive
$1.02M
NOI $51,096 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.6k | $21.60 |
| − Vacancy | −$15.5k | −$4.00 |
| EGI | $68.1k | $17.60 |
| − OpEx | −$17.0k | −$4.40 |
| NOI | $51.1k | $13.20 |
3,870 SF · lease $21.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$729.9K
$638.7K – $851.6K
NOI $51,096 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$975.0K
$853.1K – $1.14M
NOI $68,248 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Fresno
- State
- California
- Longitude
- -119.705
- Latitude
- 36.8228
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 3,870 SF office building with great exposure in Old Town.
Where is this office building located?
The property is located at 324 Bullard Ave Clovis, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location in Old Town Clovis with high visibility and easy access to the entire city.; Move‑in ready, **±3,870 SF freestanding office building with new finishes.**; Features **(12) private offices, reception area, large breakroom, and bullpen area.**
