Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    30 Clovis Ave Clovis, CA 93612

    Sponsored
    For Lease
    Contact for pricing

    Prime Clovis location, flexible space available.

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    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.

    Property Features for 30 Clovis Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,000 SF

    HighLights

    • Prime Old Town Clovis location at a signalized intersection within the Golden Triangle.
    • High visibility site adjacent to a Fairfield Inn & Suites and future luxury car dealerships.
    • Excellent pedestrian access via the Old Town Trail and proximity to City Park.
    • Shared access and parking available.
    • Drive‑thru potential.
    • Ground lease opportunity only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto Mercado Clovis Used Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.7005898
    Latitude
    36.8309226

    Nearby Similar for Lease

    • Contact for pricing
      700 SF

      Office Space in Clovis, CA

      700 SF office space available for rent in Clovis.
      1103 Barstow Ave, Clovis, CA 93612
      View Details
    • $1.50 SF/Yr
      1,500 SF

      Clovis Retail Space Available

      Retail spaces available in a recently renovated shopping center.
      470-488 W Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      1,343 SF

      Regional Lifestyle Center Retail Space

      Retail and restaurant spaces in a regional lifestyle center.
      1180 Shaw Ave, Clovis, CA 93612
      View Details
    • $1.30 SF/Yr
      1,546 SF

      Recently Renovated Retail Spaces Available

      Remodeled retail spaces with open layout, ample parking, great visibility.
      3185 Willow Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      928 SF

      Retail Space in Sierra Vista

      Retail space in regional lifestyle center, Sierra Vista Mall.
      1000-1050 Shaw Ave, Clovis, CA 93612
      View Details
    • $1.75 SF/Yr
      1,985 SF

      Move-In Ready Office Spaces

      Medical and general office spaces available for rent.
      290 Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing

      Retail Space with High Exposure

      Prime retail and flexible suites available in renovated building.
      1436 Clovis Ave, Clovis, CA 93612
      View Details
    • $1.35 SF/Yr
      1,316 SF

      Retail Space in Clovis

      Prime retail space with flexible suites and ample parking.
      1416-1436 Clovis Ave, Clovis, CA 93612
      View Details
    • $1.50 SF/Yr
      5,780 SF

      Renovated Shopping Center Spaces Available

      Prime shopping center spaces with high traffic and visibility.
      494 W Shaw Ave, Clovis, CA 93612
      View Details
    • $1.40 SF/Yr
      981 SF

      Retail Space with Remodeled Suites

      Ground-floor retail and flexible second-floor suites available for lease.
      1450-1468 Clovis Ave, Clovis, CA 93612
      View Details
    • $1.35 SF/Yr
      23,200 SF

      Shaw Village Shopping Center Spaces

      Recently renovated shopping center with high traffic and great visibility.
      424-498 W Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      3,000 SF

      Retail Pad Spaces in Clovis

      Retail spaces for lease in Sunflower Marketplace Shopping Center.
      311 W Shaw Ave, Clovis, CA 93612
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Clovis location, flexible space available.
    Where is this individual retail property located?
    The property is located at 30 Clovis Ave Clovis, CA.
    What are key features of this property?
    This property features: Prime Old Town Clovis location at a signalized intersection within the Golden Triangle.; High visibility site adjacent to a Fairfield Inn & Suites and future luxury car dealerships.; Excellent pedestrian access via the Old Town Trail and proximity to City Park.
    Request Owner's contact information
    30 Clovis Ave Clovis, CA 93612
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    30 Clovis Ave
    Clovis, CA 93612
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    30 Clovis Ave Clovis, CA 93612
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.