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    600 Armstrong Ave Clovis, CA 93611

    Sponsored
    For Sale
    $4,932,000

    Prime 6.29-acre commercial lot in Clovis, CA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.29-acre commercial land parcel presents a unique investment opportunity in the thriving city of Clovis, California. Located at 600 N Armstrong Ave, Clovis, CA 93611, this property boasts a strategic location west of Armstrong Avenue, nestled between Alluvial and Herndon Avenues. The expansive lot offers significant potential for a variety of commercial developments. Its zoning designation is multifaceted, encompassing both A-1 and Office classifications. According to county tax records, the A-1 zoning is designed for unincorporated lands and properties not falling under other district classifications within Fresno County. The Office (O) zoning, as per the City of Clovis General Plan, permits the development of professional offices, corporate headquarters, research and development facilities, medical facilities, hotels, and limited related retail establishments. This dual zoning provides remarkable flexibility for future development plans, catering to a wide range of commercial ventures. The asking price for this substantial property is $4,932,000. This prime location and versatile zoning make this a highly attractive investment opportunity in a rapidly growing area. Detailed zoning information is readily available from the relevant city and county planning departments.

    Property Features for 600 Armstrong Ave

    General Information

    Property type
    Land
    Lot Size
    273,992 SF

    HighLights

    • Zoned A‑1 (Fresno County) and Office (City of Clovis General Plan).
    • Suitable for a variety of uses including professional offices, corporate headquarters, and medical facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.67512331018
    Latitude
    36.839930066422

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    FAQs

    What type of property is this?
    Land - Prime 6.29-acre commercial lot in Clovis, CA.
    Where is this land located?
    The property is located at 600 Armstrong Ave Clovis, CA.
    What is the asking price?
    The asking price for this property is $4,932,000.
    What are key features of this property?
    This property features: Zoned A-1 (Fresno County) and Office (City of Clovis General Plan).; Suitable for a variety of uses including professional offices, corporate headquarters, and medical facilities.;
    Request Owner's contact information
    600 Armstrong Ave Clovis, CA 93611
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    Clovis, CA 93611
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    Realmo Value Estimation

    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.

    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
    600 Armstrong Ave Clovis, CA 93611
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