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    4381 International Ave Clovis, CA 93619

    Sponsored
    For Sale
    $10,000,000

    20 acres, prime location, high-density potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 20-acre development opportunity in Clovis, California, presents a unique investment prospect. Located at 4381 E International Ave, APN 58008004, this free-and-clear property is ideally situated within Fresno County, zip code 93619 (latitude 36.886562, longitude -119.703207). The land is already incorporated into the City of Clovis general plan as part of the North Urban Center, designated for medium-density residential development, allowing for the construction of 5 to 7 homes per acre. This translates to significant potential for a substantial residential project. The property's strategic location offers convenient proximity to established amenities, including Clovis North High School (1.5 miles) and a new CUSD elementary school site (0.5 miles). The surrounding area showcases successful development, with many lots already acquired by prominent builders such as McCaffery, Willson Homes, and Granville. Adding to the property's value are two existing homes, two shops, and an equipment barn, providing immediate income potential or potential for redevelopment. Offered at $10,000,000, this property is suitable for a 1031 exchange. Don't miss this chance to capitalize on this prime Clovis location and its high-density residential zoning.

    Property Features for 4381 International Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Loring Farms Farm

    Suggested Use

    Hair Salon Clothing Store Department Store HVAC Service Pet Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.703207
    Latitude
    36.886562

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    FAQs

    What type of property is this?
    Land - 20 acres, prime location, high-density potential.
    Where is this land located?
    The property is located at 4381 International Ave Clovis, CA.
    What is the asking price?
    The asking price for this property is $10,000,000.
    Request Owner's contact information
    4381 International Ave Clovis, CA 93619
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    Clovis, CA 93619
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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
    4381 International Ave Clovis, CA 93619
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