0 Thompson Ave Clovis, CA 93619
This exceptional 10-acre parcel presents a remarkable development opportunity in the highly desirable Clovis area of Fresno County, California. Located near N Thompson Ave, zip code 93619, this agricultural land (APN 150-340-08) is zoned AE-20, Ag Exclusive, within Clovis' Northeast Urban Center Growth Area, designated for Low Density Residential use per the General Plan. The property's strategic location offers unparalleled convenience, situated just south of the Clovis Sphere of Influence and in close proximity to Clovis Community Hospital, highly-rated Clovis Unified School District schools, an array of restaurants and shopping options, and easy freeway access. This presents a unique chance to capitalize on the area's strong growth and demand for residential development. The property is not enrolled in the Williamson Act, offering flexibility for future development plans. Asking price is $700,000. This 10± acre tract is poised for significant appreciation and represents a compelling investment opportunity in a thriving California community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.