3663 Shaw Ave Clovis, CA 93619
- Retail properties
- 2.09 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3663 Shaw Ave
- Lot size
- 2.09 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 2.09-acre property in Clovis, CA, offers a prime development opportunity. Located on Shaw Avenue in the desirable Loma Vista community, this C3-zoned land is perfect for a high-end mixed-use project. The property's strategic location within a rapidly growing area, surrounded by thriving businesses and a burgeoning population, ensures strong potential for return on investment. The existing single-tenant home on the property generates a monthly income of $2,750, providing a steady cash flow during the development phase. This aligns perfectly with the City of Clovis' Master Plan, offering developers the chance to contribute to the community's continued growth and enhancement. The property's zoning allows for versatile development options, and the possibility of combining with adjacent C3-zoned properties further amplifies its potential. Detailed development plans and community amenities can be explored through the Clovis planning department. The asking price is $1,749,000, and the sale is structured to accommodate a 1031 exchange. The property's APN is 554-05-356. This is a gross lease property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Fresno
- State
- California
- Longitude
- -119.641
- Latitude
- 36.8093
