Technical
Financial
Distress signals
Property profile

372 Spruce Ave Clovis, CA 93611

OFF-MARKET
Other industrial land
Property ID
US09-5087558
1.82 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A new-construction commercial/industrial facility located in the Herndon Peach Business Park, offering 23,552 square feet of space that is designed to be divisible. The property is zoned CM, described as flexible to accommodate a range of uses including office and light industrial applications. The building is situated approximately 1/4 mile from Freeway 168 and the Herndon interchange, providing nearby access to major regional routes. Construction is underway with an anticipated delivery timeframe in April 2026, and the layout supports tenants requiring either office-oriented space or light industrial functionality, including the ability to occupy a smaller portion of the overall footprint.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.82 ac (79,279 SF)
Zoning code C-M
APN 561-183-16
UPID US09-5087558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

372 Spruce Ave Clovis, CA 93611-8705
Clovis metro Census 5514 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A

Zoning & alternative use

C-M · Clovis, CA
Zoning description

C-M (Commercial and Light Manufacturing) District. The C-M District is applied to areas appropriate for retail and wholesale sales, light manufacturing, warehousing, distributing, and storage operations, in addition to p…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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