Technical
Financial
Distress signals
Property profile

384 W Ashlan Ave Clovis, CA 93612

FOR SALE
Retail space
Property ID
US09-2468556
20,400 SF 0.47 ac lot Built 1991
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 20,400 square foot junior anchor space for lease within The Center Clovis shopping center. Strategically located at 384 West Ashlan Avenue in Clovis, California, 93612, this property enjoys a prime position at the southeast corner of West Ashlan and Peach Avenues. The space is available for multiple tenants and is classified as a retail property within Fresno County. The Center Clovis offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong brand exposure. This junior anchor space provides ample room for a variety of retail concepts, offering significant potential for growth and success. The property's location within a thriving shopping center ensures a consistent flow of customers, creating a dynamic and advantageous environment for prospective tenants. Interested parties are encouraged to inquire about lease terms and availability for this remarkable retail space in the heart of Clovis, California. The property's address is easily accessible and well-suited for both customers and employees. This is a rare opportunity to secure a substantial retail presence in a highly desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction TILT-UP CONCRETE
Total area 20,400 SF
Lot 0.47 ac (20,601 SF)
Zoning code C2
APN 493-170-09
UPID US09-2468556

Cap rate & NOI

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

Location

384 W Ashlan Ave Clovis, CA 93612
Clovis metro Census 3104 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.53M
Blend (final) Blend
$2.00M

Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
2004
Price N/A
2003
Price N/A

Zoning & alternative use

C2 · Clovis, CA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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