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Property profile & analytics
OFF-MARKET Estimated value $695,000
Medical Office Space

722 Lincoln Ave Clovis, CA 93612-2244

6,474 SF 0.18 ac lot Built 1960
Individually Owned 27-yr Hold ~ Est. High Equity
Property ID
US09-2982459
Property summary
AI-generated overview

This exceptional 6,474 square foot commercial property, situated on a 0.18-acre lot at 722 Lincoln Avenue in Clovis, California, presents a compelling investment opportunity. Currently operating as a veterinary clinic, the building is zoned for Medical Building/Clinic use, offering significant flexibility for a variety of healthcare applications. The property boasts a thoughtfully designed layout, including two separate lobby and reception areas, a well-equipped kitchen, and a convenient bathroom. Eight generously sized multi-purpose rooms provide ample space for examination areas, offices, or treatment rooms. A dedicated cleaning room ensures hygiene and efficiency, while abundant storage space caters to the needs of a busy medical practice. The expansive open area, currently utilized as kennels, offers significant potential for repurposing into additional treatment areas, physical therapy spaces, or expanded office accommodations. A key advantage is the property's connection to an adjacent building, also available for purchase, presenting a unique opportunity for expansion or the creation of a larger, integrated medical complex. This property in Clovis offers a blend of functionality, location, and adaptability, making it an ideal investment for those seeking a thriving medical practice or a strategic addition to an existing healthcare portfolio. The asking price is $975,000.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction TILT-UP CONCRETE
Total area 6,474 SF
Lot 0.18 ac (7,650 SF)
Zoning code CM
APN 498-102-22
UPID US09-2982459
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Clovis Pet Hospital Boarding Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$842k
Blend (final) Blend
$695k
Owner & transaction history
Steven R Fenster · 27 yrs held
Steven R Fenster
since 1999
3 recorded transactions
1999
Price N/A
1993
$478,500
1969
Price N/A
Zoning & alternative use
CM · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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