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Property profile

722 Lincoln Ave Clovis, CA 93612

OFF-MARKET
Medical Office Space
Property ID
US09-2982459
6,474 SF 0.18 ac lot Built 1960
Individually Owned 27-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Kennel & Boarding Facility

Location

722 Lincoln Ave Clovis, CA 93612-2244
Clovis metro Census 5704 FRESNO, CA METROPOLITAN STATISTICAL AREA
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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

since 1999
3 recorded transactions
1999
Price N/A
1993
$478,500
1969
Price N/A

Zoning & alternative use

CM · 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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