$11,000,000

Extremely rare and exceptional opportunity to acquire over ±129 acres of land zoned AE20 situated on the border of Clovis' “Sphere of Influence,” an area the city has earmarked for urbanization and which the Clovis General Plan has identified as the potential site to develop low-to-medium density residential housing. As is currently envisioned, the Sphere of Influence would include: + 325 acres for residential development + 500 acres for job creation + 225 acres designated as open space The City of Clovis Planning Division is currently in exploratory discussions to expand the Sphere of Influence north of E. Copper Ave., bringing the subject property into the General Plan. Based upon the City of Clovis Municipal Code, the R-1 Zoning District, as intended for the Sphere of Influence, would allow for either low-density designation permits for 2.1 to 4 dwelling units per acre or medium-density designation permits for 4.1 to 7 dwelling units per acre, making this an exciting opportunity for investors and developers alike. At present, the property for sale comprises approximately ±129.32 acres and includes a total of (2) parcels: + 580-040-16 (119.32 Acres) + 580-040-18S (10 Acres) Nestled in the heart of California’s Central Valley, Clovis is a vibrant and growing city with a population of approximately 125,000 residents. Known for its family-friendly atmosphere, award-winning schools, and strong sense of community, Clovis offers a welcoming environment for individuals and businesses alike. With a growth rate that consistently outpaces the national average, Clovis is a destination for those seeking a high quality of life with small-town charm and big-city conveniences. Clovis is experiencing a real estate boom, with new residential and commercial developments taking shape throughout the city. Master-planned communities, modern apartment complexes, and single-family homes cater to a variety of lifestyles, from young professionals to retirees. The city’s commitment to smart growth ensures a balance between development and preserving its charming character. Homebuyers and investors find Clovis an attractive market due to its relatively affordable housing compared to other parts of California, while still offering access to top-rated schools, parks, and recreational facilities. The city’s strong property values and demand for housing make it a desirable place for long-term investment.