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Listed by Raymond Rodriguez • Equity Union
$ 11,000,000
Est. payment | /mo
129 Sqft Lot
$ 11,000,000
Est. payment | /mo
129 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25085869
Originating Board California Regional MLS
Lot Size 129 Sqft
Property Sub-Type Other Residential Land
Property Description
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
Location
State CA
County Fresno
Area 699 - Not Defined
Zoning LZ
Exterior
View Panoramic
Others
Tax ID 58004016
Special Listing Condition Not Applicable
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Yuri Lavrentiev
REALTOR® | Lic# CA DRE #02103193