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 Californias 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 fo

Features

• 129.32 Acres