Clovis, CA
Commercial Real Estate Market Trends & Data

$301 Avg asking sale price
$572 Avg asking lease rate
10,419 SF Avg unit lease size
80,167 SF Avg building size for sale
6.21% Average cap rate

Clovis's Demographic Profile

Clovis has 40,530 households and a median income of $91,042, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 114,831
# Households 40,530
Median age 37
Median household income $91,042
Avg household size 3.0
Renter-occupied housing units 15,315
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Clovis, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Clovis $291 25,350 SF 6.51%
Auberry $147 12,096 SF 8.89%
Fresno $238 20,306 SF 7.58%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Clovis $180 157,668 SF 5.00%
Pinedale $750 4,000 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Clovis $250 42,859 SF
Sanger $390 15,687 SF
Pinedale $501 153,440 SF
Fresno $301 38,973 SF
Selma $219 16,390 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Sanger $324 4,140 SF 7.37%
Fresno $166 44,503 SF 8.87%
North Fork $252 3,428 SF 6.81%

Commercial Properties For Sale in Clovis

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4930 E Ashlan Ave

Fresno, CA 93726

  • 8,300 SF Retail Building
  • $1,900,000
For Sale

Alamos Gardens Apartments

Clovis, CA 93612

  • 39,438 SF Multifamily
  • $7,100,000
For Sale

Chestnut Development Opportunity

Fresno, CA 93720

  • 2.20 AC Lot
  • 1 Residential Income Lot
  • $1,900,000
For Sale

849 Osmun Circle

Clovis, CA 93612

  • 4.31 AC Lot
  • 1 Commercial Lot
  • $4,000,000
For Sale

Chick-fil-A | Absolute NNN Ground Lease

Clovis, CA 93612

  • 4,847 SF Retail Building
  • 4.00% Cap Rate
  • $5,000,000
For Sale

4910 E Ashlan Ave

Fresno, CA 93726

  • 45,666 SF Office Building
  • 6.51% Cap Rate
  • $7,295,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Clovis pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Clovis $301 80,167 SF
Friant $840 4,179 SF
Sanger $295 22,446 SF
Auberry $147 12,096 SF

Regional Demographic Comparison

This comparison places Clovis alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Clovis or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Clovis 114,831 40,530 37 $91,042 3 15,315 2%
Friant 296 107 48 $133,928 3 12 -3%
Sanger 26,543 7,576 33 $63,074 4 3,188 1%
Auberry 1,679 648 44 $78,728 2 146 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Clovis, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Clovis

View All Commercial Real Estate For Sale in Clovis
Is Clovis a good market for a first-time commercial real estate investor?

Clovis offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Clovis?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Clovis. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Clovis?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Clovis. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Clovis compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Clovis. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Clovis acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Clovis, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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