Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1445 Shaw Ave Clovis, CA 93611

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.29 acres of fully improved commercial land ready to build.

    Lot size:
    2.29 Acres

    Property Features for 1445 Shaw Ave

    General Information

    Lot size
    2.29 Acres

    We can help!

    Listing Contact
    Jared Ennis
    Jared Ennis
    Source: Moodyscre

    Listing Agency: KW Commercial | Central California Listing Agent: Jared Ennis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Retail Land Available

    This property features approximately 2.29 acres of prime commercial retail land that is fully improved and ready for immediate construction. The location offers high visibility with 93,040 cars per day and an unmatched level of consumer traffic and high volume exposure. Situated near many existing and planned developments, the property benefits from east and west bound traffic generators near all major retailers. It is an excellent owner/user property with flexible use options and is close to transit and public transportation. The site includes 112 existing paved and striped parking spaces and is shovel ready with utilities present. Located off the northeast corner of Shaw and Sunnyside Avenue, it is at a signalized intersection and minutes from Highway 168. The property is adjacent to major national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Outdoor Cover Warehouse Furniture & Home Goods Our Playroom Daycare Center Pool Tables R ... (Bike/Boat/Book/etc) Store W Furniture, Inc. Furniture & Home Goods Tau Nail Salon Nail Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.6890507
    Latitude
    36.809715

    Nearby Similar for Sale

    • $800,000
      Pending

      Clovis Commercial Property For Sale

      Commercial property in Clovis, CA, with automotive and retail potential.
      707 Jefferson Ave, Clovis, CA 93612
      View Details
    • $650,000
      700 SF

      Commercial Property in Clovis, CA

      Commercial property for sale in Clovis, California, 700 square feet.
      1103 Barstow Ave, Clovis, CA 93612
      View Details
    • $1,225,000
      4,160 SF

      Clovis Multifamily Investment Opportunity

      Turnkey 5-unit multifamily property in Clovis, CA with recent renovations.
      69 W Beverly Dr, Clovis, CA 93612
      View Details
    • $595,000
      2,158 SF

      Clovis Duplex Near Amenities

      Duplex in central Clovis near schools and shopping centers.
      593 W Alamos Ave, Clovis, CA 93612
      View Details
    • $1,790,900
      11,580 SF

      Clovis Commercial Property for Sale

      Commercial property in Clovis, CA, available for purchase.
      1629 Pollasky Ave, Clovis, CA 93612
      View Details
    • $6,000,000
      Pending

      Clovis Land with Income Potential

      1638.1 acres of grazing land with cell tower leases.
      Auberry Rd, Clovis, CA 93619
      View Details
    • $1,950,000
      39,204 SF

      Retail Property in Clovis, CA

      Retail property available for sale in Clovis, California.
      1886 N Leonard Ave, Clovis, CA 93619
      View Details
    • $995,000
      3,870 SF

      Freestanding Office Building in Clovis

      3,870 SF office building with great exposure in Old Town.
      324 Bullard Ave, Clovis, CA 93612
      View Details
    • Contact for pricing

      Clovis M-1 Industrial Lot

      M-1 lot with buildings, fixtures, and automotive equipment included.
      25 N Sunnyside Ave, Clovis, CA 93611
      View Details
    • $3,250,000

      Clovis Retail/Office Building

      Prime Clovis location, 20,400 SF, sale/lease.
      384 Ashlan Ave, Clovis, CA 93612
      View Details
    • $524,900
      6,144 SF

      Clovis Mixed-Use Property: Church & Home

      4.12 Acres, Church, Home, Ample Parking
      28549 Auberry Rd, Clovis, CA 93619
      View Details
    • $12,600,000
      69,623 SF

      Bonanza Shopping Center: Clovis, CA

      Grocery-anchored retail center; high growth market.
      1830 Clovis Ave, Clovis, CA 93612
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.29 acres of fully improved commercial land ready to build.
    Where is this commercial land located?
    The property is located at 1445 Shaw Ave Clovis, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - High traffic location with **93,040 cars per day** and unmatched consumer traffic.; - Fully improved and shovel-ready with **utilities present for immediate building.**; - Prime location across from a regional mall and adjacent to major, national retailers.
    (559) 432-5533 Call to check price and availability
    Request Owner's contact information
    1445 Shaw Ave Clovis, CA 93611
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1445 Shaw Ave
    Clovis, CA 93611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1445 Shaw Ave Clovis, CA 93611
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jared Ennis
    Jared Ennis
    (559) 432-5533 (559) 302-8698 (559) 705-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!