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

    23117 Tollhouse Rd Clovis, CA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $425,000

    Restaurant and bar building with ample parking for sale.

    Type:RETAIL
    Property size:
    2,178 SF
    Lot size:
    2.25 Acres
    Added:
    Jul 25, 2025
    Days on Market:
    251
    Last Refresh:
    Mar 29 at 10:24 pm

    Property Features for 23117 Tollhouse Rd

    General Information

    Standard status
    Active
    Size
    2,178 SF
    Lot size
    2.25 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Niamh Hargis

    Listing agent Niamh Hargis

    Listing office Cushman & Wakefield | Fresno

    Listing date Jul 25, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Fresno

    Overview

    Restaurant and Bar Opportunity

    This is a 2,178 square foot restaurant and bar building situated on a 1.89-acre lot. Built in 1939, the property is zoned C2 (Community Shopping Center). It features excellent visibility and access. All furniture, fixtures, and equipment (FF&E) are included, making it ready to operate. The property offers ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Humphrey Station Historical ... Tour Operator

    Suggested Use

    Hotel & Motel

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

    Similar Places Nearby

    • THE PALACE NIGHTCLUB, BAR & LOUNGE — 446 Clovis Ave, Clovis, CA 93612
    • Old Town Saloon — 450 Clovis Ave, Clovis, CA 93612
    • Old Town 500 Club Bar & Grill — 500 Clovis Ave, Clovis, CA 93612
    • 559 Local — 356 Pollasky Ave #100, Clovis, CA 93612
    • Trelio Food & Wine — 438 Clovis Ave #4, Clovis, CA 93612

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.447
    Latitude
    36.9614

    Nearby Similar for Sale

    • $800,000
      3,600 SF

      Clovis Commercial Property For Sale

      Commercial property in Clovis, CA, with automotive and retail potential.
      707 Jefferson Avenue, 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 Avenue, 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 Avenue, Clovis, CA 93612
      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
      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 Drive unit: 101, 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 Avenue, Clovis, CA 93612
      View Details
    • $1,950,000
      39,204 SF

      Retail Property in Clovis, CA

      Retail property available for sale in Clovis, California.
      1886 N Leonard Avenue, Clovis, CA 93619
      View Details
    • $6,000,000

      Clovis Land with Income Potential

      1638.1 acres of grazing land with cell tower leases.
      Auberry Road, Clovis, CA 93619
      View Details
    • $11,127,000
      21,702 SF

      Loma Vista Marketplace Retail Space

      Retail space in a master-planned community with high traffic.
      3682 E Shaw Ave, Clovis, CA 93619
      View Details
    • $4,000,000
      9,630 SF

      Leased Office Building For Sale

      Turnkey, fully leased office building in Clovis, California.
      2525 Alluvial Ave, Clovis, CA
      View Details
    • $4,310,000
      12,250 SF

      Retail Building in Clovis, CA

      12,250 SF retail building with nine tenants for sale.
      240 W Shaw Ave, Clovis, CA
      View Details
    • Contact for pricing
      7,410 SF

      Clovis Industrial Property For Sale

      7,410 SF industrial property available in Clovis, California.
      361 N Minnewawa Ave, Clovis, CA
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Restaurant and bar building with ample parking for sale.
    Where is this bar & pub located?
    The property is located at 23117 Tollhouse Rd Clovis, CA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: All FF&E included — ready to operate; Excellent visibility and access; 1.89‑acre lot with ample parking
    (559) 433-3500
    We can help!
    Listing Contact
    Niamh Hargis
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!