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Restaurant Space with Covered Parking

742 W SHAW Avenue, Clovis, CA 93612

For Sale
$220,000

Business Opportunity, Clovis, CA

Property Size1,000 SF
Lot Size0.02 Acres
Price / SF$220
Days on Market249

Property Features for 742 W SHAW Avenue

General Information

Property type Residential
Property subtype Retail
Parking 100
Parking features Covered
Subdivision 612
Standard status Active
APN NEW/UNDER CONSTRUCTION/NA
Size 1,000 SF
Lot size 0.02 Acres

Additional Details

Business Included Yes
Listing Agency: Universal Realty Services, Inc.
Listed By: Felipe D Toscano · License CA #02045316
Added: Mar 10 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 645403

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This conventional restaurant property contains 1,000 square feet on a 0.023-acre parcel. Covered parking is part of the property.

The premises are at 742 W Shaw Avenue in Clovis, California, within Fresno County.

Key Highlights

  • 1,000‑square‑foot restaurant property
  • 0.023‑acre parcel
  • Covered parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,147
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,940 $302.9K
Cap Rate 7%
$216,386 $216.4K
Cap Rate 9%
$168,300 $168.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$20.2K $20.20/SF
− OpEx
−$5.0K −$5.05/SF
NOI
$15.1K $15.15/SF
Area
Clovis, CA
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,940
Cap Rate 7%
$216,386
Cap Rate 9%
$168,300

Alternative Uses

Best Use
Specialty Retail
$216.4K
$189.3K – $252.5K (±1% cap)
NOI $15,147 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.9K
$220.4K – $293.9K (±1% cap)
NOI $17,635 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Thai Gem Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby
356k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 26% Home Improvements & Furnishings 17% Groceries 9%
The Home Depot Home Improvements & Furnishings
60,178 visits/mo 0.2 miles
McDonald's Dining
38,681 visits/mo 0.5 miles
Smart & Final Groceries
32,415 visits/mo 0.1 miles
Jack in the Box Dining
27,376 visits/mo 0.5 miles
dd's DISCOUNTS Shops & Services
27,238 visits/mo 0.5 miles

Demographics for 93612, CA

37,368
Population
14,362
Households
2.6
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
5,577
Density / Sq Mi
$64,079
Median Household Income
$40,460
Median Earnings
$1,410
Median Rent
$311,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Fresno County, CA

$128 Jul
$120 Aug
$153 Sep
$182 Oct

Properties on Market for Conventional restaurants in Fresno County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Covered parking serves the restaurant premises on W Shaw Avenue in Clovis.
Where is this conventional restaurant located?
The property is located at 742 W SHAW Avenue Clovis, CA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1,000‑square‑foot restaurant property; 0.023‑acre parcel; Covered parking
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Includes: Price & PSF · Cap rate · Location · Zoning

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