Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10 Bullard Ave Clovis, CA 93612
    Back to Search
    Property profile & analytics

    10 Bullard Ave, Clovis, CA 93612

    View on Map
    • Retail properties & Spaces
    • 83,295 SF
    • 8.82 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New Horizon Insurance / Insurance Agency
    • NTK PACK AND CARGO / Shipping Company / Freight Service
    • MVP Cash Advance / Loan Service
    • Lea McAndrews, Quality First Real Estate Group / Real Estate Agency
    • Bea Moreno, Quality First Real Estate Group / Real Estate Agency

    Property Details for 10 Bullard Ave

    Year built
    1978
    Lot size
    8.82 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional commercial property, Crossroads Shopping Center, located at 10-80 W. Bullard Ave, Clovis, CA 93612, presents a prime investment opportunity. The center comprises four single-story buildings totaling 83,295 square feet, situated on 8.82 acres of land (APN 497-280-36). Currently zoned C2, this Class B property, built in 1978, features 26 suites, with 9,250 square feet currently vacant. The property boasts a strong tenant base, including anchor tenants Dollar General Market, Me-N-Ed's Pizzeria, and Subway. Further enhancing its appeal, a new Starbucks with a drive-thru is slated for completion in 2025, creating two additional leasing spaces ideal for retail or office use. The property's strategic location at the intersection of Bullard and Minnewawa Avenues ensures high visibility and accessibility. This multi-tenant property offers a diverse range of leasing options, making it an attractive investment for both established businesses and new ventures. The available space includes a 5,800 sq. ft. unit, perfect for a variety of uses. This is a rare opportunity to acquire a well-established commercial center in a thriving Clovis submarket.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.709
    Latitude
    36.8227

    Comparable in this City

    • Value Estimation by Request

      Clovis Ca

      Lifestyle centers
      0 Clovis Ca, Clovis, CA 93612
      View Details
    • Value Estimation by Request
      5,800 SF

      Swq Clovis & Shaw Ave

      Neighborhood centers
      0 Swq Clovis & Shaw Ave, Clovis, CA 93612
      View Details
    • Value Estimation by Request
      22,750 SF

      1300 Shaw Ave

      Theaters & concert halls
      1300 Shaw Ave, Clovis, CA 93612
      View Details
    • Value Estimation by Request
      62,235 SF

      130 Shaw Ave

      Individual retail properties
      130 Shaw Ave, Clovis, CA 93612
      View Details
    • Value Estimation by Request

      Sec Shaw & Minnewawa

      Neighborhood centers
      0 Sec Shaw & Minnewawa, Clovis, CA 93612
      View Details
    • Value Estimation by Request
      57,785 SF

      285-343 Shaw Ave

      Neighborhood centers
      285-343 Shaw Ave, Clovis, CA 93612
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,800 SF

      Office/Warehouse Flex Condo

      Highly improved flex condo with office buildout and warehouse space for versatile owner-user or investment use.
      2921 Larkin Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      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
    • $1,690,900
      11,580 SF

      For Sale Office Building

      Freestanding office property available in Clovis, offering 11,580 SF on 0.936 acres at 1629 Pollasky Avenue.
      1629 Pollasky Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      12,250 SF

      Retail Building in Clovis, CA

      12,250 SF retail building with nine tenants for sale.
      240 W Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      20,400 SF

      Retail Space in Clovis Center

      Retail or office space in The Center Clovis shopping center.
      384 W Ashlan Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      1 SF

      7.3 Acres Commercial Land Clovis

      7.3 acres of commercial land for sale in Clovis.
      3693 Shaw Ave, Clovis, CA 93612
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Clovis, California.
      1050 Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      18,000 SF

      Retail Space in Clovis, CA

      18,000 sq ft retail property available for rent.
      1045 Herndon Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      2,119 SF

      Available Retail and Office Space

      Executive office, retail, and end cap space for lease.
      150-198 Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      26,998 SF

      Warehouse, Showroom, and Office Space

      Warehouse, showroom, and office space available for lease.
      1321 Railroad Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      4,981 SF

      Office and Retail Space Available

      Executive office, retail, and end cap space for lease.
      20-44 Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      500 SF

      Clovis Office Space Available

      Office space available for rent in Clovis, California.
      1715 Minnewawa Ave, Clovis, CA 93612
      View Details
    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.
    10 Bullard Ave
    Clovis, CA 93612
    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

    Thank You for Inquiry
    10 Bullard Ave, Clovis, CA, 93612
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!