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Property profile & analytics
OFF-MARKET
Estimated value
$8,185,000
Apartment buildings
1050 Minnewawa Ave 101 Clovis, CA 93612-2145
Individually Owned
30-yr Hold
~
Est. High Equity
Property ID
US09-2338723
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1982
Construction
WOOD
Total area
91,043 SF
Lot
6.81 ac (296,643 SF)
Zoning code
R2A
APN
497-252-01
UPID
US09-2338723
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Woodside Village Apts Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.93M
Blend (final)
Blend
$8.19M
Owner & transaction history
Gsf Woodside Clovis Investors · 30 yrs held
Gsf Woodside Clovis Investors
since 1995
7 recorded transactions
Zoning & alternative use
R2A · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.4M
+11.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clovis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clovis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$11,950,000
Current use
AUTO REPAIR, GARAGE
$13,365,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,700,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$8.19M
Range $7.37M – $9.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$65,373
Tax year 2023
Assessed value
$5,387,783
Assessed 2023
Previous assessed
$5,387,783
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,389,178
Assessed improvement
$3,998,605
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Units
92
Bathrooms
92
Total area
91,043 SF
Lot
6.81 ac (296,643 SF)
Zoning code
R2A
APN
497-252-01
UPID
US09-2338723
Jurisdiction
FRESNO
Zoning & alternative use
R2A · Clovis, CA
Zoning R2A · permitted uses
R2A · Clovis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clovis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$12.0M
AUTO REPAIR, GARAGE
Est. value
$13.4M
INDUSTRIAL (GENERAL)
Est. value
$9.7M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
92
Bathrooms
92
Lot
6.81 ac
Current owner
From public records · entity-resolved
Gsf Woodside Clovis Investors
Individual
Mailing address
6485 N PALM AVE STE #101, FRESNO, CA 93704-1072
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2021
—
Gsf Woodside Clovis Investors LP
—
Deed
related
$6,225,000 · Jpmorgan Chase Bank NA
May 30, 2017
—
Gsf Woodside Clovis Investors LP
—
Deed
related
$6,000,000 · Jpmorgan Chase Bank NA
Jul 31, 1995
$3,356,000
Gsf Woodside Clovis Investors
Rif & Rif IV
Grant Deed
$2,350,000 · American Savings Bank
Dec 5, 1985
$3,053,000
—
—
Grant Deed
related
—
—
—
Gsf Woodside Clovis Investors
—
Deed Of Trust
related
$671,200 · Rif & Rif J V
—
—
Gsf Woodside Clovis Invtrs
—
Deed Of Trust
related
$5,000,000 · Pnc Arcs LLC
—
—
Clovis Investors LP
—
Deed Of Trust
related
$3,300,000 · Arcs Commercial Mortgage Co LP
—
—
Gsf Woodside Clovis Investors
—
Deed Of Trust
related
$740,000 · Arcs Commercial Mortgage Co LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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