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Property profile & analytics
FOR LEASE
Super regional malls
1050 Shaw Ave Clovis, CA 93612
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3256820
For Lease
1 / 9
$3,835,000
1050 Shaw Ave, Clovis, CA 93612
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
401,192 SF
Lot
47.52 ac (2,069,971 SF)
Zoning code
PCC
APN
499-031-46
UPID
US09-3256820
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
-
Fabulous gifts (Bike/Boat/Book/etc) Store
-
Kure Home Health Home Health Care Service Medical Office
-
Sierra Vista Kiosk - Fresno County Public Library Public Library
-
Ocean dental group Dental Office
-
The Jungle Party House Arcade & Gaming Center Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.84M
Owner & transaction history
Comm 2006-c8 Shaw Avenue Clovi · 11 yrs held
Comm 2006-c8 Shaw Avenue Clovi
since 2015
4 recorded transactions
Zoning & alternative use
PCC · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$10 / 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
$165,388
Tax year 2023
Assessed value
$13,450,000
Assessed 2023
Previous assessed
$13,450,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$5,000,000
Assessed improvement
$8,450,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Total area
401,192 SF
Lot
47.52 ac (2,069,971 SF)
Zoning code
PCC
APN
499-031-46
UPID
US09-3256820
Jurisdiction
FRESNO
Zoning & alternative use
PCC · Clovis, CA
Zoning PCC · permitted uses
PCC · 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.
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
2
Lot
47.52 ac
Current owner
From public records · entity-resolved
Comm 2006-c8 Shaw Avenue Clovi
Individual
Free & Clear · 11 yrs held
Mailing address
1601 WASHINGTON AVE STE #700, MIAMI BEACH, FL 33139-3165
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2015
$39,375,000
Comm 2006-c8 Shaw Avenue Clovi
First American Title|landvalue 77 LLC
Trustees Deed
—
Jan 21, 2015
$39,375,000
Comm 2006-c8 Shaw Avenue Clovi
First American Title Insur|landvalue 77 LLC
Trustees Deed
related
—
Aug 1, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 1, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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