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Property profile & analytics
FOR LEASE
Warehouses
1095 Cole Ave Clovis, CA 93612
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3033096
For Lease
1 / 2
Contact for pricing
1095 Cole Ave, Clovis, CA 93612
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
TILT-UP CONCRETE
Total area
6,054 SF
Lot
0.36 ac (15,540 SF)
Zoning code
M1
APN
498-110-36
UPID
US09-3033096
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
-
Precast Mantle Pieces Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tarlton Fresno LLC · 3 yrs held
Tarlton Fresno LLC
since 2023
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
M1 · 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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,662
Tax year 2024
Assessed value
$382,500
Assessed 2024
Previous assessed
$382,500
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$153,000
Assessed improvement
$229,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,054 SF
Lot
0.36 ac (15,540 SF)
Zoning code
M1
APN
498-110-36
UPID
US09-3033096
Jurisdiction
FRESNO
Zoning & alternative use
M1 · Clovis, CA
Zoning M1 · permitted uses
M1 · 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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Tarlton Fresno LLC
Entity
Mailing address
3350 S ELM AVE, FRESNO, CA 93706-5623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
$375,000
Tarlton Fresno LLC
Stepan Sarmazian
Grant Deed
—
Apr 27, 2023
—
Stephan Sarmazian
Astghik Harutyunyan
Intrafamily Transfer
related
—
Feb 4, 2022
—
Stepan Sarmazian
Robert Sarmazian
Intrafamily Transfer
related
—
Apr 2, 2020
—
Robert Sarmazian
—
Deed
related
$305,000 · Bank Of The West
Dec 22, 2005
$565,000
Robert Sarmazian
Armen Basmajian
Grant Deed
$525,000 · Temecula Valley Bank
Aug 8, 2001
—
Basmajian Trust
Basmajian,armen
Quit Claim Deed
related
—
Oct 19, 1993
$50,000
Armen Basmajian
Kassouf,bechar &
Grant Deed
—
Apr 5, 1993
$50,000
Bechar Kassouf
Winn,dale H&vicki L
Grant Deed
$19,526 · Seller
Feb 3, 1989
$45,000
Dale H Winn
Graham,james G
Grant Deed
$10,000
—
—
Dale H Winn
—
Deed Of Trust
related
$50,250 · Clovis Community Bank
—
—
Robert Sarmazian
—
Deed Of Trust
related
$305,000 · Bank Of The West
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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