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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Warehouses
1155 Barstow Ave Clovis, CA 93612-1904
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3347332
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
TILT-UP CONCRETE
Total area
5,500 SF
Lot
0.29 ac (12,750 SF)
Zoning code
M1
APN
498-110-30
UPID
US09-3347332
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
-
Outdoor Cover Warehouse (Bike/Boat/Book/etc) Store
-
Renn Upholstery Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$536k
Blend (final)
Blend
$750k
Owner & transaction history
Promnitz,d A & C J Trust · 5 yrs held
Promnitz,d A & C J Trust
since 2020
Last sale
$760,000
6 recorded transactions
Zoning & alternative use
M1 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+110.9%
Office building
$1.1M
+99.4%
Medical building
$1.1M
+93.0%
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
$885,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$555,000
Current use
RESTAURANT
$1,170,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$1,110,000
Change: +99% · Conversion: Difficult
MEDICAL BUILDING
$1,075,000
Change: +93% · Conversion: Difficult
RETAIL STORES
$1,065,000
Change: +92% · Conversion: Moderate
AUTO REPAIR, GARAGE
$810,000
Change: +45% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$720,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $760k (Jul 29 2020)
Last sale anchor
$760k
Jul 29 2020
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
$136 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,314
Tax year 2024
Assessed value
$440,000
Assessed 2024
Previous assessed
$440,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$140,000
Assessed improvement
$300,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,500 SF
Lot
0.29 ac (12,750 SF)
Zoning code
M1
APN
498-110-30
UPID
US09-3347332
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$555,000
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$720,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Promnitz,d A & C J Trust
Trust
Mailing address
2544 SIERRA MADRE AVE, CLOVIS, CA 93611-6520
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2020
—
Promnitz,d A & C J Trust
—
Deed
related
$365,000 · Westamerica Bk
Jul 29, 2020
—
Promnitz,d A & C J Trust
David Promnitz
Quit Claim Deed
related
—
Jun 15, 2005
$760,000
David Promnitz
Bulaich Family Trust
Grant Deed
$684,000 · Bulaich Family Trust 006329
Jun 1, 2005
$760,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$684,000 · Bulaich Family Trust
—
—
David A Promnitz
—
Deed Of Trust
related
$460,000 · Westamerica Bank
—
—
Promnitz,d A & C J Trust
—
Deed Of Trust
related
$365,000 · Westamerica Bk
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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