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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Medical Office Space
13385 Bullard Ave Clovis, CA 93619-8812
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-3309061
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
TYPE NOT SPECIFIED
Total area
7,094 SF
Lot
19.74 ac (859,874 SF)
Zoning code
AE20
APN
308-021-02
UPID
US09-3309061
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
-
Troy S Ford Veterinary Surgery Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$939k
Blend (final)
Blend
$1.19M
Owner & transaction history
Troy S Ford · 16 yrs held
Troy S Ford
since 2009
7 recorded transactions
Zoning & alternative use
AE20 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+30.5%
Restaurant
$1.5M
+9.3%
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%
$1,525,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,385,000
Current use
RETAIL STORES
$1,805,000
Change: +31% · Conversion: Difficult
RESTAURANT
$1,510,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$167 / 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
$12,842
Tax year 2023
Assessed value
$917,900
Assessed 2023
Previous assessed
$917,900
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$400,000
Assessed improvement
$517,900
Applied tax rate
71.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
7,094 SF
Lot
19.74 ac (859,874 SF)
Zoning code
AE20
APN
308-021-02
UPID
US09-3309061
Jurisdiction
FRESNO
Zoning & alternative use
AE20 · Clovis, CA
Zoning AE20 · permitted uses
AE20 · 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
MEDICAL BUILDING Current
Est. value
$1.4M
RETAIL STORES
Est. value
$1.8M
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING Current
RETAIL STORES
RESTAURANT
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
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
19.74 ac
Current owner
From public records · entity-resolved
Troy S Ford
Individual
Mailing address
13385 E BULLARD AVE, CLOVIS, CA 93619-8812
Ownership since
2009
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
Nov 21, 2017
—
Tromar Properties LLC
—
Deed
related
$105,000 · Fresno First Bank
Dec 15, 2009
—
Troy S Ford
Ford T & M Family Trust
Quit Claim Deed
—
Dec 10, 1997
—
Troy S Ford
Ford,troy S
Quit Claim Deed
related
—
Dec 12, 1996
—
Troy S Ford
Ford,margaret D
Quit Claim Deed
related
$400,000 · Sierrawest Bank
Apr 23, 1996
—
Troy S Ford
Ford Trust
Quit Claim Deed
related
—
Jun 1, 1994
$150,000
Ford Trust
Pollard Trust
Grant Deed
—
Mar 6, 1990
$135,000
Pollard,family T
Ogrady,patrick J
Grant Deed
—
—
—
Tromar Properties LLC
—
Deed Of Trust
related
$114,592 · Fresno First Bank
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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