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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Car washes
1421 Herndon Ave Clovis, CA 93611-0504
Individually Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3741094
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2011
Construction
TILT-UP CONCRETE
Total area
4,212 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C2
APN
563-280-03
UPID
US09-3741094
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
-
Surf Thru Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$725k
Owner & transaction history
Owner Name Unavailable · 15 yrs held
Owner Name Unavailable
since 2010
7 recorded transactions
Zoning & alternative use
C2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+73.4%
Medical building
$820,000
+32.9%
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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$620,000
Current use
RETAIL STORES
$1,070,000
Change: +73% · Conversion: Difficult
MEDICAL BUILDING
$820,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$172 / 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
$34,563
Tax year 2023
Assessed value
$2,884,130
Assessed 2023
Previous assessed
$2,884,130
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,108,281
Assessed improvement
$1,775,849
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,212 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C2
APN
563-280-03
UPID
US09-3741094
Jurisdiction
FRESNO
Zoning & alternative use
C2 · Clovis, CA
Zoning C2 · permitted uses
C2 · 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
AUTO REPAIR, GARAGE Current
Est. value
$620,000
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$820,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
MEDICAL BUILDING
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
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 15 yrs held
Mailing address
2701 BRIGHTON PARK DRDDR, BAKERSFIELD, CA 93311-8577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Surf Thru INC
—
Deed
related
$190,000,000 · Bmo Bank NA
Jun 8, 2022
—
Surf Thru INC
—
Deed
related
$110,000,000 · Pnc Bank NA
May 23, 2019
—
Surf Thru INC
—
Deed
related
$10,000 · Compass Bank
Sep 16, 2011
—
Surf Thru INC
—
Deed Of Trust
related
$2,560,000 · Bank Of The Sierra
Nov 9, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Dec 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$2,200,000 · Premier Vly Bk
—
—
Surf Thru INC
—
Deed Of Trust
related
$841,433 · Bank Of The Sierra
—
—
Surf Thru INC
—
Deed Of Trust
related
$862,000 · Mid St Dev
—
—
Surf Thru INC
—
Loan Modification
related
$1,603,042 · Bank Of The Sierra
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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