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Property profile & analytics
OFF-MARKET Estimated value $535,000
Warehouses

1509 Menlo Ave Clovis, CA 93611-0588

5,060 SF 0.83 ac lot Built 1993
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US09-2468559
Property summary
AI-generated overview

Exceptional opportunity to acquire an established gunite construction business in Clovis, CA. This turnkey operation includes all equipment and offers the potential to purchase the accompanying land, featuring a 5,060 square foot building on a 0.83-acre lot. Incorporated in 1994 in Fresno, CA, this reputable business has consistently served the San Joaquin Valley, spanning from Merced to Visalia, for nearly three decades. The company boasts a strong reputation built on exceptional customer service and meticulous attention to detail, having completed over 10,000 swimming pool projects and numerous other specialized undertakings. Their client base includes over 19 pool contractors, along with owner-builders and other clients requiring gunite construction services. The diverse project portfolio extends beyond pools to encompass a wide range of specialized projects, including canals and ditches for irrigation districts, berms and slope protection for agricultural clients, highway underpasses, aesthetically pleasing fountains and waterfalls for residential and commercial properties, and concrete bins. The current owners are motivated to sell the business and all its assets, presenting a rare chance to step into a well-established and profitable enterprise with a proven track record. The asking price for this comprehensive package is $800,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1993
Construction TYPE NOT SPECIFIED
Total area 5,060 SF
Lot 0.83 ac (36,154 SF)
Zoning code M2
APN 491-140-58S
UPID US09-2468559
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
  • Louie's Mobile Speedometer Auto Repair Shop Vehicle Inspection Center
  • Nachtigall Autos Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$629k
Blend (final) Blend
$535k
Owner & transaction history
Daniel G Ball JR · 2 yrs held
Daniel G Ball JR
since 2024
3 recorded transactions
2024
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
M2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $745,000 +45.5%
Apartment house (5+ units) $690,000 +35.0%
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