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Property profile & analytics
FOR SALE
Office buildings
1629 Pollasky Ave Clovis, CA 93612
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-1084184
For Sale
1 / 41
$1,690,900
1629 Pollasky Ave, Clovis, CA 93612
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
WOOD
Total area
11,580 SF
Lot
0.94 ac (40,770 SF)
Zoning code
CP
APN
497-202-01
UPID
US09-1084184
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
-
AMPM REALTY Real Estate Agency
-
Renee & co. (Appointments only) Nail Salon
-
Bracy's Hair Designs Hair Salon Nail Salon
-
Inheritance Photography Photography Service (Bike/Boat/Book/etc) Store
-
Budget Tractor Rental Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.52M
Owner & transaction history
Lujach Enterprises LLC · 2 yrs held
Lujach Enterprises LLC
since 2024
7 recorded transactions
Zoning & alternative use
CP · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+5.8%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,335,000
Current use
RESTAURANT
$2,470,000
Change: +6% · Conversion: Moderate
MEDICAL BUILDING
$2,260,000
Change: -3% · Conversion: Easy
RETAIL STORES
$2,245,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$131 / 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
$15,361
Tax year 2023
Assessed value
$1,293,998
Assessed 2023
Previous assessed
$1,293,998
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$362,542
Assessed improvement
$931,456
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,580 SF
Lot
0.94 ac (40,770 SF)
Zoning code
CP
APN
497-202-01
UPID
US09-1084184
Jurisdiction
FRESNO
Zoning & alternative use
CP · Clovis, CA
Zoning CP · permitted uses
CP · 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
OFFICE BUILDING Current
Est. value
$2.3M
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Lujach Enterprises LLC
Entity
Free & Clear · 2 yrs held
Mailing address
14 CASTLEDOWN RD, PLEASANTON, CA 94566-9749
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2024
—
Lujach Enterprises LLC
Michael P Connolly
Grant Deed
—
Jun 8, 2018
—
Lujach Ents LLC
Connolly,michael P
Quit Claim Deed
related
—
Nov 17, 2016
—
Michael P Connolly
Connolly,christine A
Quit Claim Deed
related
—
Nov 17, 2016
$1,160,000
Michael P Connolly
Sor Ents LLC
Grant Deed
—
Oct 31, 2002
$525,000
Sor Enterprises LLC
Folia,milly A
Grant Deed
$367,500 · Central Valley Community Bank
Aug 10, 2001
$200,000
Milly L Folia
Palms Apartments INC
Grant Deed
related
$115,000 · Budget Finance Co
Dec 20, 1984
$190,000
Palm Apartments INC
—
Grant Deed
related
—
Jun 30, 1978
—
—
—
Grant Deed
related
—
—
—
Milly L Folia
—
Deed Of Trust
related
$25,882 · Lee & Valli Hansen
—
—
Milly L Folia
—
Deed Of Trust
related
$20,000 · Lee & Valli Hansen
—
—
Milly L Folia
—
Deed Of Trust
related
$20,000 · Lee & Valli Hansen
—
—
Milly L Folia
—
Deed Of Trust
related
$50,480 · Lee & Valli Hansen
—
—
Milly L Folia
—
Deed Of Trust
related
$25,882 · Lee & Valli Hansen
—
—
Palms Apartments INC
—
Deed Of Trust
related
$110,000 · Budget National Finance Co
—
—
Milly L Folla
—
Deed Of Trust
related
$260,000 · Benjamin Trust
—
—
Milly L Folia
—
Deed Of Trust
related
$6,263 · Lee & Valli Hansen
—
—
Sor Ents LLC
—
Deed Of Trust
related
$200,000 · Central Valley Community Bank
—
—
Sor Ents LLC
—
Deed Of Trust
related
$32,500 · Central Valley Community 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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