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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Medical Office Space
1735 Villa Ave Clovis, CA 93612-2443
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-2951349
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
WOOD
Total area
4,064 SF
Lot
0.41 ac (17,859 SF)
Zoning code
CP
APN
497-052-05
UPID
US10-2951349
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
-
HEU MEDICAL GROUP INC Medical Clinic
-
A+ Urgent Medical Clinic
-
A+ Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$520k
Owner & transaction history
Charles Wiklkins · 8 yrs held
Charles Wiklkins
since 2017
7 recorded transactions
Zoning & alternative use
CP · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$820,000
+3.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$795,000
Current use
OFFICE BUILDING
$820,000
Change: +3% · Conversion: Easy
RETAIL STORES
$790,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$128 / 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
$6,079
Tax year 2023
Assessed value
$503,074
Assessed 2023
Previous assessed
$503,074
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$158,577
Assessed improvement
$344,497
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,064 SF
Lot
0.41 ac (17,859 SF)
Zoning code
CP
APN
497-052-05
UPID
US10-2951349
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
MEDICAL BUILDING Current
Est. value
$795,000
OFFICE BUILDING
Est. value
$820,000
RETAIL STORES
Est. value
$790,000
MEDICAL BUILDING Current
OFFICE 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
1989
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Charles Wiklkins
Individual
Mailing address
1735 VILLA AVE, CLOVIS, CA 93612-2443
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2017
—
Heu Pa
—
Deed
related
$191,000 · Cen Cal Busn Fin
Oct 31, 2017
—
Heu Pa
—
Deed
related
$414,000 · Cen Cal Busn Fin
Oct 24, 2017
—
Charles Wiklkins
Rock Creek Ents LLC
Quit Claim Deed
$184,000 · California Bk&tr
Oct 24, 2017
$460,000
Heu Pa
Hawkins Robert
Grant Deed
—
Aug 22, 2008
—
Rock Creek Ents LLC
Wilkins,charles L
Quit Claim Deed
related
—
Aug 26, 2004
$570,000
Charles L Wilkins
Lake,richard D G & Karen G
Grant Deed
$513,000 · Mission Community Bank NA
Aug 26, 2004
—
Charles L Wilkins
Wilkins,karen
Quit Claim Deed
related
—
—
—
Heu Pa
—
Deed Of Trust
related
$191,000 · Cen Cal Busn Fin
—
—
Heu Pa
—
Deed Of Trust
related
$414,000 · Cen Cal Busn Fin
—
—
Rock Creek Ents LLC
—
Deed Of Trust
related
—
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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