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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Retail space
1820 Shaw Ave Clovis, CA 93611-4001
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-0219164
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
WOOD
Total area
6,875 SF
Lot
0.76 ac (33,105 SF)
Zoning code
PCC
APN
552-020-01S
UPID
US09-0219164
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
-
Judy's Donuts Bakery Discount Store
-
Clovis Hookah & Cigarettes (Bike/Boat/Book/etc) Store
-
Little Caesars Pizza Restaurant
-
Gulab Indian Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
Ratra Ents INC · 6 yrs held
Ratra Ents INC
since 2020
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
PCC · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,625,000
ML approach
$3,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±10% · vs last sale $4.35M (Jan 8 2020)
Last sale anchor
$4.35M
Jan 8 2020
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
$583 / 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
$15,225
Tax year 2023
Assessed value
$1,282,435
Assessed 2023
Previous assessed
$1,282,435
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$415,214
Assessed improvement
$867,221
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,875 SF
Lot
0.76 ac (33,105 SF)
Zoning code
PCC
APN
552-020-01S
UPID
US09-0219164
Jurisdiction
FRESNO
Zoning & alternative use
PCC · Clovis, CA
Zoning PCC · permitted uses
PCC · 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.
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Ratra Ents INC
Entity
Mailing address
7108 N FRESNO ST STE #370, FRESNO, CA 93720-2961
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
—
Ratra Enterprises INC
—
Deed
related
$1,020,500 · Luther Burbank Savings
Jan 8, 2020
$4,350,000
Ratra Ents INC
Penzer M Hardy Trust
Grant Deed
$850,000 · Penzer M Hardy Trust (pt)
Oct 3, 2017
—
Chalmet,danielle Trust
—
Deed
related
$585,000 · Penzer M Hardy Trust (pt)
Apr 24, 2015
—
Penzer,m Hardy Trust|penzer,danielle C Trust
Penzer M H & D C Trust
Quit Claim Deed
related
—
Oct 28, 2003
—
Penzer,tr
Walric Investments
Grant Deed
related
$2,600,000 · Valley Independent Bank
—
—
Chalmet,danielle Trust
—
Deed Of Trust
related
$585,000 · Penzer M Hardy Trust (pt)
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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