1830 Clovis Ave Clovis, CA 93612-2713
Property Lookup
Property profile & analytics
1830 Clovis Ave Clovis, CA 93612-2713
- Strip malls
- 67,020 SF
- 5.41 lot acres
Property ID
US09-1172654
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Certus CrossFit / Gym & Fitness Center
Property Details for 1830 Clovis Ave
- Year built
- 1964
- Construction
- TILT-UP CONCRETE
- Lot size
- 5.41 lot acres
- Property size
- 67,020 SF
- Zone code
- C2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 497-223-11
- APU
- 49722311
Description
This exceptional investment opportunity presents the leasehold interest in the Bonanza Shopping Center, a 69,623-square-foot grocery-anchored shopping center located in Clovis, California. Situated on 6.01 acres at the southwest corner of Clovis Avenue and Shaw Avenue, this 100% occupied center boasts a diverse mix of 16 tenants providing essential daily needs and services. The property benefits from a strong anchor tenant, a high-performing Grocery Outlet, complemented by recession-resistant tenants such as Octapharma Plasma and The Salvation Army. Other tenants include a variety of fitness, restaurant, and personal care businesses, catering to the thriving community. Clovis is experiencing significant population growth, exceeding 20% since 2010, and demonstrates strong demographics with an average household income of $97,984 within a three-mile radius. This prime location, coupled with the center's resilient tenant mix, offers a compelling investment opportunity with a current NOI of $1,028,044 and an 8.16% cap rate. The ground lease extends until January 31, 2057, providing long-term stability. The asking price is $12,600,000, representing a price per square foot of $180.97. This is a Core+ leasehold investment with significant upside potential in a rapidly expanding market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,880,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,571,000
Market price range: $957k - $2.00M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,450,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Fresno
- State
- California
- Longitude
- -119.701
- Latitude
- 36.8095
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$91,310
$2,730,787
$4,949,556
$7,680,343
-
$0.00
$0.00
$0.00
