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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Residential income homes
190 9th St Clovis, CA 93612-1743
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3049106
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1980
Construction
WOOD
Total area
4,780 SF
Lot
0.33 ac (14,400 SF)
APN
497-240-01
UPID
US10-3049106
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$850k
Blend (final)
Blend
$910k
Owner & transaction history
190 W 9th Street LLC · 3 yrs held
190 W 9th Street LLC
since 2022
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+137.5%
Office building
$965,000
+53.6%
Medical building
$930,000
+48.6%
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
$970,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$1,175,000
6.5%
$1,085,000
7%
$1,005,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$625,000
Current use
COMMERCIAL (GENERAL)
$1,490,000
Change: +137% · Conversion: Moderate
OFFICE BUILDING
$965,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$930,000
Change: +49% · Conversion: Moderate
RETAIL STORES
$930,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $900k (Aug 1 2022)
Last sale anchor
$900k
Aug 1 2022
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
$190 / 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
$10,673
Tax year 2023
Assessed value
$900,000
Assessed 2023
Previous assessed
$900,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$90,000
Assessed improvement
$810,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Units
4
Bathrooms
8
Total area
4,780 SF
Lot
0.33 ac (14,400 SF)
APN
497-240-01
UPID
US10-3049106
Jurisdiction
FRESNO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$625,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$965,000
MEDICAL BUILDING
Est. value
$930,000
RETAIL STORES
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$700,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1980
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Bathrooms
8
Lot
0.33 ac
Current owner
From public records · entity-resolved
190 W 9th Street LLC
Entity
Mailing address
24 PLEASANT RDG RD, HARRISON, NY 10528-1004
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$900,000
190 W 9th Street LLC
Otis E Rounds
Grant Deed
—
Nov 30, 2015
$518,000
Otis E Rounds
Stephen R Graves Profit Sharin
Grant Deed
—
Nov 30, 2015
—
Otis E Rounds
Patricia A Rounds
Intrafamily Transfer
related
—
Jun 26, 2015
—
Stephen R Graves
Graves Rebecca
Quit Claim Deed
related
$200,000 · Mid Vly Svcs
Oct 24, 2011
$310,000
Stephan R Graves Ps 401k Plan
Pauli,richard K & Patricia A
Grant Deed
—
Sep 20, 2006
$619,000
Richard K Pauli
Nielson Family Trust
Grant Deed
$494,850 · Bankunited Fsb
Dec 12, 2005
—
Nielson Family Trust
Nielson,daniel & Renee
Quit Claim Deed
related
—
Nov 9, 2005
—
Daniel Nielson
Brown,garold C & Carol A
Grant Deed
related
—
Jul 19, 2005
$542,000
Daniel Nielson
Garold C Brown
Grant Deed
$433,600 · Washington Mutual Bank Fa
Jun 17, 1996
—
Garold C Brown
Garold C Brown Family LP
Quit Claim Deed
related
—
Dec 30, 1994
—
Garold C Brown Family LP
Brown,garold C & Carol A
Quit Claim Deed
related
—
—
—
Garold C Brown
—
Deed Of Trust
related
$108,000 · Glendale Federal 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.
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