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Property profile & analytics
FOR SALE
Retail space
23117 Tollhouse Rd Clovis, CA 93619
Individually Owned
12-yr Hold
Free & Clear
Property ID
US09-2975394
For Sale
1 / 2
$425,000
23117 Tollhouse Rd, Clovis, CA 93619
View Listing →
Property summary
AI-generated overview
This exceptional Clovis, CA property presents a unique investment opportunity. The 2,178 square foot building currently operates as a successful Humphrey Station restaurant, mini-mart, and bar, boasting a long history of profitability. This turnkey operation includes all necessary equipment and licenses for immediate operation, significantly reducing startup costs and time. A key asset is the inclusion of a full 47 liquor license and a grandfathered off-site license, providing significant revenue potential. The property's versatility extends beyond its current use
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
WOOD
Total area
2,178 SF
Lot
1.89 ac (82,328 SF)
Zoning code
C2
APN
138-270-07
UPID
US09-2975394
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
-
Humphrey Station Historical Marker Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terry E Smith SR. · 12 yrs held
Terry E Smith SR.
since 2014
6 recorded transactions
Zoning & alternative use
C2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,406
Tax year 2023
Assessed value
$235,641
Assessed 2023
Previous assessed
$235,641
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$94,255
Assessed improvement
$141,386
Applied tax rate
199.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1939
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,178 SF
Lot
1.89 ac (82,328 SF)
Zoning code
C2
APN
138-270-07
UPID
US09-2975394
Jurisdiction
FRESNO
Zoning & alternative use
C2 · Clovis, CA
Zoning C2 · permitted uses
C2 · 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
1939
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Terry E Smith SR.
Individual
Free & Clear · 12 yrs held
Mailing address
10629 N ARMSTRONG AVE, CLOVIS, CA 93619-7802
Ownership since
2014
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
May 5, 2014
$200,000
Terry E Smith SR.
Wt Capital Lender Services
Trustees Deed
related
—
Apr 19, 2012
$247,000
Cjs Restaurant LLC
J L Robinson INC
Grant Deed
$175,000 · Newton C & B Living Trust (lt)
Oct 3, 2007
$500,000
J L Robinson INC
Newton,charles E & Barbara K
Grant Deed
$310,000 · Newton C & B Living Trust
Jul 3, 1991
$30,000
Newton,charles E
Ertl,nadene
Trustees Deed
—
Mar 8, 1991
$107,500
Nadene Ertl
Appling,marian L
Grant Deed
related
$120,000 · Seller
—
—
Nelson Susan M Living Trust
—
Deed Of Trust
related
$71,000 · Wells Fargo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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