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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail space
2331 Villa Ave Clovis, CA 93612-4301
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1995258
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Construction
WOOD
Total area
4,620 SF
Lot
0.75 ac (32,568 SF)
Zoning code
C2
APN
499-230-63
UPID
US10-1995258
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
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$320k
Blend (final)
Blend
$510k
Owner & transaction history
L Garcia Jimenez Andrecito · 4 yrs held
L Garcia Jimenez Andrecito
since 2021
Last sale
$535,000
7 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
Method
Estimation
Statistic approach
$505,000
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $535k (Oct 18 2021)
Last sale anchor
$535k
Oct 18 2021
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
$110 / 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
$7,676
Tax year 2023
Assessed value
$637,500
Assessed 2023
Previous assessed
$637,500
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$224,400
Assessed improvement
$413,100
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
1982
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,620 SF
Lot
0.75 ac (32,568 SF)
Zoning code
C2
APN
499-230-63
UPID
US10-1995258
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
1982
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
L Garcia Jimenez Andrecito
Individual
Mailing address
1160 CLOVIS AVE, CLOVIS, CA 93612-2241
Ownership since
2021
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
Nov 5, 2021
—
L Garcia Jimenez Andrecito
—
Deed
related
$219,000 · Cen Cal Business Finance Group
Oct 18, 2021
$535,000
L Garcia Jimenez Andrecito
Rick Lee Russell
Grant Deed
$267,500 · Fresno Cdfi
Feb 2, 2017
—
Russell Family Trust
—
Deed
related
$250,000 · Cen Cal Busn Fin
Jan 10, 2017
—
Russell Family Trust
Opportunity Group 2007 Ptshp
Quit Claim Deed
related
—
Jan 10, 2017
$605,000
Rick Lee Russell
Opportunity Group 2007 Partnership
Grant Deed
$242,000 · Westamerica Bank
Jan 8, 2008
$671,500
Opportunity Group 2007 Ptshp
Russell Family 2003 Trust
Grant Deed
—
Dec 30, 2003
—
Russell,tr
Russell,jack R & Beverly A
Quit Claim Deed
related
—
Nov 30, 1993
$229,000
Jack R Russell
Russell,robert E
Grant Deed
related
$120,000 · Seller
Jun 17, 1992
$108,000
Robert E Russell
Fresno,coombs As
Grant Deed
—
Jan 11, 1990
—
Fresno Paragon A
Clovis Mtg Co
Trustees Deed
related
—
—
—
Russell Family Trust
—
Deed Of Trust
related
$250,000 · Cen Cal Busn Fin
—
—
Paragon A Fresno
—
Deed Of Trust
related
$3,500,000 · Union 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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