Entity Owned Property summary
AI-generated overview
This exceptional retail opportunity is located at 255 W. Shaw Avenue in Clovis, California, 93612, within Fresno County. The property consists of a 30,000 square foot retail center situated on a 2.46-acre lot (APN: 497-051-18 & 497-051-50), zoned C-2. Multiple spaces are available, with a minimum leasable area of 3,600 square feet and a maximum contiguous space of 25,000 square feet. This prime location benefits from exceptional visibility and high traffic counts, boasting 34,549 AADT on Shaw Avenue and 45,851 AADT on Villa Avenue. The property's strategic placement between Walmart and Michaels ensures significant consumer traffic and strong retail co-tenancy. This proposed retail development presents an unmatched opportunity to capitalize on the high-traffic segment of the Shaw Avenue corridor in Clovis, a thriving retail market in Fresno County. The property offers a unique chance to establish a presence in a bustling commercial area with excellent access and visibility. Interested parties should inquire about available space and lease terms.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
TILT-UP CONCRETE
Total area
25,216 SF
Lot
2.03 ac (88,426 SF)
Zoning code
C2
APN
497-051-49
UPID
US09-3844418
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
(Bike/Boat/Book/etc) Store Home Decor Store
-
Courier Service Postal Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.85M
Owner & transaction history
since 2019
1 recorded transaction
Zoning & alternative use
C2 · Clovis, CA
Top alternative use upside
Restaurant
$5.4M
+9.8%
Office building
$5.1M
+3.9%
Medical building
$4.9M
+0.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.85M
Value range
$3.46M – $4.23M
±10% around blend
Estimated value / SF
$152 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$3.46M
blend $3.85M
$4.23M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,216 SF
Lot area
2.03 ac
Year built
2000
Stories
2
APN
497-051-49
Zoning
C2
Assessed value
$4,309,830
Annual tax
$51,118
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.28M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.72M
@ 6.5% CAP return
$5.28M
@ 7% CAP return
$4.90M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$194
-21%
Submarket 40 sales
$255
-40%
County 505 sales
$108
+42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $152/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+10%
vs current-use indication
Office Building
Medical Building
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.31M
Move the market yield to see immediate price impact.
Value / SF
$171
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$272k
$5.43M
$3.88M
$3.02M
$302k
$6.03M
$4.31M
$3.35M
$332k
$6.64M
$4.74M
$3.69M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$51,118
Tax year 2023
Assessed value
$4,309,830
Assessed 2023
Previous assessed
$4,309,830
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$919,780
Assessed improvement
$3,390,050
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Total area
25,216 SF
Lot
2.03 ac (88,426 SF)
Zoning code
C2
APN
497-051-49
UPID
US09-3844418
Jurisdiction
FRESNO
Zoning & alternative use
C2 · Clovis, CAZoning C2 · permitted uses
C2 · Clovis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Clovis, CA
Recorded code
C2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Clovis, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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