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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Retail space
288 Shaw Ave Clovis, CA 93612-3601
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0606122
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
WOOD
Total area
4,095 SF
Lot
0.76 ac (33,288 SF)
Zoning code
C2
APN
499-230-48
UPID
US09-0606122
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
-
Panda Express Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.29M
Owner & transaction history
Cft Nv Developments LLC · 2 yrs held
Cft Nv Developments LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+60.6%
Office building
$825,000
+3.9%
Medical building
$800,000
+0.5%
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
$1,465,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$855,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$795,000
Current use
COMMERCIAL (GENERAL)
$1,275,000
Change: +61% · Conversion: Easy
OFFICE BUILDING
$825,000
Change: +4% · Conversion: Easy
MEDICAL BUILDING
$800,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $1.50M (Sep 29 2023)
Last sale anchor
$1.50M
Sep 29 2023
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
$315 / 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
$8,983
Tax year 2023
Assessed value
$750,000
Assessed 2023
Previous assessed
$750,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$475,000
Assessed improvement
$275,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,095 SF
Lot
0.76 ac (33,288 SF)
Zoning code
C2
APN
499-230-48
UPID
US09-0606122
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$825,000
MEDICAL BUILDING
Est. value
$800,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
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
1978
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Cft Nv Developments LLC
Entity
Mailing address
1120 N TOWN CTR DR STE #150, LAS VEGAS, NV 89144-6303
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
$1,500,000
Cft Nv Developments LLC
Brown And Associates Clovis LLC
Grant Deed
—
Jun 14, 2019
—
Brown & Associates Clovis LLC
—
Deed
related
—
Mar 14, 2019
—
Brown & Associates Clovis LLC
Grantor Glen Harris Farms
Quit Claim Deed
—
Jun 22, 2017
—
Glen Harris Farms
—
Deed
related
$4,650,000 · River Vly Cmnty Bk
Nov 21, 2016
—
Glen Harris Farms
—
Deed
related
—
Aug 9, 2016
$5,793,000
Glen Harris Farms
Deanza Family Limited Partnership
Grant Deed
$4,250,000 · River Valley Community Bank
Feb 25, 2005
$1,425,000
Nevada Deanza Family
Tingey C L & C Trust
Grant Deed
$3,876,000 · Sonoma National Bank
Feb 1, 2005
$5,700,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$3,876,000 · Sonoma National Bank
Nov 22, 2004
—
Tingey Charles L & C Trust
Tingey,charles L
Quit Claim Deed
related
—
Sep 28, 2004
—
John A Langford
Langford,marsha
Quit Claim Deed
related
—
Apr 21, 2000
—
Shaw Peach Village LLC
Shaw/peach Village Gp
Quit Claim Deed
related
$1,400,000 · Mohr-rurik Capital Group INC
Mar 27, 1990
—
Peach Villa Shaw
Shaw,peach
Quit Claim Deed
related
$1,500,000 · Sun Life Assurance Co Canada
—
—
Brown & Associates Clovis LLC
—
Loan Modification
related
—
—
—
Glen Harris Farms
—
Loan Modification
related
—
—
—
Glen Harris Farms
—
Loan Modification
related
$4,650,000 · River Vly Cmnty Bk
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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