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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Flex space
377 Minnewawa Ave Clovis, CA 93612-0208
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-2741462
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1972
Construction
TYPE NOT SPECIFIED
Total area
4,018 SF
Lot
0.5 ac (21,780 SF)
Zoning code
M1
APN
491-200-14
UPID
US09-2741462
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
-
the Brothers Sustainability Organization
-
USED CARS FRESNO Car Dealership
-
Credit Center @ Clovis Autoplex Car Dealership
-
The Club Wrestling Gym & Fitness Center Sports Field & Court
-
All Access Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$331k
Blend (final)
Blend
$530k
Owner & transaction history
Steven Wayne Clark · 4 yrs held
Steven Wayne Clark
since 2022
5 recorded transactions
Zoning & alternative use
M1 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$810,000
+89.2%
Medical building
$785,000
+83.1%
Retail stores
$780,000
+82.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$560,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$430,000
Current use
OFFICE BUILDING
$810,000
Change: +89% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +83% · Conversion: Difficult
RETAIL STORES
$780,000
Change: +82% · Conversion: Moderate
AUTO REPAIR, GARAGE
$590,000
Change: +38% · Conversion: Easy
WAREHOUSE, STORAGE
$405,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$132 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,212
Tax year 2024
Assessed value
$601,501
Assessed 2024
Previous assessed
$601,501
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$191,386
Assessed improvement
$410,115
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
4,018 SF
Lot
0.5 ac (21,780 SF)
Zoning code
M1
APN
491-200-14
UPID
US09-2741462
Jurisdiction
FRESNO
Zoning & alternative use
M1 · Clovis, CA
Zoning M1 · permitted uses
M1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$430,000
OFFICE BUILDING
Est. value
$810,000
MEDICAL BUILDING
Est. value
$785,000
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$590,000
WAREHOUSE, STORAGE
Est. value
$405,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Steven Wayne Clark
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 26502, FRESNO, CA 93729-6502
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
—
Steven Wayne Clark
Buddy Clarkz Enterprises LLC
Grant Deed
—
May 3, 2019
$550,000
Buddy Clarkz Enterprises LLC
Josephine Cash Trust
Grant Deed
$357,500 · Suncrest Bank
Feb 26, 2019
—
Cash,josephine Trust
Cash,josephine
Affidavit Of Death
related
—
Apr 3, 2014
—
Cash,josephine Trust
Cash,josephine
Quit Claim Deed
related
—
Jul 23, 2013
—
Josephine Cash
Cash,edgar C
Affidavit Of Death
related
—
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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