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Property profile & analytics
OFF-MARKET Estimated value $2,430,000
Retail space

386 Ashlan Ave Clovis, CA 93612-5625

10,800 SF 0.59 ac lot Built 2005
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-3568094
Property summary
AI-generated overview

This exceptional single-tenant retail property, located at 386 W Ashlan Ave in Clovis, California, 93612, presents a fantastic investment opportunity. Situated at the prominent intersection of Ashlan and Peach Avenues, this 1,200 square foot space benefits from high visibility and convenient access. The property is zoned C2, making it suitable for a variety of retail uses. Its strategic location within a busy retail center surrounded by numerous offices ensures a consistent flow of potential customers. The building itself is a strip center configuration, offering excellent storefront exposure. This property is ideal for a business seeking a well-located, single-tenant space in a thriving Clovis commercial area. The address is easily accessible from major thoroughfares, providing convenient access for both customers and employees. Given its prime location and single-tenant occupancy, this property offers a unique opportunity for immediate occupancy and streamlined operations. The property's size is perfectly suited for a variety of retail businesses seeking a manageable and highly visible location. This is a rare opportunity to acquire a well-positioned retail space in a desirable Clovis commercial corridor. The surrounding area boasts a strong concentration of businesses and residential areas, ensuring a robust customer base.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction WOOD
Total area 10,800 SF
Lot 0.59 ac (25,875 SF)
Zoning code C2
APN 493-170-52
UPID US09-3568094
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
  • Happiness Nails and Spa Nail Salon
  • Subway Take-out & Catering
  • Smokers Paradise - Smoke Shop (Bike/Boat/Book/etc) Store
  • Monkey Dog Coffee Cafe & Coffee Shop
  • Fancy Cuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
$2.26M
Comparable Approach Comparable
$3.05M
Blend (final) Blend
$2.43M
Owner & transaction history
Fred Yatming Leung · 1 yrs held
Fred Yatming Leung
since 2025
Last sale
$2.6M
7 recorded transactions
2025
Price N/A
2019
Price N/A
2017
$2.6M
2017
Price N/A
2014
Price N/A
2009
$3.7M
2004
Price N/A
Zoning & alternative use
C2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.4M +60.6%
Restaurant $2.3M +9.8%
Office building $2.2M +3.9%
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