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    4043 W Clinton Ave Fresno, CA 93722
    Property profile & analytics

    4043 W Clinton Ave, Fresno, CA 93722

    View on Map
    • Grocery and convenience stores
    • 50,318 SF
    • 5.01 lot acres
    For Sale
    $7,534,935
    View Listing →
    Retail Grocery Investment Opportunity For Sale
    $7,534,935
    50,518 SF

    Retail Grocery Investment Opportunity

    50,518 SqFt retail grocery property with 6.20% CAP.

    4043 W Clinton Ave, Fresno, CA 93722
    View Listing
    Property ID
    US10-3064047
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    6.9%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
    • Primo Water Refill / Big Box & Wholesale Store
    • Amazon Locker - Damaso / Courier Service / Postal Service
    • Save Mart / Grocery & Convenience Store / Food Market
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 4043 W Clinton Ave

    Year built
    1996
    Construction
    TILT-UP CONCRETE
    Lot size
    5.01 lot acres
    Zone code
    CC
    Property type
    Grocery and convenience stores
    APN
    312-660-39
    APU
    31266039

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,285,000
      ML approach
      $7,615,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,385,000
      6.5%
      $7,740,000
      7%
      $7,185,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,481,000
      Market price range: $3.42M - $7.75M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,410,000
      Current use
      MEDICAL BUILDING
      $10,115,000
      Change: +87% Conversion: Difficult
      OFFICE BUILDING
      $8,000,000
      Change: +48% Conversion: Easy
      AUTO REPAIR, GARAGE
      $7,760,000
      Change: +43% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $7,075,000
      Change: +31% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $6,445,000
      Change: +19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.863
    Latitude
    36.7708
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,980
    $1,820,700
    $4,499,730
    $6,320,430
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,440 SF

      4246 Ashlan Ave

      CONVENIENCE STORE
      4246 Ashlan Ave, Fresno, CA 93722-6331
      View Details
    • Value Estimation
      $640,000
      4,037 SF

      4331 Clinton Ave

      CONVENIENCE STORE
      4331 Clinton Ave, Fresno, CA 93722
      View Details
    • Value Estimation
      $1,835,000
      1,973 SF

      5316 Shaw Ave

      CONVENIENCE STORE
      5316 Shaw Ave, Fresno, CA 93722-5032
      View Details
    • Value Estimation
      $615,000
      4,246 SF

      5310 Spruce Ave

      CONVENIENCE STORE
      5310 Spruce Ave, Fresno, CA 93722-2344
      View Details
    • Value Estimation by Request
      2,240 SF

      3018 Clinton Ave

      CONVENIENCE STORE
      3018 Clinton Ave, Fresno, CA 93722-5201
      View Details
    • Value Estimation by Request
      2,940 SF

      6895 Milburn Ave

      CONVENIENCE STORE
      6895 Milburn Ave, Fresno, CA 93722
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      50,518 SF

      Retail Grocery Investment Opportunity

      50,518 SqFt retail grocery property with 6.20% CAP.
      4043 W Clinton Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      28,009 SF

      Retail Investment Opportunity Near Highway

      Retail property with long-term leases and highway access.
      5151 N Gates Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      24,368 SF

      Former CVS Retail Opportunity

      24,368 SF retail property on 2.37 acres.
      4021-4077 W Clinton Ave, Fresno, CA 93722
      View Details
    • $125,000
      3,760 SF

      Retail Space in Fresno, CA

      Retail space available for sale in Fresno, California.
      3752 W Shields Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      Pending

      Highway 99 Frontage Development Opportunity

      Corner lot suitable for gas station or fast food development.
      W Ashlan Ave, Fresno, CA 93722
      View Details
    • $135,000
      1,200 SF

      Retail Space in Fresno, CA

      Retail space available for sale in Fresno, California.
      Fresno, CA 93722
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Retail Building on Shaw Avenue

      8,000 SF retail building in Fresno, CA for lease.
      4222 W Shaw Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      80,000 SF

      Retail Space Near Freeway 99

      Retail space with excellent access and visibility from Freeway 99.
      Clinton Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      2,400 SF

      Retail/Automotive Space on Shaw Avenue

      Retail or automotive space available in West Shaw Commerce Center.
      4123 W Shaw Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      1,320 SF

      Retail Space with Street Exposure

      Retail space with monument signage and convenient freeway access.
      4470-4474 W Ashlan Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      3,930 SF

      Retail Space in Shaw Corridor

      Retail space in high-traffic Fresno shopping center for lease.
      4308-4368 W Shaw Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      1,850 SF

      Retail Space with Street Exposure

      Retail space with monument signage and freeway access.
      4420-4422 W Ashlan Ave, Fresno, CA 93722
      View Details
    View Listing
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    Fresno, CA 93722
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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