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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Grocery and convenience stores
423 Barstow Ave Clovis, CA 93612-1601
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-0193019
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1980
Construction
WOOD
Total area
3,200 SF
Lot
0.86 ac (37,461 SF)
Zoning code
C2
APN
420-143-01
UPID
US09-0193019
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
-
Valero Gas Station
-
Abe's Liquor & Food (Valero) Grocery & Convenience Store
-
Tacos El Grullense Jal 7 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.70M
Owner & transaction history
Raj S Bagri And Richa Arora Living
Raj S Bagri And Richa Arora Living
since 2026
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Oct 9 2024)
Last sale anchor
$1.70M
Oct 9 2024
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
$531 / 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
$14,882
Tax year 2023
Assessed value
$1,275,958
Assessed 2024
Previous assessed
$1,275,958
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$833,179
Assessed improvement
$442,779
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,200 SF
Lot
0.86 ac (37,461 SF)
Zoning code
C2
APN
420-143-01
UPID
US09-0193019
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.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Raj S Bagri And Richa Arora Living
Individual
Free & Clear · 0 yrs held
Mailing address
2206 E OMAHA AVE, FRESNO, CA 93720-0413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
—
Raj S Bagri And Richa Arora Living
Raj Bagri
Deed
related
—
Aug 18, 2025
—
The Nirmaljeet & Harjinder Khroud T
Nirmaljeet Khroud
Deed
related
—
Oct 9, 2024
$1,700,000
Raj Bagri
Leila Gharibeh
Grant Deed
$1,000,000 · Leila Gharibeh Family Trust
Aug 5, 2022
—
Leila Gharibeh
Leila Gharibeh
Intrafamily Transfer
related
—
Dec 10, 2015
—
Ibrahim Gharibeh
Graribeh,ibrahim
Grant Deed
related
—
Jun 29, 1978
$76,000
Ibrahim I Gharibeh
Gharibeh,leila
Grant Deed
related
—
—
—
Ibrahim I Gharibeh
—
Deed Of Trust
related
$1,070,000 · Sacramento Commercial Bank
—
—
Triond
—
Deed Of Trust
related
$25,000 · Individual
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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