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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Retail space
435 Clovis Ave Clovis, CA 93611-0376
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-2798103
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
WOOD
Total area
8,828 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C2
APN
562-142-25
UPID
US09-2798103
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
-
Fit Body Boot Camp Gym & Fitness Center
-
Jack The Clipperr Barber Shop
-
Jimmy John's Take-out & Catering Catering Service
-
Maharaja Sweets & Spices Restaurant Take-out & Catering
-
C-City Smoke Shop and Vapor-Cell Phone Accessory (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$1.78M
Owner & transaction history
Lakhbir Singh · 6 yrs held
Lakhbir Singh
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.9M
+30.6%
Commercial (general)
$2.8M
+22.4%
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
$1,500,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,845,000
7%
$1,715,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,245,000
Current use
OFFICE BUILDING
$2,935,000
Change: +31% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,750,000
Change: +22% · Conversion: Easy
RESTAURANT
$1,880,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10% · vs last sale $1.80M (Apr 30 2020)
Last sale anchor
$1.80M
Apr 30 2020
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
$202 / 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
$22,764
Tax year 2023
Assessed value
$1,892,119
Assessed 2023
Previous assessed
$1,892,119
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$525,588
Assessed improvement
$1,366,531
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
2003
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,828 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C2
APN
562-142-25
UPID
US09-2798103
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
$2.2M
OFFICE BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RESTAURANT
Est. value
$1.9M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
2003
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Lakhbir Singh
Individual
Mailing address
2255 HERNDON AVE, CLOVIS, CA 93611-8946
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
$1,800,000
Lakhbir Singh
Golden Eagle Investments LLC
Grant Deed
$400,000 · Golden Eagle Investments LLC
Apr 30, 2020
—
Lakhbir Singh
Balwinder Kaur
Quit Claim Deed
related
—
Nov 8, 2017
—
Golden Eagle Ins
—
Deed
related
$1,500,000 · Bank Of The Sierra
Apr 17, 2015
$1,255,000
Golden Eagle Investments LLC
Tark LLC
Grant Deed
—
Oct 29, 2003
—
George Tarkanian
Tarkanian,mary K
Quit Claim Deed
related
—
Feb 10, 2000
—
Tark LLC
Tarkanian Family Ptshp
Quit Claim Deed
related
—
Aug 26, 1998
$419,000
Tarkanian Trust
Sjv-6 Beal Partnership
Grant Deed
—
—
—
Tark LLC
—
Deed Of Trust
related
$850,000 · Kansas City Life Insurance Co
—
—
Tark LLC
—
Deed Of Trust
related
$400,000 · Nevada State Bank
—
—
Golden Eagle Ins
—
Deed Of Trust
related
$1,500,000 · Bank Of The Sierra
—
—
Tark LLC
—
Deed Of Trust
related
$850,000 · Standard Insurance Co
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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