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Property profile & analytics
FOR SALE
Office buildings
55 Shaw Ave Clovis, CA 93612
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3094781
For Sale
$1,610,000
55 Shaw Ave, Clovis, CA 93612
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
24,856 SF
Lot
1.63 ac (71,002 SF)
Zoning code
CP
APN
497-211-05
UPID
US09-3094781
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
-
Mike Hannigan : Universal Lending and Real Estate Real Estate Agency
-
M. ANGEL ANGULO, CPA Inc. Tax Preparation
-
Edward J Thompson Mft Family Counselor
-
Total Rejuvenation Alternative Medicine Practice Spa & Massage Center
-
Farmers Insurance - Molthen Insurance Agency, Inc. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.61M
Owner & transaction history
Troy Allen Mckenney · 1 yrs held
Troy Allen Mckenney
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CP · 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
$1,520,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10% · vs last sale $1.65M (Jan 21 2025)
Last sale anchor
$1.65M
Jan 21 2025
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
$65 / 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
$21,091
Tax year 2023
Assessed value
$1,769,131
Assessed 2023
Previous assessed
$1,769,131
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$536,099
Assessed improvement
$1,233,032
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1980
Construction
WOOD
Heating
NONE
Stories
2
Total area
24,856 SF
Lot
1.63 ac (71,002 SF)
Zoning code
CP
APN
497-211-05
UPID
US09-3094781
Jurisdiction
FRESNO
Zoning & alternative use
CP · Clovis, CA
Zoning CP · permitted uses
CP · 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
2
Lot
1.63 ac
Current owner
From public records · entity-resolved
Troy Allen Mckenney
Individual
Mailing address
7480 N PALM AVE STE #101, FRESNO, CA 93711-5501
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
—
Troy Allen Mckenney
Troy A Mckenney
Deed
related
—
Jun 28, 2019
—
Troy A Mckenney
—
Deed
related
$918,000 · Bank Of The Sierra
Dec 20, 2018
$1,650,000
Troy A Mckenney
Gamber Celia A Living Trust
Grant Deed
$200,000 · Bank Of The Sierra
Dec 20, 2018
—
Gamber,celia A Living Trust
Gamber,celia A
Affidavit Of Death
related
—
Apr 10, 1987
—
Gamber,celia A Trust
Gamber,celia A
Quit Claim Deed
related
—
Dec 31, 1986
—
—
—
Grant Deed
related
—
—
—
Troy A Mckenney
—
Deed Of Trust
related
$918,000 · Bank Of The Sierra
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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