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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
575 Minnewawa Ave, Clovis, CA 93612-0989
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3158756
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
WOOD
Total area
4,290 SF
Lot
0.33 ac (14,374 SF)
Zoning code
C3
APN
492-194-42
UPID
US09-3158756
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
-
We Buy I Buy Houses Real Estate Agency
-
Cold Fire Pacific Production Facility Building Supply
-
Pope & Young Bonding & Insurance Services, Inc. Insurance Agency
-
Opulent Services, Inc Construction Company General Contractor
-
Chosen Luxe Aesthetics Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$569k
Blend (final)
Blend
$540k
Owner & transaction history
V Culcasi · 2 yrs held
V Culcasi
since 2023
7 recorded transactions
Zoning & alternative use
C3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$865,000
Current use
MEDICAL BUILDING
$835,000
Change: -3% · Conversion: Easy
RETAIL STORES
$835,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
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
$126 / 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
$4,561
Tax year 2023
Assessed value
$374,033
Assessed 2023
Previous assessed
$374,033
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$91,975
Assessed improvement
$282,058
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
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,290 SF
Lot
0.33 ac (14,374 SF)
Zoning code
C3
APN
492-194-42
UPID
US09-3158756
Jurisdiction
FRESNO
Zoning & alternative use
C3 · Clovis, CA
Zoning C3 · permitted uses
C3 · 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
OFFICE BUILDING Current
Est. value
$865,000
MEDICAL BUILDING
Est. value
$835,000
RETAIL STORES
Est. value
$835,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
1988
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
V Culcasi
Individual
Mailing address
2170 ST MICHAELS CT, BRENTWOOD, CA 94513-1759
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2023
—
V Culcasi
Kathleen Culcasi
Intrafamily Transfer
related
—
Nov 21, 2019
—
Kathleen M Culcasi
Vincent P Culcasi
Quit Claim Deed
related
$150,000 · Tri Counties Bank
Apr 30, 2019
—
Kathleen M Culcasi
Lucido Grace A Living Trust
Quit Claim Deed
related
—
Feb 21, 2014
—
Lucido,grace A Living Trust
Lucido S & L Living Trust
Quit Claim Deed
related
—
May 1, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 26, 2007
—
Lucido Samuel & L Living Trust
Lucido,samuel A & Linda A
Quit Claim Deed
related
—
Apr 24, 2006
—
Vincent P Culcasi
Lucido Grace A Trust
Grant Deed
—
Apr 13, 2006
—
Lucido Grace A Living Trust
Lucido,samuel A & Linda A
Quit Claim Deed
related
—
Nov 5, 1979
$45,000
—
—
Grant Deed
related
—
—
—
Lucido,grace A Living Trust
—
Deed Of Trust
related
$333,333 · Lucido S & L Living Trust (lt)
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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