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    Property profile & analytics

    622 Pollasky Ave Clovis, CA 93611-4437

    • Warehouses
    • 15,016 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $1,620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5324808
    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.

    Current Use by Public Records

    • The Admin Office / Warehouse & Storage
    • Brighten Academy Preschool / High School / Daycare Center

    Property Details for 622 Pollasky Ave

    Year built
    2022
    Lot size
    1.00 lot acres
    Property size
    15,016 SF
    Zone code
    M1
    Property type
    Warehouses
    APN
    562-260-16
    APU
    56226016

    Description

    This exceptional 15,117-square-foot warehouse is situated on a one-acre lot within the coveted Dry Creek Business Park in Clovis, California. The property boasts a single-tenant occupancy, ideal for businesses seeking ample space and privacy. Its strategic location provides convenient access to Highway 168, ensuring efficient transportation and logistics. The warehouse itself features an impressive 18-foot ceiling height, offering significant vertical storage capacity and operational flexibility. The building is classified as industrial, with an M-1 zoning designation. This property presents a rare opportunity to secure a well-located, spacious, and functional warehouse in a thriving business park. The building's new construction ensures modern amenities and efficient design. The single-tenant occupancy eliminates the complexities of multi-tenant management, making it an attractive option for businesses seeking a streamlined operational environment. With its generous square footage and prime location, this warehouse is perfectly suited for a variety of industrial uses. The one-acre lot provides ample space for loading, unloading, and potential future expansion. This is a must-see property for businesses seeking a high-quality warehouse space in Clovis, CA. The address is 622 N. Pollasky Avenue, Clovis, CA 93611.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,048,000
      Market price range: $825k - $2.15M
      AI Estimate
      $993,000
      Market price range: $461k - $1.06M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,515,000
      Current use
      AUTO REPAIR, GARAGE
      $2,205,000
      Change: +46% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,045,000
      Change: +35% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.703
    Latitude
    36.8415
    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
    2024
    $20,665
    $487,764
    $1,224,000
    $1,711,764
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,440,000
      14,353 SF

      682 Pollasky Ave

      WAREHOUSE, STORAGE • 14,353 SF
      682 Pollasky Ave, Clovis, CA 93611-4446
      View Details
    • Value Estimation
      $1,085,000
      9,548 SF

      466 Spruce Ave

      WAREHOUSE, STORAGE • 9,548 SF
      466 Spruce Ave, Clovis, CA 93611-4444
      View Details
    • Value Estimation
      $595,000
      4,940 SF

      1506 Menlo Ave

      WAREHOUSE, STORAGE • 4,940 SF
      1506 Menlo Ave, Clovis, CA 93611-0508
      View Details
    • Value Estimation by Request
      7,952 SF

      1589 Menlo Ave

      WAREHOUSE, STORAGE • 7,952 SF
      1589 Menlo Ave, Clovis, CA 93611
      View Details
    • Value Estimation by Request
      3,688 SF

      1430 Menlo Ave

      WAREHOUSE, STORAGE • 3,688 SF
      1430 Menlo Ave, Clovis, CA 93611-0506
      View Details
    • Value Estimation
      $655,000
      12,913 SF

      1436 Menlo Ave

      WAREHOUSE, STORAGE • 12,913 SF
      1436 Menlo Ave, Clovis, CA 93611-2506
      View Details

    Similar Nearby for Sale

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      Clovis Industrial Property - Prime Location

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    • $3,500,000
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    Similar Nearby for Lease

    • Contact for pricing
      1,488 SF

      Clovis Retail Storefront Warehouse Space

      Retail storefront with warehouse space in Clovis, California.
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      View Details
    • $21 SF/Yr
      23,000 SF

      Clovis CA Multi-Use Commercial Space

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      View Details
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      9,311 SF

      Clovis Warehouse with Gated Yard

      Warehouse in Clovis featuring a gated yard and loading dock.
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      5,377 SF

      Clovis Warehouse Space Available

      5,377 SF warehouse space for lease in Clovis.
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      2,000 SF

      Clovis Flex-Industrial Space Available

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      View Details
    • $2 SF/Yr

      Modern Office Space in Clovis

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      View Details
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    622 Pollasky Ave
    Clovis, CA 93611-4437
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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.

    More about this property
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