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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Auto shops
704 Clovis Ave Clovis, CA 93612-1804
Entity Owned
7-yr Hold
Free & Clear
Property ID
US09-1468340
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1993
Construction
TILT-UP CONCRETE
Total area
3,980 SF
Lot
0.26 ac (11,250 SF)
Zoning code
C3
APN
497-076-14
UPID
US09-1468340
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
-
Midas Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$535k
Blend (final)
Blend
$530k
Owner & transaction history
Glad Fam LP · 7 yrs held
Glad Fam LP
since 2018
7 recorded transactions
Zoning & alternative use
C3 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$800,000
+37.3%
Medical building
$775,000
+32.9%
Retail stores
$770,000
+32.2%
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
AUTO REPAIR, GARAGE
$585,000
Current use
OFFICE BUILDING
$800,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$775,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$133 / 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
$8,756
Tax year 2023
Assessed value
$731,417
Assessed 2023
Previous assessed
$731,417
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$211,692
Assessed improvement
$519,725
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
3,980 SF
Lot
0.26 ac (11,250 SF)
Zoning code
C3
APN
497-076-14
UPID
US09-1468340
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
AUTO REPAIR, GARAGE Current
Est. value
$585,000
OFFICE BUILDING
Est. value
$800,000
MEDICAL BUILDING
Est. value
$775,000
RETAIL STORES
Est. value
$770,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
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
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Glad Fam LP
Entity
Free & Clear · 7 yrs held
Mailing address
1301 L ST STE #4, MODESTO, CA 95354-0936
Ownership since
2018
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
Dec 12, 2018
$66,473
Glad Fam LP
Levens C & S Trust
Grant Deed
—
Jul 18, 1996
—
Levens Trust
Levens-kart Partnership
Quit Claim Deed
related
—
Apr 18, 1996
—
Levens Trust
K A R T
Grant Deed
related
—
Jun 13, 1995
—
Maurice I Glad
Glad Trust
Quit Claim Deed
related
—
Feb 28, 1994
—
Glad Trust
Glad,maurice I &
Quit Claim Deed
related
—
Jan 4, 1993
$511,000
Maurice I Glad
Midas Realty Cor
Grant Deed
$210,000 · Commercial Fremon Ba
Mar 10, 1992
$143,000
Midas Realty Cor
Currie,bros
Grant Deed
—
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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