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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Grocery and convenience stores
777 Ashlan Ave Clovis, CA 93612-4700
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-3102043
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
4,501 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
430-612-33
UPID
US09-3102043
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
-
UTK Spiritco Big Box & Wholesale Store
-
Mega Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Step-N-Shop Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Just Digital Coin Bitcoin ATM - Clovis Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$510k
Blend (final)
Blend
$550k
Owner & transaction history
Jaskirat K Brar · 7 yrs held
Jaskirat K Brar
since 2019
3 recorded transactions
Zoning & alternative use
C2 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$585,000
+499.1%
Office building
$525,000
+438.3%
Auto repair, garage
$445,000
+357.0%
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
COMMERCIAL (GENERAL)
$585,000
Change: +499% · Conversion: Easy
OFFICE BUILDING
$525,000
Change: +438% · Conversion: Moderate
AUTO REPAIR, GARAGE
$445,000
Change: +357% · Conversion: Difficult
MEDICAL BUILDING
$425,000
Change: +337% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$122 / 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
$6,447
Tax year 2023
Assessed value
$509,294
Assessed 2023
Previous assessed
$509,294
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$123,302
Assessed improvement
$385,992
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
4,501 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
430-612-33
UPID
US09-3102043
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
COMMERCIAL (GENERAL)
Est. value
$585,000
OFFICE BUILDING
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$445,000
MEDICAL BUILDING
Est. value
$425,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Jaskirat K Brar
Individual
Mailing address
777 W ASHLAN AVE, CLOVIS, CA 93612-4700
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2019
$475,000
Jaskirat K Brar
Singh,surjit & Kanwalp
Grant Deed
$125,000 · Private Individual
May 22, 1996
$120,000
Surjit Singh
Rodeffer Trust
Grant Deed
$115,000 · Seller
Sep 28, 1989
$376,000
Rodeffer E O
Pay,& Play Racqu
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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