2854 Floral AveSelma, CA 93662

Property Details for 2854 Floral Ave

Year built

1983

Construction

WOOD

Lot size

0.44 AC

Property size (Sq ft)

1,953 SF

Zone code

C6

Property type

Retail properties

Property subtype

Turn key restaurants

APN

358-200-42S

APU

35820042S

Description

This exceptional retail opportunity is located at 2854 Floral Ave, Selma, CA 93662, at the northeast corner of Floral and Highland Avenues. The property boasts a highly desirable location adjacent to a newly constructed Dutch Bros Coffee, ensuring high foot traffic and visibility. This prime retail space offers multiple units ranging from 1,200 to 3,490 square feet, perfect for a variety of businesses. Floral Avenue is Selma's main east-west retail corridor, home to numerous national and regional retailers and restaurants, guaranteeing a strong customer base. The property benefits from its proximity to State Highway 99 ramps on Floral Avenue, providing easy access for customers and employees. The surrounding area shows significant regional development, further enhancing the property's value and potential. This is an unparalleled chance to establish a thriving business in a bustling and growing community. The property is classified as Retail, Subtype High Visibility, and is available for multiple tenants. The property is situated in Fresno County, California. This location offers exceptional visibility and accessibility, making it an ideal investment for businesses seeking a prominent presence in the Selma market. Don't miss this opportunity to secure your space in this thriving retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $406,998

  6.5%

  $375,691

  7%

  $348,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $653,535

  Geo Method

  $1,372,672

• Alternative Use

  Use

  Valuation

  Residential

  $316,909

  Hospitality

  $290,287

  Educational

  $241,515

  Medical

  $249,822

  Retail

  $375,691

Location Insight

City

Selma

County

Fresno

State

California

Latitude

36.5771

Longitude

-119.628

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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