Office and Medical
For Sale
Contact for pricing
1142 Rose Ave, Selma, CA 93662
Office and medical-ready building offering ample parking in a high-traffic, visibility-focused location.
Property Size8,036 SF
Price / SF$242.66
Days on Market112
Property Features for 1142 Rose Ave
General Information
Standard status
Active
Size
8,036 SF
Property subtype
OFFICE
Lease Type
NNN
Properties For Sale
at 1142 Rose Ave Contact us- Floor
- Bldg
- Size
- 8,036 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1142 Rose Ave
- High-traffic location for excellent visibility
- Ideal for office/medical space
-...
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Listing Agency:
SVN | Clovis Commercial
(559) 400-0830
Listed By:
Cameron Graham · License #01970844
(559) 289-6064
Source:
Moodyscre
Added: May 18
Changed: Aug 9
Last Checked: Sep 6 at 5:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Clovis Commercial
Investment Insights
Based on property information with market context.
This office and medical-ready building is well-suited for businesses looking for a versatile commercial space. The property is positioned to support both office and medical uses, with ample parking for convenience.
Located at 1142 Rose Ave in Selma, CA 93662, the site benefits from a high-traffic setting intended to provide strong visibility for passing customers and patients.
The property is listed for sale and includes the onsite parking needed to accommodate day-to-day arrivals and visits.
Located at 1142 Rose Ave in Selma, CA 93662, the site benefits from a high-traffic setting intended to provide strong visibility for passing customers and patients.
The property is listed for sale and includes the onsite parking needed to accommodate day-to-day arrivals and visits.
Key Highlights
- Office and medical‑ready building for office/medical use
- High‑traffic, visibility‑focused location
- Ample on‑site parking for convenience
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$113,630
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,272,600
$2.3M
Cap Rate 7%
$1,623,286
$1.6M
Cap Rate 9%
$1,262,556
$1.3M
Market Conditions
NOI Build-Up for 8,036 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$197.7K $24.60/SF
− Vacancy
−$8.3K −$1.03/SF
EGI
$189.4K $23.57/SF
− OpEx
−$75.8K −$9.43/SF
NOI
$113.6K $14.14/SF
Area
Fresno County, CA
Vacancy
4.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,272,600
Cap Rate 7%
$1,623,286
Cap Rate 9%
$1,262,556
Alternative Uses
Best Use
Healthcare Medical
$1.62M
$1.42M – $1.89M
NOI $113,630 @ 7.0% cap · market cap 5.83%
Second Best
Office B
$1.38M
$1.21M – $1.61M
NOI $96,412 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,432 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 93662, CA
30,774
Population
9,810
Households
3.1
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
77.9 sq mi
ZIP Area
395
Density / Sq Mi
$56,735
Median Household Income
$34,406
Median Earnings
$1,220
Median Rent
$297,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office and medical-ready building offering ample parking in a high-traffic, visibility-focused location.
Where is this office building located?
The property is located at 1142 Rose Ave Selma, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Office and medical‑ready building for office/medical use; High‑traffic, visibility‑focused location; Ample on‑site parking for convenience
