Retail Storefront For
For Sale
$700,000
2030 E Front Street, Selma, CA 93662
COMMERCIAL - Selma, CA
Property Size2,639 SF
Lot Size0.08 Acres
Price / SF$265.25
Days on Market119
Property Features for 2030 E Front Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Directions
From 99, East on Second St, Left on E. Front St. Building is on your right.
Subdivision
662
Standard status
Active
APN
38916215
Size
2,639 SF
Lot size
0.08 Acres
Building Details
Year built
1957
Floors in Building
2
Flooring type
Concrete
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 490-1500
Listed By:
Linda Parks · License #02052142
(559) 490-1500
Added: Apr 18
Changed: Aug 14
Last Checked: Aug 14 at 6:06PM
MLS# 647436
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail storefront property is available for sale in Selma, CA. The building encompasses 2,639 square feet and sits on a 0.0826-acre lot.
The property is located at 2030 E Front Street in Fresno County, providing a dedicated retail storefront setting for appropriate tenant use.
For buyers and brokers seeking a compact retail format, this offering provides a straightforward building-and-lot configuration within a defined storefront property footprint.
The property is located at 2030 E Front Street in Fresno County, providing a dedicated retail storefront setting for appropriate tenant use.
For buyers and brokers seeking a compact retail format, this offering provides a straightforward building-and-lot configuration within a defined storefront property footprint.
Key Highlights
- Year built: 1957
- Concrete flooring
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
$34,110
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
4.87%
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%
$682,200
$682.2K
Cap Rate 7%
$487,286
$487.3K
Cap Rate 9%
$379,000
$379.0K
Market Conditions
NOI Build-Up for 2,639 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
$51.6K $19.56/SF
− Vacancy
−$2.9K −$1.10/SF
EGI
$48.7K $18.46/SF
− OpEx
−$14.6K −$5.54/SF
NOI
$34.1K $12.93/SF
Area
Fresno County, CA
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
30.00%
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%
$682,200
Cap Rate 7%
$487,286
Cap Rate 9%
$379,000
Alternative Uses
Best Use
Retail
$487.3K
$426.4K – $568.5K
NOI $34,110 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$748.0K
$654.5K – $872.6K
NOI $52,357 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 20%
Home Improvements & Furnishings 14%
Beauty & Spa 1%
EECU
Shops & Services
9,271 visits/mo
0.2 miles
KFC
Dining
9,021 visits/mo
0.2 miles
Nelson's Ace Hardware
Home Improvements & Furnishings
7,732 visits/mo
0.3 miles
Bank of America
Shops & Services
6,954 visits/mo
0.3 miles
Watermill Express
Shops & Services
6,083 visits/mo
0.2 miles
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail storefront property in Selma, CA with a 2,639-square-foot building on a small lot.
Where is this retail space located?
The property is located at 2030 E Front Street Selma, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Year built: 1957; Concrete flooring
