Building Details

Year built 1957

Floors in Building 2

Flooring type Concrete

Listing Agency: Realty Concepts, Ltd. - Fresno Show Phone

Listed By: Linda Parks · License #02052142 Show Phone

Added: Apr 18 Changed: Oct 6 Last Checked: Oct 6 at 10:06PM

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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.

Key Highlights

• Year built: 1957
• Concrete flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,110

Cap Rate

4.87%

Suggested Prices Based on Cap Rates

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

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 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 (±1% cap)

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 (±1% cap)

NOI $52,357 @ 7.0% cap · market cap 7.48%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

775

Businesses Nearby

57k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 62% Dining 23% Home Improvements & Furnishings 13% Beauty & Spa 1%

EECU Shops & Services

9,271 visits/mo 0.0 miles

KFC Dining

9,021 visits/mo 0.2 miles

Nelson's Ace Hardware Home Improvements & Furnishings

7,732 visits/mo

Bank of America Shops & Services

6,954 visits/mo 0.1 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

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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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