Selma Processing and Storage
For Sale
Contact for pricing
5414 E Floral Ave, Selma, CA 93662
Large-capacity nut processing and storage facility on approximately 80 acres.
Property Size159,600 SF
Lot Size79.62 Acres
Price / SF$375.63
Days on Market163
Property Features for 5414 E Floral Ave
General Information
Standard status
Active
Size
159,600 SF
Class
A
Lot size
79.62 Acres
Property subtype
Industrial
Zoning
AE20
Building Details
Tenancy
Single
Listing Agency:
Schuil Ag Real Estate
(559) 734-1700
Listed By:
Rick Schuil · License #00961925
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 13 at 2:42PM
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 Schuil Ag Real Estate
Investment Insights
Based on property information with market context.
Located at 5414 E. Floral Ave. in Selma, CA, this property encompasses approximately 79.62 assessed acres. The facility has a total annual capacity of approximately 55,000,000 in-shell pounds, processing around 24,000 in-shell pounds per hour, with a record volume of approximately 77,000,000 in-shell pounds processed in 2023. The hulling and drying capacity is approximately 12 tons per hour at the South Plant. The South Plant also handles organic cracking, dicing, and sizing, processing approximately 4,000 meat pounds per hour and 8,000 in-shell pounds per hour. The North Pre-Clean & Cracking Plant processes approximately 150,000 meat pounds per hour and 24,000 in-shell pounds per hour. Pasteurization capacity is approximately 12,000 meat pounds per hour, with three packaging lines capable of producing approximately 120,000 meat pounds per day in retail packaging. The North Processing building, spanning approximately 150,000 sq. ft., includes about 7,500 sq. ft. of administrative and sales offices, featuring reception and cubical rooms, a conference room, a kitchen, and an IT room, along with operations offices, employee break and locker rooms. It also houses approximately 60,000 sq. ft. of three cold storage rooms with eleven chilling units, truck-high recessed loading docks, speed doors, and high-end pallet flow racking systems, plus approximately 60,000 sq. ft. of processing rooms with pre-cleaning lines, x-ray and box lines, a NAPASOL Pasteurizer, and a dry warehouse. South Processing includes five buildings of approximately 9,600 sq. ft. each: a cracking building with a specialty cracking line and eleven sorting lines, a dicing/shop building, a cold storage building of approximately 7,200 sq. ft. with a 2,400 sq. ft. staging area, a pasteurization building with a NAPASOL Pasteurizer and clean room packing area, and a warehouse building for dry storage. Additional buildings include a 540 sq. ft. fumigation building and a 2,392 sq. ft. farm office. The site also features a huller and dehydrator building of approximately 5,000 sq. ft., a battery station canopy, a solar panel system, eleven silos, approximately 575,000 sq. ft. of concrete and asphalt paving, wrought iron and chain link perimeter fence, automatic gates, well/pump septic systems, a drive-on truck scale, and fiber optic internet service.
Key Highlights
- High‑Capacity Nut Processing Facility: Boasting a total annual capacity of +/-55,000,000 in‑shell pounds.
- Extensive Processing and Storage Infrastructure: Includes a +/-150,000 sq. ft. north processing building.
- Advanced Pasteurization Capabilities: Features two NAPASOL Pasteurizers with dedicated pre‑heaters and cooling units.
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
$2,504,913
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
4.18%
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%
$50,098,260
$50.1M
Cap Rate 7%
$35,784,471
$35.8M
Cap Rate 9%
$27,832,367
$27.8M
Market Conditions
NOI Build-Up for 159,600 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
$3.12M $19.56/SF
− Vacancy
−$174.8K −$1.10/SF
EGI
$2.95M $18.46/SF
− OpEx
−$442.0K −$2.77/SF
NOI
$2.50M $15.69/SF
Area
Fresno County, CA
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
15.00%
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%
$50,098,260
Cap Rate 7%
$35,784,471
Cap Rate 9%
$27,832,367
Alternative Uses
Best Use
Warehouse
$35.78M
$31.31M – $41.75M
NOI $2,504,913 @ 7.0% cap · market cap 4.18%
Second Best
Industrial
$29.47M
$25.79M – $34.38M
NOI $2,062,870 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$45.23M
$39.58M – $52.77M
NOI $3,166,423 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
447
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Large-capacity nut processing and storage facility on approximately 80 acres.
Where is this manufacturing property located?
The property is located at 5414 E Floral Ave Selma, CA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: High‑Capacity Nut Processing Facility: Boasting a total annual capacity of +/-55,000,000 in‑shell pounds.; Extensive Processing and Storage Infrastructure: Includes a +/-150,000 sq. ft. north processing building.; Advanced Pasteurization Capabilities: Features two NAPASOL Pasteurizers with dedicated pre‑heaters and cooling units.
