2854 Floral Ave Selma, CA 93662
- Turn key restaurants
- 1,953 SF
- 0.44 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2854 Floral Ave
- Year built
- 1983
- Construction
- WOOD
- Lot size
- 0.44 lot acres
- Property size
- 1,953 SF
- Zone code
- C6
- Property type
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,020,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,010,000
- 6.5%
- $995,000
- 7%
- $970,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,065,000
- Geo Method
- $1,110,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,235,000
- Retail
- $1,010,000
- Mixed-Use
- $1,135,000
- Hospitality
- $1,155,000
- Educational
- $970,000
- Residential Income
- $1,105,000
- Energy
- $1,000,000
- Income-Based Land
- $1,085,000
- Food Service
- $1,055,000
Location Insight
- Map
- Local Demand
- City
- Selma
- County
- Fresno
- State
- California
- Longitude
- -119.628
- Latitude
- 36.5771
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
