1000 Rose Ave Selma, CA 93662
This exceptional ±12-acre parcel presents a unique investment opportunity in Selma, California. Located at 1000 Rose Ave, this commercially and residentially zoned property (APN 389-030-78) offers unparalleled flexibility for a variety of development projects. The P-M-D zoning allows for mixed-use, residential, or commercial development, catering to a wide range of possibilities. The property boasts high visibility and convenient access to Highway 99, ensuring significant consumer traffic and exposure. The location benefits from recent infrastructure improvements by Caltrans and the City of Selma, creating a supportive environment for commercial development. Existing ramps provide efficient traffic flow near the site, and all wet and dry utilities are readily available. The property's proximity to the Selma Hospital and Adventist Health Clinics further enhances its appeal. This shovel-ready, square parcel is ideally suited for a range of uses, including retail, restaurants, hotels, fuel stations, and more. The asking price is $1,100,000. Consider various acquisition options including outright purchase, ground lease, lease with option, or seller financing. This prime location near the Highway 99 interchange offers exceptional visibility with an estimated 1,258,607 cars passing daily, making it an ideal location for businesses seeking high consumer traffic. The property's strategic location provides easy access to major cities including Fresno, Clovis, Madera, Fowler, Kerman, and more.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.