Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1922 Front St Selma, CA 93662
    Back to Search
    Property profile & analytics

    1922 Front St, Selma, CA 93662

    View on Map
    • Retail properties & Spaces
    • 2,100 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1922 Front St

    Year built
    1925
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional 2,100-square-foot storefront at 1922 E Front St, Selma, CA 93662, presents a remarkable investment opportunity in the heart of downtown Selma's revitalization. The property, a single-story building constructed in 1925 and extensively renovated in 2024, offers approximately 1,650 square feet of main floor space and an additional 450 square feet upstairs, ideal for storage or office use. Recent upgrades include energy-efficient LED lighting, fresh paint throughout, durable LVP flooring, and a brand-new roof currently under installation (60 mil PVC over a new dens deck). The vacant storefront boasts excellent street visibility, ensuring high traffic and customer engagement. Located directly across from the old Police Station, ample street parking is readily available. This Net lease property is offered at $325,000, translating to a land value of $154.76 per square foot. The property's APN is 389.181.33. The building is ready for immediate occupancy, with utilities accessible (instructions provided). This is a rare chance to acquire prime commercial real estate in a thriving downtown area experiencing significant economic growth, surrounded by established businesses like Maiden Voyage Coffee Shop and Antonio's restaurant, with more new businesses on the horizon. Don't miss this chance to be part of Selma's exciting future.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Fresno
    State
    California
    Longitude
    -119.612
    Latitude
    36.5675

    Comparable in this City

    • Value Estimation by Request

      2737 Whitson St

      Individual retail properties
      2737 Whitson St, Selma, CA 93662
      View Details
    • Value Estimation by Request
      1,518 SF

      2023 Frnt St

      RETAIL STORES (PERSONAL SERVICES)
      2023 Frnt St, Selma, CA 93662-3403
      View Details
    • Value Estimation by Request
      2,640 SF

      1951 Frnt St

      RETAIL STORES (PERSONAL SERVICES)
      1951 Frnt St, Selma, CA 93662-3402
      View Details
    • Value Estimation by Request
      1,660 SF

      2018 2nd St

      RETAIL STORES (PERSONAL SERVICES)
      2018 2nd St, Selma, CA 93662-3722
      View Details
    • Value Estimation
      $5,115,000
      54,806 SF

      3350 Floral Ave

      RETAIL STORES (PERSONAL SERVICES)
      3350 Floral Ave, Selma, CA 93662-9040
      View Details
    • Value Estimation
      $1,145,000
      7,000 SF

      3822 Mccall Ave

      RETAIL STORES (PERSONAL SERVICES)
      3822 Mccall Ave, Selma, CA 93662-2247
      View Details

    Similar Nearby for Sale

    • $700,000
      2,639 SF

      Selma Commercial Property for Sale

      Commercial property in Selma, CA, available for purchase.
      2030 E Front St, Selma, CA 93662
      View Details
    • Contact for pricing
      17,780 SF

      High-Visibility Corner Retail Opportunity

      Retail property with high visibility and strong corridor presence.
      2640 Floral Ave, Selma, CA 93662
      View Details
    • Contact for pricing

      Selma Land Investment Opportunity

      Raw land parcel in high-growth Selma, California.
      8938 Rose Ave, Selma, CA 93662
      View Details
    • Contact for pricing

      Dual-Home Estate with Shops

      Rare estate featuring two homes, shops, pool, and acreage.
      16240 S Fowler Ave, Selma, CA 93662
      View Details
    • Contact for pricing

      Commercial Land in Selma, CA

      Commercial land with highway frontage in Selma, California.
      12737 S Van Horn Ave, Selma, CA 93662
      View Details
    • Contact for pricing

      Selma Commercial Land For Sale

      Commercial land with highway frontage in Selma, California.
      Hwy 99, Selma, CA 93662
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,830 SF

      New Retail/Office Space Available

      Ground floor retail and professional/medical office space for lease.
      1855 Sylvia St, Selma, CA 93662
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space with High Visibility

      Retail space for rent with ample parking and easy access.
      2920 Mccall Ave, Selma, CA 93662
      View Details
    • Contact for pricing
      3,400 SF

      Proposed Retail Development Opportunity

      Proposed fueling station, car wash, and retail space for lease.
      9912 Mccall Ave, Selma, CA 93662
      View Details
    • Contact for pricing

      Selma Plaza Retail/Office Spaces

      Commercial retail, restaurant, and office spaces for lease.
      2837 Whitson St, Selma, CA 93662
      View Details
    • Contact for pricing
      3,000 SF

      Restaurant Space in Retail Center

      Restaurant space with patio in Northeast Selma shopping center.
      3726-3800 Mccall Ave, Selma, CA 93662
      View Details
    • Contact for pricing
      950 SF

      Former Medical Office Space Available

      Medical office space featuring reception, multiple rooms with sinks.
      1201-1239 Rose Ave, Selma, CA 93662
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1922 Front St
    Selma, CA 93662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1922 Front St, Selma, CA, 93662
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!