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    FOR LEASE
    Flex space

    1775 Park St, Selma, CA 93662

    346,771 SF 32.8 ac lot Built 1990
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-2279497
    1775 Park St, Selma, CA 93662 For Lease
    $8,520,000
    1775 Park St, Selma, CA 93662
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 24,175-square-foot manufacturing facility, situated on a 2-acre lot at 1775 Park Street in Selma, CA, presents a unique investment opportunity. Built in 1974, the property boasts a flexible layout ideal for various industrial uses. The entire 24,175 square feet is currently vacant, offering immediate occupancy. The building features ceiling heights ranging from 22 to 25 feet, and includes one dock-high door for efficient loading and unloading. The property is zoned M-2 (Heavy Industrial, City of Selma), allowing for a wide range of industrial operations. Utilities are readily available, with power and gas provided by PG&E and sewer and water services provided by the Selma-Kingsburg-Fowler County Sanitation District. A significant advantage is the substantial yard space, potentially up to 12 acres, offering ample room for storage, outdoor operations, or even build-to-suit development. The property's prime location along Highway 99 provides excellent visibility and accessibility, making it ideal for businesses requiring high traffic exposure. The seller is highly motivated and prepared to act quickly to facilitate a smooth transaction. This is a rare opportunity to acquire a well-located, versatile industrial property with significant expansion potential.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1990
    Construction TYPE NOT SPECIFIED
    Total area 346,771 SF
    Lot 32.8 ac (1,428,768 SF)
    Zoning code M2
    APN 390-111-12
    UPID US09-2279497
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $9.95M
    Blend (final) Blend
    $8.52M
    Owner & transaction history
    Selma Business Park LLC · 6 yrs held
    Selma Business Park LLC
    since 2019
    1 recorded transaction
    2019
    $7.3M
    Zoning & alternative use
    M2 · Selma, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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