Property profile

2107 1st St Selma, CA 93662

OFF-MARKET
Retail space
Property ID
US09-2477204
5,985 SF 0.17 ac lot Built 1959
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Freestanding commercial/mixed-use building of approximately 5,985 square feet situated on approximately 0.17 acres (about 7,200 square feet) at the corner of High and First Streets. The property is configured into six separate, relatively compact spaces of about 997 square feet each, with unique addresses, individual entrances, and signage. Each unit includes its own private ADA restroom and open front customer or work areas, with the spaces designed for general retail, professional office, and mixed-use use. Units are separately metered and have access to high-speed internet, and the layout supports smaller-office configurations (reported range of roughly 610 to 950 square feet) with the option to combine spaces for larger suites. The exterior includes a fully lit paved parking area with 15 spaces. HVAC systems and the roof are reported to be in good condition, and the building has exterior lighting and corner signage with easy access to nearby CA-99 on/off ramps.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction TILT-UP CONCRETE
Total area 5,985 SF
Lot 0.17 ac (7,200 SF)
Zoning code C2
APN 389-163-05
UPID US09-2477204

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2107 1st St Selma, CA 93662-3506
Selma metro Census 7002 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
Last sale
$525,000
4 recorded transactions
2023
$525,000
2021
Price N/A
2015
Price N/A
1978
Price N/A

Zoning & alternative use

C2 · Selma, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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