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Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Turn key restaurants

2854 Floral Ave Selma, CA 93662-2605

1,953 SF 0.44 ac lot Built 1983
Individually Owned 1-yr Hold Free & Clear
Property ID
US09-2533626
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1983
Construction WOOD
Total area 1,953 SF
Lot 0.44 ac (19,166 SF)
Zoning code C6
APN 358-200-42S
UPID US09-2533626
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
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
$763k
Blend (final) Blend
$1.02M
Owner & transaction history
Ralph Kazarian JR · 1 yrs held
Ralph Kazarian JR
since 2024
Last sale
$1.0M
4 recorded transactions
2024
Price N/A
2020
$1.0M
2013
Price N/A
2012
Price N/A
Zoning & alternative use
C6 · Selma, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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