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Property profile & analytics
OFF-MARKET
Commercial real estate

5257 Nebraska Ave Selma, CA 93662

38.2 ac lot
Individually Owned 1-yr Hold
Property ID
US10-3150899
Property summary
AI-generated overview

Exceptional investment opportunity: a 38.2-acre commercial property located at 5257 E Nebraska Ave, Selma, CA 93662 (APN: 385-064-21; 385-064-22) is now available for $1,222,400. This high-yield Thompson grape vineyard boasts a proven track record, producing over 2.5 tons of raisins per acre, according to the seller. The property features a well installed 17 years ago (10 HP), efficient drip and flood irrigation systems, and access to CID water. Its strategic location between Clovis Ave and Fowler Ave, south of Nebraska Ave, offers convenient access to Selma and Fowler. A tenant-occupied house on the property generates a monthly rental income of $1,000. The sale includes two parcels. Please note: The Sustainable Groundwater Management Act (SGMA) mandates groundwater basin sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020, which may impact groundwater pumping. Further details are available on the SGMA website. This is a rare chance to acquire a profitable, established agricultural business with significant potential. Don't miss this opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 38.2 ac (1,663,992 SF)
APN 385-064-21; 385-064-22
UPID US10-3150899
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Anthony J Prieto · 1 yrs held
Anthony J Prieto
since 2024
2 recorded transactions
2024
$1.1M
2017
$940,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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