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Whitson & Highland Ave

4.59 Acres of Commercial Land Offered at $5,800,000 in Selma, CA 93662

Investment Highlights

  • Located near a major highway, the property enjoys a steady flow of traffic, offering excellent exposure and customer access for any business.

Executive Summary

Investment Highlights:
Strategic Location: Nestled just off the Golden State 99, this property enjoys high visibility and is easily accessible, making it a magnet for both local and passing traffic. Its position is strategic for businesses looking to capitalize on the high volume of daily commuters and travelers.
Robust Development Potential: With 4.59 acres of flat, clear land, the site is ready for immediate development. It's an excellent candidate for a multi-purpose commercial complex, including retail stores, restaurants, and entertainment facilities, or even a mixed-use space with residential units above retail.
Rapidly Growing Community: Selma is experiencing significant growth, with an increasing population and expanding commercial activity. Investing in this property positions you to benefit from the region's economic expansion and the accompanying rise in demand for goods, services, and real estate.
Flexible Zoning Options: The property's zoning allows for various commercial uses, providing flexibility to adjust plans as market demands evolve. Whether the focus is on retail, hospitality, or mixed-use, the zoning supports extensive development options.
High Return on Investment: The growing demand for commercial and residential space in Selma predicts a high return on investment. The strategic location and potential for a high-traffic commercial hub increase the prospects for lucrative leasing rates and property value appreciation.
Community Support: Local economic development programs may offer incentives for new businesses, highlighting community support for development projects. This can include tax incentives, streamlined permitting processes, and other benefits that enhance profitability.
Sustainable Development Opportunities: There is potential to incorporate sustainable and green building practices in the development, appealing to a modern clientele and reducing operating costs. Features like energy-efficient building materials and solar panels can attract environmentally conscious tenants and customers.
Proximity to Major Markets: Being close to major cities like Fresno and conveniently located along a major California highway, the property serves as a gateway to broader markets, enhancing its appeal to national retailers and regional chains.
Ready Infrastructure: Essential utilities are available, with room for scaling up services to meet commercial needs. This includes water, sewage, power, and high-speed internet, which are crucial for modern commercial operations.
Long-Term Growth: Selma’s long-term urban and economic development plans align with increased property valuation over time, making this an ideal investment for those looking for both immediate returns and long-term capital appreciation.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $5,800,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Service Station
Total Lot Size 4.59 AC

1 Lot Available

Lot 1

Price $5,800,000
Price Per AC $1,263,617
Lot Size 4.59 AC

Explore the potential of 3103 Whitson St., Selma, CA—a sprawling 4.59-acre property ideal for a vibrant shopping plaza or expansive retail center, perfectly located just off the Golden State 99, attracting high traffic.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
358-200-02
Land Assessment
$2,040,000
Improvements Assessment
$765,000
Total Assessment
$2,805,000

zoning

Zoning Code C-3 (General commercial)
C-3 (General commercial)
  • Listing ID: 32842911

  • Date on Market: 8/17/2024

  • Last Updated:

  • Address: Whitson & Highland Ave, Selma, CA 93662

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