Description

We are offering 1000 Rose Ave in Selma, California, for sale at $1,295,000. The property is approximately 12 acres (about 522,720 square feet) of multifamily and residential development land. That works out to about $107,917 per acre. The site is zoned R4 - Multifamily Residential and carries Assessor's Parcel Number 389-030-78.

The square parcel measures about 889 by 645 feet and is free and clear. The City of Selma has started the Amberwood sewer improvement project, which adds two new lift stations, with a 15-inch line teeing in at Rose Avenue. Roads from neighboring developments reach the property, an adjacent 20.2-acre project for 41 single-family homes is in review, and the price is about $2.48 per square foot.

The land is on the south side of Rose Avenue between Country Club Lane and Amber Avenue, next to Selma Hospital and Adventist Health clinics and less than two miles from the Highway 99 ramps. Selma is about 16 miles southeast of Fresno, and there are about 36,493 households within ten miles. Selma is in Fresno County, part of the Fresno metropolitan area.

Jared Ennis and Kevin Land of Central CA Commercial represent this offering on behalf of ownership. We are glad to share the full offering memorandum, along with additional photos and property details, and to answer questions about the property and the surrounding area. Contact us to discuss the opportunity or to schedule a tour.