1142 Rose Ave, Selma, CA 93662 For Sale

It is our opinion that the market value of the subject property located at 1142 Rose Avenue in Selma, California is $1,800,000, with an estimated lease rate of $1.40 per square foot NNN. The property offers functional medical improvements suitable for healthcare users seeking practical and cost-effective space. While several comparable sales reflect higher price per square foot metrics, those properties achieved premium pricing due to stronger overall market fundamentals and greater investor demand, which are not fully indicative of Selma’s market dynamics. The sale of 1122 Rose Avenue provides the most relevant benchmark given its proximity and similar medical positioning; however, based on current lease trends and the subject’s condition and functionality, we believe a modestly higher price per square foot is supportable. The projected lease rate further supports the concluded value.