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    505 E 7Th St Hanford, CA 93230

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    For Sale
    $525,000

    Leased retail space in Hanford's primary retail area.

    Property size:
    2,400 SF
    Lot size:
    0.17 Acres

    Property Features for 505 E 7Th St

    General Information

    Size
    2,400 SF
    Lot size
    0.17 Acres

    Source: KW Commercial | Central California Agent Jared Ennis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Prime Location

    This property offers approximately 2,400 square feet of retail space on approximately 0.1722 acres in Hanford, California. The property is located in Hanford’s primary retail area, with convenient access to a major highway. It features many front parking spaces and existing signage. The property is currently 100% leased. Asia Garden, a Chinese restaurant, has been a tenant at this location since 1996.
    Insight Report Location Intelligence

    Current Use by Public Records

    Asia Garden Chinese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.6389973
    Latitude
    36.3274674

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    FAQs

    What type of property is this?
    Conventional restaurant - Leased retail space in Hanford's primary retail area.
    Where is this conventional restaurant located?
    The property is located at 505 E 7Th St Hanford, CA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 100% Leased Investment Opportunity in Prime Hanford Location; - Long-Term Tenant: Asia Garden (26 Years); - High Visibility and Easy Access to CA-198
    (559) 705-1000
    Request Owner's contact information
    505 E 7Th St Hanford, CA 93230
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    Hanford, CA 93230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 E 7Th St Hanford, CA 93230
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