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    Lacey Blvd Hanford, CA 93230

    Sponsored
    For Sale
    $1,500,000

    8.11 Acres, Medium Density Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.11-acre parcel, located on W Lacey Blvd in Hanford, CA 93230, presents a significant development opportunity. Zoned RRE (Rural Residential Estate) and designated for medium density residential use within the Hanford General Plan, this flat, vacant land offers considerable versatility for various residential projects. The property boasts convenient access via a county road and is strategically positioned bordering Hanford's city limits. With its attractive location and promising zoning, this Kings County property (APN 009-050-030) is priced at $1,500,000 and represents a compelling investment for developers seeking to contribute to Hanford's growth. The site features no existing improvements or water sources. Its prime location offers proximity to existing amenities, making it an ideal canvas for creating a thriving residential community. The property's flat topography simplifies development, minimizing potential site preparation challenges. This is a rare opportunity to acquire a substantial land parcel in a desirable location with clear potential for significant returns. Serious inquiries are encouraged.

    Property Features for 0 Lacey Blvd

    General Information

    Property type
    Land
    Lot Size
    353,272 SF

    HighLights

    • 8.11‑acre vacant land parcel in Hanford, CA.
    • Located at 100 Lacey Blvd, Kings County.
    • Assessor's Parcel Number 009‑050‑030.
    • County road access.
    • Zoned RRE (Rural Residential Estate) with Medium Density Residential designation in the Hanford General Plan.
    • Flat topography; no water or improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.68535819635
    Latitude
    36.328047500369

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    FAQs

    What type of property is this?
    Land - 8.11 Acres, Medium Density Potential
    Where is this land located?
    The property is located at Lacey Blvd Hanford, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 8.11-acre vacant land parcel in Hanford, CA.; Located at 100 Lacey Blvd, Kings County.; Assessor's Parcel Number 009-050-030.
    (831) 207-7646
    Request Owner's contact information
    Lacey Blvd 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
    Lacey Blvd Hanford, CA 93230
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