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    10715 12Th Ave Hanford, CA 93230

    Sponsored
    For Sale
    $3,000,000

    ±15 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional ±14.93-acre commercial parcel presents a remarkable investment opportunity in Hanford, California. Strategically located off Highway 198 at the 12th Avenue interchange, this property boasts unparalleled visibility and accessibility, with approximately 1,114,003 cars passing daily. Zoned for regional commercial use, the land offers flexibility for a wide range of developments, including big-box retail, shopping centers, hotels, restaurants, or office parks. Situated south of Hanford Mall, this shovel-ready site benefits from existing infrastructure, including all utilities, curb, gutter, approaches, and cross-access. The property's location at a busy, signalized intersection within a primary retail corridor, near major arterials and significant housing developments, ensures high consumer traffic and exposure. Its proximity to CA-198 and Lacey Boulevard provides convenient access to key areas, including the airport, downtown, schools, and a nearby college. The asking price is $3,000,000. The APN is 011-060-010 & -011. This is a truly exceptional opportunity to capitalize on the high-growth potential of this prime retail location. The property's size allows for potential subdivision to meet specific development needs.

    Property Features for 10715 12Th Ave

    General Information

    Property type
    Land
    Lot Size
    650,351 SF

    HighLights

    • Highway 198 frontage with excellent 12th Avenue access and visibility.
    • 14.93‑acre parcel south of the mall; seller financing available.
    • High‑income area with underserved retail demand.
    • Complete infrastructure including curb, gutter, and utilities.
    • Shovel‑ready prime retail lot in a high‑visibility location.
    • Busy signalized intersection on a major retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.670178
    Latitude
    36.317903

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    FAQs

    What type of property is this?
    Land - ±15 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 10715 12Th Ave Hanford, CA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Highway 198 frontage with excellent 12th Avenue access and visibility.; 14.93-acre parcel south of the mall; seller financing available.; High-income area with underserved retail demand.
    (559) 705-1000
    Request Owner's contact information
    10715 12Th Ave 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
    10715 12Th Ave Hanford, CA 93230
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