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    12 C Hanford-Armona Rd & Ave Hanford, CA 93230

    Sponsored
    For Sale
    $4,882,531

    Prime Kings County commercial land, freeway exposure.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 930,006 square foot commercial land parcel presents a unique investment opportunity in Hanford, California. Located in Kings County, the property boasts a highly desirable C-R (Commercial Regional-City of Hanford) zoning designation, offering significant development potential. Its strategic location just off Highway 198 provides unparalleled visibility and accessibility, with approximately 1,281 feet of frontage directly exposed to the freeway. This substantial land area is ideal for a wide range of commercial ventures, capitalizing on the high traffic volume and convenient access to major transportation routes. The property's APN is 011-010-013, and the address is listed as N W C Hanford-Armona Rd & Ave 12, Hanford, CA 93230. The asking price for this expansive commercial land is $4,882,531. This presents a compelling opportunity for investors seeking a high-impact commercial development project in a thriving California market. The property's size and location make it an attractive prospect for businesses seeking high visibility and easy access for customers and employees. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.

    Property Features for 12 C Hanford-Armona Rd & Ave

    General Information

    Property type
    Land

    HighLights

    • $4,882,531 asking price.
    • 930,006 square foot land parcel.
    • C‑R (Commercial Regional‑City of Hanford) zoning.
    • Located off Highway 198 with approximately 1,281 feet of freeway frontage.
    • APN: 011‑010‑013.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.6474528
    Latitude
    36.3134275

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    FAQs

    What type of property is this?
    Land - Prime Kings County commercial land, freeway exposure.
    Where is this land located?
    The property is located at 12 C Hanford-Armona Rd & Ave Hanford, CA.
    What is the asking price?
    The asking price for this property is $4,882,531.
    What are key features of this property?
    This property features: $4,882,531 asking price.; 930,006 square foot land parcel.; C-R (Commercial Regional-City of Hanford) zoning.
    (559) 490-2500
    Request Owner's contact information
    12 C Hanford-Armona Rd & 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
    12 C Hanford-Armona Rd & Ave Hanford, CA 93230
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