2000 Lacey Blvd Hanford, CA 93230

Property Details for 2000 Lacey Blvd

Property type

Office Properties & Spaces

Property subtype

Land

Description

This exceptional 10.2-acre parcel presents a rare opportunity for commercial development in Hanford, California. Located on Lacey Boulevard, a major commercial thoroughfare, this fee-simple property (APN 011-020-057) is zoned for commercial office use and offers unparalleled location advantages. The site is ideally situated adjacent to a Lowe's-anchored retail center and directly north of a planned 316-unit apartment complex, ensuring high visibility and strong surrounding demographics. Centennial Avenue, bordering the east side, provides direct access to Adventist Medical Center, Kings County Government Center, and the Superior Court, further enhancing its strategic position. The property is remarkably flat and level, with utilities already stubbed to the site. Given the significant demand and extremely low vacancy rates in the Hanford office sector, coupled with a complete absence of new office projects in the pipeline, this represents the last large undeveloped office land tract in the submarket. Portions of the site are suitable for retail pads, addressing a critical supply shortage in the area. This is a truly unique investment opportunity, priced at $3,332,340, offering substantial potential for future growth and return. The 444,312 square foot lot provides ample space for a variety of development scenarios. The property's proximity to key community institutions and its location on a major thoroughfare make it an exceptional investment.