Property summary
This exceptional 302.04-acre commercial land parcel presents a remarkable investment opportunity in Hanford, California. Strategically located at the northeast corner of Twelfth Avenue and Fargo Avenue, this property boasts a prime position near key destinations, including the Hanford Mall, ensuring high visibility and accessibility. The expansive lot offers significant development potential, encompassing a versatile zoning designation that permits low, medium, and high-density residential construction, all with the inclusion of a commercial component. This flexibility allows for a wide range of development options, from large-scale residential projects to mixed-use developments incorporating retail, office, or other commercial spaces. The property's substantial size, coupled with its strategic location and flexible zoning, makes it an ideal candidate for a variety of projects. The asking price is $49,836,600, translating to $165,000 per acre, reflecting the land's exceptional value and potential for significant returns. The property's APN is 007-010-031 & 007-360-016. This is a rare opportunity to acquire a large, strategically located parcel in a growing California market. Don't miss this chance to secure a significant piece of Hanford's future.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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