Property profile

12000 10Th Ave Hanford, CA 93230

OFF-MARKET
Land
47 ac lot
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Property summary

AI-generated overview

This exceptional 47-acre agricultural property, located at 12000 S 10th Ave, Hanford, CA 93230 (APN 018-232-050), presents a unique investment opportunity. Situated in Kings County, within the city's sphere of influence and surrounded by light and heavy industrial zones, this land offers significant potential. Currently zoned AL10 and used for wheat and corn farming, the property boasts a deep well providing ample irrigation. The fertile land is flood irrigated, ensuring consistent yields. Its strategic location just outside Hanford city limits provides convenient access to urban amenities while maintaining a rural setting. Prospective buyers are encouraged to explore potential rezoning options with Kings County to unlock further development possibilities. The asking price for this remarkable property is $1,008,888. This prime agricultural land represents a compelling investment in a rapidly growing area. Don't miss this chance to acquire a substantial parcel with significant upside potential.

Property profile

Verified
Property type Land
Lot 47 ac (2,047,320 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12000 10Th Ave Hanford, CA 93230
Hanford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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