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Property profile & analytics
OFF-MARKET
Land

Twelfth & Fargo Cor Hanford, CA 93230

302.04 ac lot
Property ID
Property summary
AI-generated overview

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
Verified
Property type Land
Lot 302.04 ac (13,156,862 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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