Twelfth & Fargo Cor Hanford, CA 93230
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.