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    1697 Lacey Blvd Hanford, CA 93230

    • Super regional malls
    • 1.03 lot acres
    For Sale
    View listing
    $2,399,900
    Value Estimation
    Last Sale
    Sep 23, 2020
    $1,750,000
    Location Intelligence
    Property ID
    US09-3089805
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sassy Carwash / Car Wash
    • Auto Island Car Wash & Detail Services / Car Wash / Car Detailing Service

    Property Details for 1697 Lacey Blvd

    Lot size
    1.03 lot acres
    Zone code
    RC
    Property type
    Super regional malls
    APN
    011-060-043-000
    APU
    11060043000

    Description

    Exceptional investment opportunity: a thriving, full-service car wash in Hanford, CA, is available for sale. This 3,120 square foot facility sits on a 1.03-acre lot at 1697 W Lacey Blvd, 93230, boasting high visibility and easy access from a major thoroughfare. The single-story, 1993-built building (APN: 011-060-043-000) is currently 100% occupied and features a single tunnel car wash approximately 65-70 feet long. The property is zoned RC and offers ample parking (20 spaces per 1,000 sq ft). Priced at $2,399,900 ($769.20/sq ft), this owner-user opportunity presents a strong return on investment. The business and real estate are included in the sale. While currently a full-service operation, the car wash can be converted to automated with an estimated upgrade investment starting at $200,000. This turnkey operation is ideal for an investor seeking a profitable venture or an owner-operator looking to expand their business. The property's prime location and well-maintained condition make it a truly attractive proposition. The business is currently owner-operated.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,485,000
      6.5%
      $1,495,000
      7%
      $1,480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,670,000
      Geo Method
      $1,835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,405,000
      Retail
      $1,455,000
      Mixed-Use
      $1,745,000
      Hospitality
      $1,735,000
      Educational
      $1,725,000
      Residential Income
      $1,750,000
      Energy
      $1,675,000
      Income-Based Land
      $1,775,000
      Food Service
      $1,760,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.672
    Latitude
    36.3273
    CBSA code
    25260
    CBSA name
    HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,103
    $1,428,385
    $428,727
    $1,857,112
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,718 SF

      150 12th Ave

      REGIONAL SHOPPING CENTER, MALL • 12,718 SF
      150 12th Ave, Hanford, CA 93230-6100
      View Details
    • Value Estimation by Request
      1.97 Acres

      1669 Lacey Blvd

      REGIONAL SHOPPING CENTER, MALL • 1.97 Acres
      1669 Lacey Blvd, Hanford, CA 93230-5926
      View Details
    • Value Estimation by Request
      12.64 Acres

      1802 Lacey Blvd

      REGIONAL SHOPPING CENTER, MALL • 12.64 Acres
      1802 Lacey Blvd, Hanford, CA 93230-7382
      View Details
    • Value Estimation
      $1,945,000
      6,114 SF

      119 12th Ave

      REGIONAL SHOPPING CENTER, MALL • 6,114 SF
      119 12th Ave, Hanford, CA 93230-5991
      View Details
    • Value Estimation
      $1,805,000
      1,995 SF

      1695 Lacey Blvd

      REGIONAL SHOPPING CENTER, MALL • 1,995 SF
      1695 Lacey Blvd, Hanford, CA 93230-5927
      View Details
    • Value Estimation
      $4,555,000
      17,968 SF

      1919 Lacey Blvd

      REGIONAL SHOPPING CENTER, MALL • 17,968 SF
      1919 Lacey Blvd, Hanford, CA 93230-7439
      View Details

    Similar Nearby for Sale

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      Fully Leased Retail Investment Opportunity

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    Similar Nearby for Lease

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      Retail space in Hanford Marketplace with excellent highway visibility.
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      Retail Space in High-Traffic Location

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    • $1.75 SF/Yr
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      Retail Space For Lease

      Retail space available in Hanford's primary retail intersection.
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      View Details
    • $1.75 SF/Yr

      Retail Space in Hanford Center

      Retail spaces available in shopping center anchored by major retailers.
      1802 W Lacey Blvd Hanford, Hanford, CA 93230
      View Details
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    1697 Lacey Blvd
    Hanford, CA 93230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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