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Property profile & analytics
OFF-MARKET
Agricultural properties
1051 3rd St, Hanford, CA 93230-5268
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-0808975
Property profile
Verified
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Year built
1979
Construction
TYPE NOT SPECIFIED
Total area
8,680 SF
Lot
2.87 ac (124,914 SF)
Zoning code
L1
APN
016-032-021-000
UPID
US09-0808975
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
Current use
Occupant on record · Public records
-
Linde Welding Gas & Equipment Center Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Christopher And Jordan Schulte Fmtr
Christopher And Jordan Schulte Fmtr
since 2026
7 recorded transactions
Zoning & alternative use
L1 · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,315
Tax year 2024
Assessed value
$675,763
Assessed 2024
Previous assessed
$675,763
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$91,660
Assessed improvement
$584,103
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Status
Off-Market
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
NONE
Total area
8,680 SF
Lot
2.87 ac (124,914 SF)
Zoning code
L1
APN
016-032-021-000
UPID
US09-0808975
Jurisdiction
KINGS
Zoning & alternative use
L1 · Hanford, CA
Zoning L1 · permitted uses
L1 · Hanford, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
NONE
Lot
2.87 ac
Current owner
From public records · entity-resolved
Christopher And Jordan Schulte Fmtr
Individual
Free & Clear · 0 yrs held
Mailing address
6868 E ANDREWS AVE, FRESNO, CA 93727-9108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
—
Christopher And Jordan Schulte Fmtr
Christopher Scott Schulte
Deed
related
—
May 30, 2018
—
Christopher S Schulte
Schulte Lee R Trust
Quit Claim Deed
related
—
Nov 6, 2012
—
Schulte Lee R Trust
Schulte,lee R
Quit Claim Deed
related
—
Mar 22, 2000
$300,000
Lee R Schulte
Emitte Family Partnership LP
Grant Deed
—
Sep 22, 1998
—
Emitte Family Ptshp LP
Emitte,henry J & Carletta M
Quit Claim Deed
related
—
Apr 16, 1993
$268,000
Henry J Emitte
Morrison,stephen
Grant Deed
$245,000 · Mineral King National Bank
May 30, 1989
—
Stephen M Morrison
Morrison,kathlee
Quit Claim Deed
related
$124,600
—
—
Lee R Schulte
—
Deed Of Trust
related
$300,000 · County Bank
—
—
Emitte Family Partnership LP
—
Deed Of Trust
related
$184,600 · Us Small Business Admn
—
—
Henry J Emittle
—
Deed Of Trust
related
$400,000 · Kaweah National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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