10715 12Th Ave Hanford, CA 93230
For Sale
±14.93 Acres of Highway Commercial Retail Development land located off Exit 12th Ave just off of State Route CA 198. Highly visible location with easy nearby Highway Exit and Entrance with long frontage along HWY-198 and 12th Ave. The parcel is located directly south of the Hanford Mall & the "main & main" of Hanford. Currently offering ±14.93 Acres (±650,351 SF), zoned commercial retail, with potential to subdivide into the desire size needed. 12th Avenue is an overpass over Highway 198, a full interchange, and main entrance point into Hanford. Excellent big-box site, shopping center, lodging, gas station, restaurant, auto mall, office park, freeway-oriented hotel. Excellent existing access from 12th Ave, Hanford Armona Rd and Lacey Blvd, roads have adequate capacity, is within the holding capacity, conforms to policies, avoids traffic congestion, and is shovel ready. Strategically positioned at the full interchange with both north and south bound loop on and off-ramps, which carry approximately ±114,003 cars per day. Existing ramps dispense traffic near the subject property. Flexible commercial zoning uses include convenience store, car wash, hotel, conference center, quick serve & sit-down restaurants, food market, retail strip center, professional office, etc. All wet & dry utilities at site.
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
Similar Nearby for Sale
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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.