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Property profile & analytics
FOR SALE
Commercial land

10715 12Th Ave Hanford, CA 93230

Property ID
US10-3077497
10715 12Th Ave, Hanford, CA 93230 For Sale
$3,000,000
10715 12Th Ave, Hanford, CA 93230
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Property summary
AI-generated overview

±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.

Property profile
Verified
Property type Commercial land
UPID US10-3077497
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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