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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Turn key restaurants
108 7th St Hanford, CA 93230-4612
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0148519
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
TYPE NOT SPECIFIED
Total area
7,000 SF
Lot
0.08 ac (3,500 SF)
Zoning code
DC
APN
012-041-008-000
UPID
US09-0148519
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
-
Maison Law Law Firm
-
Golden State Crop & Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$740k
Owner & transaction history
Bakker Family Trust · 6 yrs held
Bakker Family Trust
since 2020
Last sale
$726,500
6 recorded transactions
Zoning & alternative use
DC · 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
Method
Estimation
Statistic approach
$715,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $727k (Jul 14 2020)
Last sale anchor
$727k
Jul 14 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
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
$9,127
Tax year 2024
Assessed value
$843,162
Assessed 2024
Previous assessed
$843,162
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$92,265
Assessed improvement
$750,897
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
7,000 SF
Lot
0.08 ac (3,500 SF)
Zoning code
DC
APN
012-041-008-000
UPID
US09-0148519
Jurisdiction
KINGS
Zoning & alternative use
DC · Hanford, CA
Zoning DC · permitted uses
DC · 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
1956
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Bakker Family Trust
Trust
Mailing address
29757 RD 60, VISALIA, CA 93291-9590
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2020
—
Bakker Family Trust
Kevin Bakker
Quit Claim Deed
related
—
Jul 31, 2015
$726,500
Kevin Bakker
Wayne Shortes
Grant Deed
$476,000 · Citizens Business Bank
Dec 18, 2012
—
Wayne Shortes
Wayne Shortes
Intrafamily Transfer
related
$249,000 · Valley Business Bank
Apr 20, 2004
$343,000
Wayne Shortes
Weiland,david J
Grant Deed
$190,000 · Bank Of Visalia
Sep 21, 1984
$137,000
—
—
Grant Deed
related
—
—
—
Wayne Shortes
—
Deed Of Trust
related
$159,000 · Cen Cal Business Finance Group
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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