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    Property profile & analytics

    109 8th St Hanford, CA 93230-4529

    • Banks
    • 2,320 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US09-2043633
    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

    • Ladies Room Beauty Parlor / Beauty Salon / Hair Extension Technician
    • Golden 1 Credit Union - Hanford / Bank / Credit Union
    • Golden Plumbing / Plumber
    • Carnegie Museum of Kings County / Tourist Attraction / Museum

    Property Details for 109 8th St

    Year built
    1925
    Construction
    TILT-UP CONCRETE
    Lot size
    0.06 lot acres
    Property size
    2,320 SF
    Zone code
    DC
    Property type
    Banks
    APN
    012-053-003-000
    APU
    12053003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $520,000
      6.5%
      $485,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $425,000
      Mixed-Use
      $555,000
      Hospitality
      $560,000
      Educational
      $585,000
      Residential Income
      $540,000
      Energy
      $530,000
      Income-Based Land
      $560,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.646
    Latitude
    36.3274
    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
    $4,575
    $34,356
    $388,310
    $422,666
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $540,000
      4,779 SF

      230 7th St

      FINANCIAL BUILDING • 4,779 SF
      230 7th St, Hanford, CA 93230-4524
      View Details
    • Value Estimation
      $435,000
      2,635 SF

      300 7th St

      FINANCIAL BUILDING • 2,635 SF
      300 7th St, Hanford, CA 93230-4526
      View Details
    • Value Estimation
      $390,000
      3,862 SF

      240 Irwin St

      FINANCIAL BUILDING • 3,862 SF
      240 Irwin St, Hanford, CA 93230-4540
      View Details
    • Value Estimation by Request
      0.25 Acres

      200 7th St

      FINANCIAL BUILDING • 0.25 Acres
      200 7th St, Hanford, CA 93230-4524
      View Details
    • Value Estimation by Request
      4,746 SF

      333 Redington St

      FINANCIAL BUILDING • 4,746 SF
      333 Redington St, Hanford, CA 93230-4551
      View Details
    • Value Estimation by Request
      6,855 SF

      890 Lacey Blvd

      FINANCIAL BUILDING • 6,855 SF
      890 Lacey Blvd, Hanford, CA 93230-4309
      View Details

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    Similar Nearby for Lease

    • $1.75 SF/Yr

      Retail Space in Hanford Center

      Retail spaces available in shopping center anchored by major retailers.
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    • Contact for pricing
      680 SF

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      Retail space available for rent, 680 square feet.
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      View Details
    • Contact for pricing
      2,300 SF

      Retail Space Available For Rent

      Retail space available for rent in Hanford, California.
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      View Details
    • $1.75 SF/Yr
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      Retail spaces available in Hanford's primary retail intersection.
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      Retail Space in Hanford Strip

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    • $1.75 SF/Yr
      2,100 SF

      Retail Space For Lease

      Retail space available in Hanford's primary retail intersection.
      1720 W Lacey Blvd, Hanford, CA 93230
      View Details
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    109 8th St
    Hanford, CA 93230-4529
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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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