Property summary
This ±0.93-acre parcel of vacant commercial land presents a unique development opportunity in Hanford, CA. Located at 1126 W 7th St, this strategically positioned property boasts an MX-C zoning designation, allowing for a variety of commercial and residential uses, including multifamily, office, and retail developments. The site is exceptionally well-situated near the Hanford Mall and benefits from high visibility and convenient access to CA-198, providing easy connections to Visalia, Lemoore, Fresno, and Tulare. Daily traffic counts on nearby major thoroughfares, including CA-198 and 11th Avenue, exceed 78,898 vehicles, ensuring significant exposure for any development. The property is shovel-ready, with all wet and dry utilities already in place. Its rectangular shape and proximity to existing residential areas make it ideal for multifamily projects. The site's location conforms to all relevant policies, avoids traffic congestion, and offers adequate road capacity. Existing traffic ramps further enhance accessibility. This is a rare opportunity to acquire a prime development site in a thriving area with exceptional infrastructure and high traffic volume. The APN is 012-240-004 & 012-240-030. The asking price is $300,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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