11741 S 11Th Ave Hanford, CA 93230
- Commercial real estate
- 4.78 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11741 S 11Th Ave
- Lot size
- 4.78 lot acres
- Property type
- Commercial real estate
- APN
- 011420031000
Description
This exceptional 4.78-acre commercial land parcel, located at 11741 S 11th Ave in Hanford, California (zip code 93230), presents a remarkable development opportunity. Currently zoned RM within Kings County, this property is ideally situated on the lively intersection of 11th Avenue and Bonneyview Lane in South Hanford. Detailed site plans for a 69-unit multi-family development are available, currently pending city approval. The proposed project encompasses eleven 4-bedroom, 2-bathroom apartment buildings, one single-family residence, and two accessory structures with carports, complemented by open parking areas. The property's APN is 011420031000. While the land value is currently listed at $0/SF, the asking price for this exceptional development opportunity is $499,900. This represents a unique chance to acquire a substantial parcel in a desirable location with significant potential for future growth and return on investment. The available site plans provide a comprehensive blueprint for a substantial multi-family development, offering a clear path towards realizing the property's full potential. This is an exceptional opportunity for developers seeking a prime location and a well-defined project plan.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.65477668983
- Latitude
- 36.302133767362
