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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Grocery and convenience stores
1201 Lacey Blvd Hanford, CA 93230-5902
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0149582
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
2,640 SF
Lot
0.6 ac (26,176 SF)
Zoning code
NC
APN
012-240-067-000
UPID
US09-0149582
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
-
Lacey Valero Gas Station
-
Krispy Krunchy Chicken Restaurant
-
King Gas Deli Mart Food Market Restaurant
-
Jack's Gas Gas Station
-
Denele Agricultural Agricultural Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Yakoob Nagib S Mohamed · 3 yrs held
Yakoob Nagib S Mohamed
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
NC · 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
$2,055,000
ML approach
$2,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.65M (Jan 27 2023)
Last sale anchor
$1.65M
Jan 27 2023
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
$701 / 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
$30,032
Tax year 2024
Assessed value
$1,226,453
Assessed 2024
Previous assessed
$1,226,453
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$404,353
Assessed improvement
$822,100
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
1
Total area
2,640 SF
Lot
0.6 ac (26,176 SF)
Zoning code
NC
APN
012-240-067-000
UPID
US09-0149582
Jurisdiction
KINGS
Zoning & alternative use
NC · Hanford, CA
Zoning NC · permitted uses
NC · 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
1986
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Yakoob Nagib S Mohamed
Individual
Mailing address
40312 RD 128, CUTLER, CA 93615-2106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2023
—
Yakoob Nagib S Mohamed
—
Deed
related
—
Jan 27, 2023
$275,000
Yakoob Nagib S Mohamed
Nagib S Mohamed Musa
Quit Claim Deed
related
—
Apr 8, 2022
—
Yakoob Nagib Mohamed
—
Deed
related
$130,000 · Sullivan Petroleum Company LLC
Mar 9, 2022
$1,650,000
Nagib S Mohamed Musa
Rathna Chi
Grant Deed
$1,833,000 · Fresno First Bank
Mar 9, 2022
—
Yakoob Mohamed
A Al Hamidi Worud
Intrafamily Transfer
related
—
Oct 21, 2003
$1,250,000
Rathna Chi
Nordstrom,roger L & Frances A
Grant Deed
$1,190,700 · Nara Bank
Nov 25, 1991
—
Roger L Nordstrom
Nordstrom,roger
Quit Claim Deed
related
$60,000 · Individual
—
—
Roger L Nordstrom
—
Deed Of Trust
related
$150,000 · Stockmen's Bank
—
—
Roger L Nordstrom
—
Deed Of Trust
related
$393,000 · California Stockmen's Bank
—
—
Rathna Chi
—
Deed Of Trust
related
$75,000 · Stuarts Petroleum
—
—
Roger L Nordstrom
—
Deed Of Trust
related
$250,000 · United Valley Bank
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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