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Property profile & analytics
OFF-MARKET
Estimated value
$8,060,000
Investment properties
13508 Hanford Armona Rd, Hanford, CA 93230-9169
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1059289
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
46,700 SF
Lot
4.72 ac (205,603 SF)
Zoning code
ML
APN
017-110-018-000
UPID
US09-1059289
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
-
Five Star Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.26M
CAP Approach
CAP
$7.28M
Comparable Approach
Comparable
$8.36M
Blend (final)
Blend
$8.06M
Owner & transaction history
Bradley Drian · 4 yrs held
Bradley Drian
since 2022
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
ML · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.0M
+45.4%
Office building
$8.6M
+39.1%
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
$8,355,000
ML approach
$8,255,000
CAP Approach
CAP Return
Estimation
6%
$7,880,000
6.5%
$7,275,000
7%
$6,755,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,185,000
Current use
RESTAURANT
$8,990,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$8,605,000
Change: +39% · Conversion: Easy
RETAIL STORES
$5,575,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$8.06M
Range $7.25M – $8.87M · ±10% · vs last sale $5.25M (Mar 24 2022)
Last sale anchor
$5.25M
Mar 24 2022
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
$173 / 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
$58,275
Tax year 2024
Assessed value
$5,286,946
Assessed 2024
Previous assessed
$5,286,946
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$626,484
Assessed improvement
$4,660,462
Applied tax rate
51.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
8
Total area
46,700 SF
Lot
4.72 ac (205,603 SF)
Zoning code
ML
APN
017-110-018-000
UPID
US09-1059289
Jurisdiction
KINGS
Zoning & alternative use
ML · Hanford, CA
Zoning ML · permitted uses
ML · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.2M
RESTAURANT
Est. value
$9.0M
OFFICE BUILDING
Est. value
$8.6M
RETAIL STORES
Est. value
$5.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
8
Lot
4.72 ac
Current owner
From public records · entity-resolved
Bradley Drian
Individual
Mailing address
PO BOX 330551, SAN FRANCISCO, CA 94133-0551
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Bradley M Drian
—
Deed
related
$3,675,000 · Five Star Bank
Mar 24, 2022
$5,250,000
Bradley Drian
5 Star Mini Storage LLC
Grant Deed
—
Nov 4, 2013
—
5 Star Mini Storage LLC
Baker,david & Lisa
Grant Deed
—
Nov 17, 2009
—
Baker D 2002 Trust
—
Deed Of Trust
related
$1,001,750 · American Agcredit Flca
Oct 30, 2009
$2,150,000
David Baker
Vacation Rental Properties LLC
Grant Deed
—
Aug 26, 2009
—
Vacation Rental Properties LLC
Corrigan,patrick T
Grant Deed
related
—
Dec 12, 2005
—
Patrick T Corrigan
Corrigan,jill A
Quit Claim Deed
related
—
Dec 12, 2005
$2,100,000
Patrick T Corrigan
Larson Rick & Jackie Trust
Grant Deed
$1,230,000 · First National Bank Central Ca
—
—
Patrick T Corrigan
—
Deed Of Trust
related
$400,000 · Monterey County 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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