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    Property profile & analytics

    1693 Lacey Blvd Hanford, CA 93230-5927

    • Turn key restaurants
    • 4,000 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $2,140,000
    Last Sale
    Jun 08, 2020
    $2,090,000
    Location Intelligence
    Property ID
    US09-2587334
    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

    • Pieology Pizzeria Hanford Mall / Vegan Restaurant / Vegetarian Restaurant
    • Five Guys / Fast Food Restaurant / American Restaurant
    • Metro Pcs / Cell Phone Store

    Property Details for 1693 Lacey Blvd

    Year built
    1994
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.69 lot acres
    Property size
    4,000 SF
    Zone code
    RC
    Property type
    Turn key restaurants
    APN
    011-060-036-000
    APU
    11060036000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,200,000
      6.5%
      $2,145,000
      7%
      $1,970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,035,000
      Geo Method
      $2,475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,685,000
      Retail
      $2,255,000
      Mixed-Use
      $2,270,000
      Hospitality
      $2,345,000
      Educational
      $1,795,000
      Residential Income
      $2,180,000
      Energy
      $1,695,000
      Income-Based Land
      $2,320,000
      Food Service
      $2,085,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.673
    Latitude
    36.3248
    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
    $24,258
    $833,101
    $1,407,800
    $2,240,901
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,819 SF

      335 Lacey Blvd

      RESTAURANT • 3,819 SF
      335 Lacey Blvd, Hanford, CA 93230-4435
      View Details
    • Value Estimation by Request
      2,718 SF

      1796 Lacey Blvd

      RESTAURANT • 2,718 SF
      1796 Lacey Blvd, Hanford, CA 93230-7303
      View Details
    • Value Estimation
      $685,000
      3,536 SF

      375 Campus Dr

      RESTAURANT • 3,536 SF
      375 Campus Dr, Hanford, CA 93230-4374
      View Details
    • Value Estimation by Request
      2,704 SF

      Hanford, CA 93230

      RESTAURANT • 2,704 SF
      Hanford, CA 93230
      View Details
    • Value Estimation by Request
      2,000 SF

      104 6th St

      RESTAURANT • 2,000 SF
      104 6th St, Hanford, CA 93230-4514
      View Details
    • Value Estimation by Request
      2,472 SF

      420 7th St

      RESTAURANT • 2,472 SF
      420 7th St, Hanford, CA 93230
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,422 SF

      Hanford Retail Pad - Drive Thru

      Prime Retail Space, 3,422 sq ft, Drive-Thru Ready
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      New Retail Spaces in Hanford

      New retail spaces available in high-traffic Hanford location.
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    • $0.60 SF/Yr
      2,720 SF

      Restaurant Building with Planned Drive-Thru

      Freestanding restaurant building with planned drive-thru, ample parking.
      8348 Lacey Blvd, Hanford, CA 93230
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    • $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

      Retail Space Available For Rent

      Retail space available for rent, 680 square feet.
      729 W Lacey Blvd, Hanford, CA 93230
      View Details
    • Contact for pricing
      1,143 SF

      Retail Space with Highway Visibility

      Retail space in Hanford Marketplace with excellent highway visibility.
      2453 E Lacey Blvd, Hanford, CA 93230
      View Details
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    Hanford, CA 93230-5927
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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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