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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Grocery and convenience stores
2497 10th Ave Hanford, CA 93230-7203
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-2533562
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1994
Construction
TYPE NOT SPECIFIED
Total area
5,400 SF
Lot
0.84 ac (36,590 SF)
Zoning code
NC
APN
014-670-078-000
UPID
US09-2533562
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
-
Chevron Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$990k
Owner & transaction history
Nahal,ajmer S Living Trust · 12 yrs held
Nahal,ajmer S Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
NC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+61.3%
Office building
$995,000
+54.3%
Commercial (general)
$715,000
+10.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
RETAIL STORES
$645,000
Current use
RESTAURANT
$1,040,000
Change: +61% · Conversion: Easy
OFFICE BUILDING
$995,000
Change: +54% · Conversion: Easy
COMMERCIAL (GENERAL)
$715,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10%
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
$183 / 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
$13,330
Tax year 2024
Assessed value
$1,231,425
Assessed 2024
Previous assessed
$1,231,425
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$353,416
Assessed improvement
$878,009
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
1994
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
1
Total area
5,400 SF
Lot
0.84 ac (36,590 SF)
Zoning code
NC
APN
014-670-078-000
UPID
US09-2533562
Jurisdiction
KINGS
Zoning & alternative use
NC · Hanford, CAZoning NC · permitted uses
NC · Hanford, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$645,000
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$715,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1994
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Nahal,ajmer S Living Trust
Trust
Mailing address
2497 N 10TH AVE, HANFORD, CA 93230-7203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Jun 20, 2014
—
Nahal,ajmer S Living Trust
Nahal,ajmer S
Quit Claim Deed
related
—
Jun 29, 2012
$1,000,000
Ajmer S Nahal
Paul & Vickie Daley LP N
Grant Deed
—
Jun 29, 2012
—
Ajmer Singh Nahal
Kaur Nahal Rupinderjit
Intrafamily Transfer
related
$600,000 · Valley Business Bank
Jan 26, 2007
—
Paul LP
Paul & Vickie Daley LP G
Quit Claim Deed
related
—
Jan 13, 2006
—
Paul LP
Daley,paul A & Vickie L
Quit Claim Deed
—
Jun 18, 2004
—
Paul A Daley
—
Deed Of Trust
related
$1,000,000 · Citizens Business Bank
Dec 7, 1993
—
Paul A Daley
—
Grant Deed
related
$500,000 · United Security Bank
—
—
Paul A Daley
—
Deed Of Trust
related
$325,000 · Regency Bank
—
—
Paul A Daley
—
Deed Of Trust
related
$500,000 · Bank Of Visalia
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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