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Property profile & analytics
OFF-MARKET
Estimated value
$5,300,000
Super regional malls
250 12th Ave Hanford, CA 93230-6176
Entity Owned
Free & Clear
Property ID
US09-3233662
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
206,251 SF
Lot
19.55 ac (851,598 SF)
Zoning code
PF
APN
011-020-029-000
UPID
US09-3233662
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
-
Walmart Vision & Glasses Ophthalmologist (Bike/Boat/Book/etc) Store
-
Walmart Pharmacy Parapharmacy Vitamin & Supplements Store
-
Walmart Money Center Bank Credit Union
-
Walmart Deli Food Market Restaurant
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.30M
Owner & transaction history
WAL-MART REAL EST BUSINESS TRUST
WAL-MART REAL EST BUSINESS TRUST
Zoning & alternative use
PF · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
the state, or any agency thereof. ( Ord. 17-04 , 2017 ; Ord. 24-11 , 12/3/2024 ) § 17.50.120 Fence and wall locations in residential, office, and public facilities zones. Fences and walls in the R-L, R-M, R-H, OR, O and PF zone districts shall be constructed or installed in accordance with the following: A. Along a rear lot line not exceeding seven feet in h…
Zone name
Public Facilities
General category
UNKNOWN
Zone area
1,645.65 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$26 / 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
$212,970
Tax year 2024
Assessed value
$19,673,633
Assessed 2024
Previous assessed
$19,673,633
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$4,220,707
Assessed improvement
$15,452,926
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
206,251 SF
Lot
19.55 ac (851,598 SF)
Zoning code
PF
APN
011-020-029-000
UPID
US09-3233662
Jurisdiction
KINGS
Zoning & alternative use
PF · Hanford, CAZoning PF · permitted uses
PF · Hanford, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
the state, or any agency thereof. ( Ord. 17-04 , 2017 ; Ord. 24-11 , 12/3/2024 ) § 17.50.120 Fence and wall locations in residential, office, and public facilities zones. Fences and walls in the R-L, R-M, R-H, OR, O and PF zone districts shall be constructed or installed in accordance with the following: A. Along a rear lot line not exceeding seven feet in height; B. Along an interior side lot line not exceeding seven feet in height begin
Zone name
Public Facilities
General category
UNKNOWN
Zone area
1,645.65 ac
Building & site characteristics
From public records
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
19.55 ac
Current owner
From public records · entity-resolved
WAL-MART REAL EST BUSINESS TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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