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Property profile & analytics
OFF-MARKET Estimated value $995,000
Sports & entertainment properties

295 Redington St Hanford, CA 93230-4549

0.45 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2827473
Property summary
AI-generated overview

Prime downtown Hanford location, this 10,971 square foot vacant retail building presents a unique owner-user opportunity. Previously occupied by a furniture store, the property boasts flexible MX-D zoning, allowing for diverse uses within the city's vibrant downtown core. Situated on a 0.45-acre lot, the building offers ample on-site parking supplemented by nearby street and public parking. Its central location places it within walking distance of Hanford's Civic Center Park, Civic Auditorium, and City administration, and approximately a quarter-mile from Highway 198. The property is surrounded by established national retailers including Citibank, Burger King, Bank of the West, Wells Fargo, Sherwin Williams, and Bank of America, ensuring high visibility and foot traffic. The asking price is $1,095,000, translating to $99.81 per square foot. The property's APN is 012-052-001. This is an exceptional chance to acquire a substantial retail space in a thriving California city.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Lot 0.45 ac (19,514 SF)
Zoning code DC
APN 012-052-001-000
UPID US09-2827473
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
  • Winey Bice Inc Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$995k
Owner & transaction history
Aspire Homes Ca INC · 1 yrs held
Aspire Homes Ca INC
since 2025
Last sale
$1.0M
4 recorded transactions
2025
$1.0M
2011
Price N/A
2003
$420,000
1998
Price N/A
Zoning & alternative use
DC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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