Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    301 5th St Hanford, CA 93230-5134
    Back to Search
    Property profile & analytics

    301 5th St, Hanford, CA 93230-5134

    View on Map
    • Manufacturing properties
    • 2,928 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Apr 25, 2024
    $100,000
    Property ID
    US09-3287612
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cal's Catering Services / Take-out & Catering / Catering Service

    Property Details for 301 5th St

    Year built
    1947
    Lot size
    0.17 lot acres
    Zone code
    SC
    Property type
    Manufacturing properties
    APN
    012-107-001-000
    APU
    12107001000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 11, 2025 — Mark S Condie And Amorlina Condie R Mark S Condie Deed · related —
    Apr 25, 2024 — Mark S Condie Mark Shane Clement Grant Deed —
    Apr 25, 2024 $100,000 Mark S Condie Mark Shane Clement Grant Deed —
    Nov 20, 2020 — Herigstad-clement,f Trust 2020 Mark S Clement Quit Claim Deed · related —
    Sep 4, 2020 — Mark S Clement Clement Calvert F L/tr Quit Claim Deed · related —
    Feb 29, 2000 $150,000 Marcus J Ptacek Brewer,rocky & Shelia Grant Deed $115k · Union Bank Of California

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.642
    Latitude
    36.325
    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
    $1,569
    $39,975
    $104,987
    $144,962
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $605,000
      32.90 Acres

      12100 11th Ave

      MANUFACTURING (LIGHT)
      12100 11th Ave, Hanford, CA 93230-9523
      View Details
    • Value Estimation by Request
      0.69 Acres

      108 Harris St

      MANUFACTURING (LIGHT)
      108 Harris St, Hanford, CA 93230-5155
      View Details
    • Value Estimation by Request
      10.00 Acres

      Hanford, CA 93230

      MILL (FEED, GRAIN, LUMBER, TEXTILE)
      Hanford, CA 93230
      View Details
    • Value Estimation
      $3,075,000
      23,500 SF

      612 5th St

      PROCESSING PLANT (CEMENT, GRAVEL)
      612 5th St, Hanford, CA 93230-5043
      View Details
    • Value Estimation by Request
      60.63 Acres

      Hanford, CA 93230

      PROCESSING PLANT (CEMENT, GRAVEL)
      Hanford, CA 93230
      View Details
    • Value Estimation
      $1,310,000
      14,760 SF

      13241 Crown Ave

      MANUFACTURING (LIGHT)
      13241 Crown Ave, Hanford, CA 93230-9508
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,319,937 SF

      California Industrial Campus with Rail

      Large industrial campus with rail connectivity in California's agricultural region.
      11693 11Th Ave, Hanford, CA 93230
      View Details
    • $600,000
      2 SF

      Hanford Industrial Commercial Property

      Two-acre industrial property near Costco with versatile buildings.
      9999 Lacey Blvd, Hanford, CA 93230
      View Details
    • Contact for pricing

      Industrial Space in Porterville

      Industrial space with roll-up doors, office, and fenced yard.
      11631 S 11Th Ave, Hanford, CA 93230
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Warehouse Building For Sale

      Industrial warehouse building for sale in Hanford, California.
      13321 Hanford Armona Rd, Hanford, CA 93230
      View Details
    • Contact for pricing

      Industrial Building on 1.78 Acres

      Industrial building with warehouse, office space, and fenced yard.
      415 W 3Rd St, Hanford, CA 93230
      View Details
    • $2,399,900
      3,120 SF

      Sassy Car Wash: Hanford, CA

      Profitable Car Wash & Office Space
      1697 Lacey Blvd, Hanford, CA 93230
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      138,282 SF

      Industrial Building with Rail Service

      138,282 SF industrial building with rail service available for lease.
      10555 Iona Ave, Hanford, CA 93230
      View Details
    • Contact for pricing

      Available Warehouse Space in Hanford

      Warehouse spaces available in Hanford, CA with various features.
      13400 Hanford Armona Rd, Hanford, CA 93230
      View Details
    • Contact for pricing
      2,250 SF

      Industrial Space with Fenced Yard

      Clear span industrial space with yard for lease in Hanford.
      444 Wilson Ln, Hanford, CA 93230
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space on Lacey Boulevard

      Retail space with high visibility in Hanford's retail corridor.
      1863 W Lacey Blvd, Hanford, CA 93230
      View Details
    • Contact for pricing
      1,103 SF

      Retail Space with Highway Visibility

      Retail space in Hanford Marketplace with excellent highway visibility.
      2453 E Lacey Blvd, Hanford, CA 93230
      View Details
    • Contact for pricing

      Service Commercial Land For Rent

      3-acre service commercial land in high-traffic Hanford location.
      1798 Hanford Armona Rd, Hanford, CA 93230
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 5th St
    Hanford, CA 93230-5134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    301 5th St, Hanford, CA, 93230
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!