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Property profile & analytics
FOR LEASE
Retail properties & Spaces

312 W 7Th St Hanford, CA 93230

51,232 SF 0.89 ac lot Built 1949
Individually Owned 19-yr Hold Free & Clear
Property ID
US10-3173228
312 W 7Th St, Hanford, CA 93230 For Lease
$18.60 SF/Yr
312 W 7Th St, Hanford, CA 93230
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Property summary
AI-generated overview

Fast Plaza, located at 312 W 7th St, Hanford, CA 93230, presents a unique investment opportunity. This remodeled two-story Class B office building is situated in the heart of Hanford's downtown commercial district, within a designated redevelopment area. The property features a convenient elevator servicing the second floor and an attractive atrium on both levels. The building offers a variety of office space options suitable for executive, creative, traditional, professional, and even retail or cafe uses, making it ideal for multiple tenants. Its prime location provides easy access to a full range of amenities, including banking, shopping, diverse food services, and public transportation, all within walking distance. Adding to its convenience, an on-site café is available for tenants and visitors. The building's upscale design creates a professional and inviting work environment. The property is zoned D-C and is easily accessible from the cross streets of 7th Street and Philips Street. This versatile property offers a compelling opportunity for businesses seeking a well-located and amenity-rich office space in a thriving downtown area.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1949
Construction TYPE NOT SPECIFIED
Total area 51,232 SF
Lot 0.89 ac (38,912 SF)
Zoning code DC
APN 012-051-010-000
UPID US10-3173228
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
  • FAST Credit Union Credit Union
  • Herbalife protin BAR (Bike/Boat/Book/etc) Store Pharmacy
  • Learn4Life - Kings Valley Academy II (Hanford) High School
  • Cornerstone Cafe Cafe & Coffee Shop
  • Enroll2Control High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.28M
Blend (final) Blend
$5.08M
Owner & transaction history
Families FCU · 19 yrs held
Families FCU
since 2007
4 recorded transactions
2007
Price N/A
2007
Price N/A
2007
Price N/A
2003
$679,000
Zoning & alternative use
DC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.8M +10.9%
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More about this property
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