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Property profile & analytics
FOR LEASE
Office buildings

323 N 11Th Ave Hanford, CA 93230

6,000 SF 0.52 ac lot Built 1990
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-2519984
Property summary
AI-generated overview

This exceptional 1,500 square foot end-cap retail and office space is ideally located at the high-traffic intersection of 11th Avenue and Lacey Boulevard in Hanford, California. Situated within a larger 6,000 square foot building, this unit offers excellent visibility and accessibility for businesses seeking a prominent presence in this thriving community. The space is adaptable to various uses, suitable for both traditional office and medical office practices, making it a versatile option for a range of professional enterprises. The property's address is 323 N 11th Ave, Hanford, CA 93230. The building allows for multiple tenancies, providing opportunities for collaboration or expansion within the same complex. This end-cap location provides ample street frontage and signage opportunities, enhancing brand visibility and attracting potential clients. The space is immediately available and ready for occupancy. The property is conveniently located in Hanford, California, offering easy access to major transportation routes and a diverse range of local amenities. This is a rare opportunity to secure a well-positioned, versatile commercial space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Construction WOOD
Total area 6,000 SF
Lot 0.52 ac (22,436 SF)
Zoning code CC
APN 012-013-008-000
UPID US10-2519984
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
  • Physical Therapy Unlimited, Inc. (now with PRO~PT) Medical Clinic
  • Caleb Pratt Physician Medical Clinic
  • Elev8 South Valley (Bike/Boat/Book/etc) Store Pharmacy
  • CORI MARIE ROWE Physician
  • NICHOLE MICHELLE CHENNAULT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.38M
CAP Approach CAP
$1.35M
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.74M
Owner & transaction history
Pro Development LLC · 4 yrs held
Pro Development LLC
since 2021
Last sale
$1.8M
3 recorded transactions
2021
$1.8M
1997
$800,000
1990
$990,000
Zoning & alternative use
CC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +4.5%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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