Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,610,000
Retail properties & Spaces
325 11th Ave Hanford, CA 93230-4511
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2809309
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
67,725 SF
Lot
5.83 ac (253,954 SF)
Zoning code
CC
APN
012-013-009-000
UPID
US10-2809309
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
-
The Healthy Bar Food And Beverage Consultant
-
UnderGround Spin and Fitness Studio Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.02M
Blend (final)
Blend
$5.61M
Owner & transaction history
Chrysler-dodge-jeep In Hanford · 21 yrs held
Chrysler-dodge-jeep In Hanford
since 2005
4 recorded transactions
Zoning & alternative use
CC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.0M
+10.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$8,085,000
Current use
COMMERCIAL (GENERAL)
$8,965,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$5.61M
Range $5.05M – $6.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / 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
$46,678
Tax year 2024
Assessed value
$4,311,995
Assessed 2024
Previous assessed
$4,311,995
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,527,900
Assessed improvement
$2,784,095
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Total area
67,725 SF
Lot
5.83 ac (253,954 SF)
Zoning code
CC
APN
012-013-009-000
UPID
US10-2809309
Jurisdiction
KINGS
Zoning & alternative use
CC · Hanford, CA
Zoning CC · permitted uses
CC · Hanford, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$9.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Lot
5.83 ac
Current owner
From public records · entity-resolved
Chrysler-dodge-jeep In Hanford
Individual
Free & Clear · 21 yrs held
Mailing address
3400 MCCALL AVE STE #100, SELMA, CA 93662-2560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2005
—
Chrysler-dodge-jeep In Hanford
Hanford Chrysler-plymouth-dodg
Quit Claim Deed
—
Apr 4, 2000
—
Chrysler Plymouth Dodg Hanford
Liberty Chrysler Plymouth Dodg
Grant Deed
$2,800,000 · Primus Financial Services
Jan 28, 1997
$1,650,000
Liberty Cliberty Chrysler Plym
Kmart Corp
Grant Deed
$2,000,000 · Bank Of The Sierra
—
—
Chrysler-dodge-jeep In Hanford
—
Deed Of Trust
related
$3,756,000 · Wells Fargo Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 325 11th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
