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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Retail properties & Spaces
351 10th Ave Hanford, CA 93230-4127
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3780674
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1979
Total area
9,880 SF
Lot
0.88 ac (38,480 SF)
Zoning code
SC
APN
014-211-027-000
UPID
US09-3780674
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.05M
Owner & transaction history
Sandra Murrietta · 2 yrs held
Sandra Murrietta
since 2023
Last sale
$860,000
7 recorded transactions
Zoning & alternative use
SC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,070,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$1,355,000
Current use
COMMERCIAL (GENERAL)
$1,310,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$1,180,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $860k (Dec 28 2023)
Last sale anchor
$860k
Dec 28 2023
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
$106 / 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
$9,310
Tax year 2024
Assessed value
$860,000
Assessed 2024
Previous assessed
$860,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$445,000
Assessed improvement
$415,000
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
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1979
Heating
NONE
Total area
9,880 SF
Lot
0.88 ac (38,480 SF)
Zoning code
SC
APN
014-211-027-000
UPID
US09-3780674
Jurisdiction
KINGS
Zoning & alternative use
SC · Hanford, CA
Zoning SC · permitted uses
SC · 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1979
Heating
NONE
Lot
0.88 ac
Current owner
From public records · entity-resolved
Sandra Murrietta
Individual
Mailing address
2117 FAIRMONT DR, HANFORD, CA 93230-1807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$860,000
Sandra Murrietta
Alan Barnett Clay
Grant Deed
$301,000 · Tri Counties Bank
Dec 28, 2023
—
Sandra Murrietta
Ismael Mike Murrietta
Intrafamily Transfer
related
$430,000 · Tri Counties Bank
Jan 24, 2012
—
Surviving Spos Trust
Barnett Donald C & C S Trust
Grant Deed
related
—
Mar 7, 2005
—
Donald C Barnett
Barnett Donald C & C S Trust
Quit Claim Deed
related
—
Sep 21, 2004
—
Donald C Barnett
Barnett,carolyn S
Affidavit Of Death
related
—
Oct 18, 1994
—
Barnett Trust
Barnett,donald C & Carolyn S
Quit Claim Deed
related
—
Oct 3, 1994
—
Donald C Barnett
Barnett,donald C & Carolyn S
Quit Claim Deed
related
—
—
—
Donald C Barnett
—
Deed Of Trust
related
$50,000 · California Stockmens Bank
—
—
Donald C Barnett
—
Deed Of Trust
related
$40,000 · The Ca Stockmen's Bank
—
—
Barnett Trust
—
Deed Of Trust
related
$110,000 · Kaweah National Bank
—
—
Barnett,tr
—
Deed Of Trust
related
$100,000 · California Stockmens Bank
—
—
Donald C Barnett
—
Deed Of Trust
related
$150,000 · California Stockmens 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.
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