375 Campus Dr Hanford, CA 93230-4374
- Turn key restaurants
- 3,536 SF
- 0.57 lot acres
Current Use by Public Records
- Tacos Jalisco / Mexican Restaurant
Property Details for 375 Campus Dr
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 0.57 lot acres
- Property size
- 3,536 SF
- Zone code
- NC
- Property type
- Turn key restaurants
- APN
- 012-240-069-000
- APU
- 12240069000
Description
This exceptional retail property, located at 375 Campus Drive in Hanford, California, presents a fantastic opportunity for businesses seeking high visibility and strong foot traffic. The 3,536 square foot building sits on a 0.57-acre lot and was constructed in 1995. Currently, 1,200 square feet of inline retail space is available for lease at a rate of $1.50 per square foot per month, plus NNN charges. The property boasts a prime location at a signalized intersection on Campus Drive and W. Lacey Blvd., ensuring excellent exposure to a large volume of vehicles. Its strategic position near the heart of Hanford's retail district, just a block east of Hanford Mall and Centennial Plaza Shopping Center, guarantees significant consumer traffic. The property is zoned NC and has an APN of 012-240-069 in Kings County. Monument signage is available, further enhancing the visibility of your business. This is an ideal space for a variety of retail uses, benefiting from the thriving economy and growing community of Hanford. The property's convenient location and ample space make it an exceptional investment opportunity. The building's total size is 3,536 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $665,000
- 6.5%
- $690,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $695,000
- Geo Method
- $605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $725,000
- Mixed-Use
- $735,000
- Hospitality
- $545,000
- Educational
- $605,000
- Residential Income
- $565,000
- Energy
- $570,000
- Income-Based Land
- $535,000
- Food Service
- $725,000
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.663
- Latitude
- 36.3276
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA