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Property profile & analytics
OFF-MARKET Estimated value $595,000
Warehouses

415 3rd St Hanford, CA 93230-5014

7,606 SF 0.86 ac lot Built 1967
Entity Owned Absentee Owner Free & Clear
Property ID
US09-5120803
Property summary
AI-generated overview

This exceptional commercial property, situated at 415 W 3rd Street in Hanford, California, presents a compelling investment opportunity. Boasting a substantial 7,606 square feet of building space and a generous 0.86-acre lot, this property offers unparalleled versatility. Its strategic location adjacent to Highway 198 ensures high visibility and convenient access for both customers and employees, maximizing its potential for a wide range of commercial uses. The expansive lot provides ample space for various applications, from expanding existing operations to creating additional parking or outdoor storage areas. The existing building's layout is adaptable, allowing for customization to suit specific business needs. This property is ideal for entrepreneurs seeking a prominent location to establish or expand their business, or for investors looking for a strong return on investment in a thriving area. The combination of size, location, and adaptability makes this a truly unique opportunity in the Hanford commercial real estate market. The asking price is $900,000. Don't miss this chance to acquire a highly desirable commercial property with significant growth potential.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Construction TYPE NOT SPECIFIED
Total area 7,606 SF
Lot 0.86 ac (37,500 SF)
APN 012-136-009-000
UPID US09-5120803
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
  • Loretto Self Storage Unit Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
Johnston Calf Pens INC
Johnston Calf Pens INC
since 2026
Last sale
$596,371
6 recorded transactions
2026
Price N/A
2026
$700,000
2024
Price N/A
2023
Price N/A
2009
$596,371
2006
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $970,000 +22.7%
Auto repair, garage $960,000 +21.0%
Office building $895,000 +13.1%
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