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Property profile & analytics
OFF-MARKET Estimated value $1,745,000
Office buildings

450 Kings County Dr Hanford, CA 93230-5781

11,109 SF 0.54 ac lot Built 2002
Individually Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US10-3097607
Property summary
AI-generated overview

Hanford Professional Plaza, located at 450 Kings County Drive, Suite 105, Hanford, CA 93230, offers a prime office space opportunity. This single-tenant building totals 3,713 square feet, with 3,713 square feet currently vacant and available for lease. The space is divisible to a minimum of 1,513 square feet and offers a maximum contiguous space of 2,200 square feet, ideal for a variety of businesses. The property boasts excellent visibility and accessibility, situated near the intersection of Lacey Blvd. and Kings County Drive NWQ, a high-traffic area with an average daily count of approximately 27,761 vehicles. This location is in the heart of Hanford, close to Highway 198 and a thriving commercial corridor. The building is well-maintained, and benefits from strong co-tenancy with established businesses including Adventist Health, Baz Allergy and Sinus Center, and Contemporary Family Health. The property is zoned O - Office and includes ample parking, with 5 stalls provided per 1,000 square feet. Hanford serves as the regional commercial center for Kings County, supporting a trade area population of nearly 300,000. The city's strategic location, equidistant from Los Angeles and San Francisco, is further enhanced by recent significant investments, including a new $112 million Adventist Healthcare facility and 1.2 million square feet of recently completed retail development. Hanford's status as the county seat also attracts over 30,000 annual visitors to its historic sites.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2002
Construction TYPE NOT SPECIFIED
Total area 11,109 SF
Lot 0.54 ac (23,364 SF)
Zoning code O
APN 010-310-027-000
UPID US10-3097607
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
  • Mackey & Mackey Insurance Agency, Inc. Insurance Agency
  • MYDILI R. MANIAM-MOHAN Physician
  • Kings Behavioral Health Administration County Government Office
  • First Pediatrics Pediatrician Medical Clinic
  • Owens Valley Career Development Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$1.75M
Owner & transaction history
Tingey,cynthia Tr · 11 yrs held
Tingey,cynthia Tr
since 2015
6 recorded transactions
2015
Price N/A
2006
Price N/A
2004
Price N/A
2004
Price N/A
2003
Price N/A
1969
Price N/A
Zoning & alternative use
O · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.1M +4.5%
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