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Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Warehouses
475 4th St Hanford, CA 93230-5126
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2967365
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
22,770 SF
Lot
1.18 ac (51,202 SF)
Zoning code
SC
APN
012-112-012-000
UPID
US09-2967365
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
-
Success Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.67M
CAP Approach
CAP
$4.03M
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$3.34M
Owner & transaction history
Eskanos Family LP · 2 yrs held
Eskanos Family LP
since 2023
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
SC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+74.0%
Commercial (general)
$4.1M
+73.0%
Retail stores
$2.9M
+22.7%
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
$3,765,000
ML approach
$3,665,000
CAP Approach
CAP Return
Estimation
6%
$4,365,000
6.5%
$4,030,000
7%
$3,745,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,370,000
Current use
RESTAURANT
$4,130,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,105,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$2,910,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,870,000
Change: +21% · Conversion: Easy
OFFICE BUILDING
$2,685,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±10% · vs last sale $3.03M (Nov 14 2023)
Last sale anchor
$3.03M
Nov 14 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
$147 / 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
$16,288
Tax year 2024
Assessed value
$1,504,628
Assessed 2024
Previous assessed
$1,504,628
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$589,000
Assessed improvement
$915,628
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
NONE
Total area
22,770 SF
Lot
1.18 ac (51,202 SF)
Zoning code
SC
APN
012-112-012-000
UPID
US09-2967365
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
WAREHOUSE, STORAGE Current
Est. value
$2.4M
RESTAURANT
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$4.1M
RETAIL STORES
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1977
Heating
NONE
Lot
1.18 ac
Current owner
From public records · entity-resolved
Eskanos Family LP
Entity
Mailing address
4 ORINDA WAY #180, ORINDA, CA 94563-2515
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
—
Eskanos Family LP
—
Deed
related
$1,400,000 · Symetra Life Insurance Company An Iow
Nov 14, 2023
$3,025,000
Eskanos Family LP
Hanford Storage LLC
Grant Deed
—
Sep 30, 2022
$1,740,000
Hanford Storage LLC
Gilmar Enterprises
Grant Deed
$1,237,275 · Bank 34
Apr 3, 2017
—
H Dick Gilchrist
—
Deed
related
$1,250,000 · Henry B Walker
—
—
H Dick Gilchrist
—
Deed Of Trust
related
$1,250,000 · Henry B Walker
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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