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Property profile & analytics
OFF-MARKET
Parking lots & garages
510 Grangeville Blvd Hanford, CA 93230-3080
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0813467
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1966
Construction
WOOD FRAME
Total area
2,378 SF
Lot
0.3 ac (13,068 SF)
Zoning code
RM3
APN
008-270-027-000
UPID
US09-0813467
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael Germaine LLC
Michael Germaine LLC
since 2026
7 recorded transactions
Zoning & alternative use
RM3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,460
Tax year 2024
Assessed value
$134,909
Assessed 2024
Previous assessed
$134,909
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$69,281
Assessed improvement
$65,628
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1966
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
2,378 SF
Lot
0.3 ac (13,068 SF)
Zoning code
RM3
APN
008-270-027-000
UPID
US09-0813467
Jurisdiction
KINGS
Zoning & alternative use
RM3 · Hanford, CA
Zoning RM3 · permitted uses
RM3 · 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.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Michael Germaine LLC
Entity
Mailing address
2761 MARLIN ST, WEST SACRAMENTO, CA 95691-5079
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
$50,000
Michael Germaine LLC
Michael Germaine LLC
Grant Deed
related
—
Nov 15, 2023
—
Michael Germaine LLC
Michael A Dias
Grant Deed
—
Dec 29, 2020
—
Draxler Land Company
—
Deed
related
$3,855,000 · Citizens Business Bank
Jun 2, 2020
—
Draxler Land Co
—
Deed
related
$668,000 · Citizens Busn Bk
Feb 12, 2019
—
Michael A Dias
Dias,michael A
Quitclaim Deed
related
—
Dec 31, 2018
—
Draxler Land Company
—
Deed
related
$3,200,000 · Citizens Business Bank
May 16, 2017
—
Draxler Land Co INC
—
Loan Modification
related
$1,250,000 · Valley Busn Bk
Oct 1, 2014
—
Draxler Land Company
Hanford/grangeville LP
Grant Deed
$1,250,000 · Valley Business Bank
Oct 8, 2002
—
Hanford/orangeville LP
Trenway INC
Grant Deed
related
—
Jun 7, 2002
$85,000
Trenway INC
Barreiro Trust
Grant Deed
—
—
—
Draxler Land Co
—
Deed Of Trust
related
$3,200,000 · Citizens Busn Bk
—
—
Hanford Of Grangeville
—
Deed Of Trust
related
$3,050,000 · Wells Fargo Bank NA Wells Fargo Bank NA
—
—
Draxler Land Co
—
Deed Of Trust
related
$668,000 · Citizens Busn Bk
Jul 8, 1966
—
—
—
Grant Deed
related
—
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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