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    Property profile & analytics

    523 7th St Hanford, CA 93230-4561

    • Investment properties
    • 3,280 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US09-0202198
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Royal Day Spa -Asian Massage / Massage Spa / Massage Therapist
    • Extreme Auto Connection / Audio Visual Equipment Supplier / Audi Dealer
    • The Pretty Little Boutique and Co / Children'S Party Service

    Property Details for 523 7th St

    Year built
    1940
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.17 lot acres
    Property size
    3,280 SF
    Zone code
    CC
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    012-065-003-000
    APU
    12065003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $330,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $330,000
      Mixed-Use
      $320,000
      Hospitality
      $400,000
      Educational
      $360,000
      Residential Income
      $360,000
      Energy
      $305,000
      Income-Based Land
      $305,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.653
    Latitude
    36.3251
    CBSA code
    25260
    CBSA name
    HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,834
    $85,747
    $360,802
    $446,549
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,150 SF

      314 7th St

      STORE/OFFICE (MIXED USE) • 2,150 SF
      314 7th St, Hanford, CA 93230-4604
      View Details
    • Value Estimation by Request
      1,609 SF

      1366 10th Ave

      STORE/OFFICE (MIXED USE) • 1,609 SF
      1366 10th Ave, Hanford, CA 93230-3432
      View Details
    • Value Estimation
      $350,000
      10,600 SF

      217 Douty St

      STORE/OFFICE (MIXED USE) • 10,600 SF
      217 Douty St, Hanford, CA 93230-4645
      View Details
    • Value Estimation
      $315,000
      0.64 Acres

      862 Grangeville Blvd

      STORE/OFFICE (MIXED USE) • 0.64 Acres
      862 Grangeville Blvd, Hanford, CA 93230-2716
      View Details
    • Value Estimation
      $690,000
      20,719 SF

      213 Irwin St

      STORE/OFFICE (MIXED USE) • 20,719 SF
      213 Irwin St, Hanford, CA 93230-4539
      View Details
    • Value Estimation
      $270,000
      2,232 SF

      11292 10th Ave

      STORE/OFFICE (MIXED USE) • 2,232 SF
      11292 10th Ave, Hanford, CA 93230-6219
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail spaces available in shopping center anchored by major retailers.
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    • Contact for pricing
      680 SF

      Retail Space Available For Rent

      Retail space available for rent, 680 square feet.
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    • Contact for pricing
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      Retail Space with Highway Visibility

      Retail space in Hanford Marketplace with excellent highway visibility.
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    • $8 SF/Yr
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      Hanford Retail Space Available

      Downtown Hanford flex space, 3,900-8,000 SF
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      Functional Warehouse Spaces in Hanford

      Clear-span warehouse spaces with heavy power and easy freeway access.
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      View Details
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    523 7th St
    Hanford, CA 93230-4561
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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