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Property profile & analytics
FOR LEASE
Office buildings
530 Kings County Dr Hanford, CA 93230
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3215436
For Lease
1 / 2
$2,990,000
530 Kings County Dr, Hanford, CA 93230
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1997
Construction
TYPE NOT SPECIFIED
Total area
13,765 SF
Lot
0.6 ac (26,238 SF)
Zoning code
O
APN
010-310-024-000
UPID
US09-3215436
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
-
Rose Christopher DDS, MS Dental Office
-
MindDivers Physician
-
Christy Ortega Counselor Psychologist
-
Eric Sorensen Pediatrician Physician
-
J&P Spine Center Inc Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$2.99M
Owner & transaction history
Philip J Heynen · 4 yrs held
Philip J Heynen
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
O · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+4.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,345,000
6.5%
$3,085,000
7%
$2,865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,535,000
Current use
RESTAURANT
$2,650,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$2.99M
Range $2.69M – $3.29M · ±10% · vs last sale $2.90M (Jan 21 2022)
Last sale anchor
$2.90M
Jan 21 2022
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
$217 / 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
$32,661
Tax year 2024
Assessed value
$3,017,160
Assessed 2024
Previous assessed
$3,017,160
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$546,210
Assessed improvement
$2,470,950
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
13,765 SF
Lot
0.6 ac (26,238 SF)
Zoning code
O
APN
010-310-024-000
UPID
US09-3215436
Jurisdiction
KINGS
Zoning & alternative use
O · Hanford, CA
Zoning O · permitted uses
O · 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
OFFICE BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$2.7M
OFFICE BUILDING Current
RESTAURANT
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
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Philip J Heynen
Individual
Mailing address
2213 N MENDONCA CT, VISALIA, CA 93291-6511
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$2,900,000
Philip J Heynen
Hanford P & J Associates LLC
Grant Deed
$1,950,000 · Us Bank Trust Co NA
May 20, 2019
—
Hanford P & J Associates LLC
—
Deed
related
$1,700,000 · Bank Of The Sierra
Oct 26, 2018
—
Hanford P & J Associates LLC
—
Deed
related
$2,250,000 · C 2005 Trust (it)
May 23, 2007
—
Hanford P & J Associates LLC
Scialanca,pearl
Grant Deed
$2,525,000 · Lasalle National Bank
Jan 28, 2005
$1,236,000
Pearl Scialanca
Sdg Hanford 530 Medical Buildi
Grant Deed
—
Jan 28, 2005
—
Jadine G Kuwahara
Kuwahara,kenneth M
Quit Claim Deed
related
—
Oct 17, 2003
—
Sdg Hanford 460 Medical Bldg
Hanford Medical Plaza LLC
Quit Claim Deed
related
—
—
—
Hanford P & J Associates LLC
—
Deed Of Trust
related
$1,700,000 · Bank Of The Sierra
—
—
Hanford P & J Associates LLC
—
Deed Of Trust
related
$2,250,000 · C 2005 Trust (it)
—
—
Sdg Hanford 530 Medical Bldg
—
Deed Of Trust
related
$2,150,000 · American Equity Inv Life Ins
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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