550 11th Ave, Hanford, CA 93230-4491
- Super regional malls
- 58,416 SF
- 5.46 lot acres
Current Use by Public Records
- 99 Cents Only Stores / Discount Store
Property Details for 550 11th Ave
- Year built
- 1994
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.46 lot acres
- Zone code
- MXC
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 010-500-011-000
- APU
- 10500011000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 16, 2025 | — | Burlington Coat Factory Of Texas In | Hanford Lb1 LLC | Deed | — |
| Mar 13, 2020 | — | Hanford Lb 1 LLC | Linda Barrett | Intrafamily Transfer · related | $7.6M · Wells Fargo Bank NA |
| Oct 9, 2019 | $7,003,500 | Linda Barrett | Mp Modesto LLC | Grant Deed | $4.4M · Mp Modesto LLC |
| Jun 4, 2019 | $5,250,000 | Mp Modesto LLC | Hanford Center LLC | Grant Deed | $3.6M · Rabobank |
| Dec 31, 2014 | — | Hanford Center LLC | — | Grant Deed · related | $7M · Rabobank |
| Feb 8, 2005 | — | Hanford Center LLC | Highland Hanford LLC | Grant Deed | $8.6M · Gmac Commercial Mortgage Bank |
| Sep 7, 2004 | — | Highland Hanford LLC | Hanford-king Property Ptrs | Quit Claim Deed · related | $24M · Gmac Commercial Mortgage Bank |
Description
This exceptional Class A retail property, located at 550 N. 11th Avenue (Northwest corner of 11th & Lacey) in Hanford, California, 93230, presents a unique leasing opportunity. The entire 23,154 square foot shopping center is currently available, offering a single, contiguous space ideal for a large-format retailer or a multi-tenant user seeking a prominent location. Built in 2019, the property boasts modern amenities and a high-visibility position within a thriving commercial area. The zoning is designated Commercial/Shopping Center, ensuring flexibility for a variety of retail uses. The building features two suites in total, and there are no elevators. Kings County provides a strong market for retail businesses, and this property's location at the northwest corner of 11th and Lacey avenues guarantees high foot traffic and excellent brand exposure. This is a rare opportunity to secure a substantial, fully vacant retail space in a desirable location. The property's size is not divisible, meaning the entire 23,154 square feet is available for lease. Interested parties should act quickly to secure this prime retail space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,010,000
- ML approach
- $9,740,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,090,000
- 6.5%
- $11,160,000
- 7%
- $10,360,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $10,590,000
- COMMERCIAL (GENERAL)
- $10,530,000
- RETAIL STORES
- $7,470,000
- AUTO REPAIR, GARAGE
- $7,365,000
- OFFICE BUILDING
- $6,885,000
- WAREHOUSE, STORAGE
- $6,085,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.656
- Latitude
- 36.3299
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
