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Property profile & analytics
OFF-MARKET
Estimated value
$3,075,000
Manufacturing properties
612 5th St Hanford, CA 93230-5043
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3274133
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1945
Total area
23,500 SF
Lot
3.13 ac (136,343 SF)
Zoning code
SC
APN
012-070-029-000
UPID
US09-3274133
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
-
Marquez Brothers International Inc Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.43M
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$3.08M
Owner & transaction history
Marquez Brothers Investments · 21 yrs held
Marquez Brothers Investments
since 2004
1 recorded transaction
Zoning & alternative use
SC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+120.3%
Commercial (general)
$4.2M
+119.1%
Retail stores
$3.0M
+55.4%
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%
$3,710,000
6.5%
$3,425,000
7%
$3,180,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,935,000
Current use
RESTAURANT
$4,260,000
Change: +120% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,235,000
Change: +119% · Conversion: Difficult
RETAIL STORES
$3,005,000
Change: +55% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,965,000
Change: +53% · Conversion: Easy
OFFICE BUILDING
$2,770,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,450,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$3.08M
Range $2.77M – $3.38M · ±10%
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
$131 / 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
$31,058
Tax year 2024
Assessed value
$2,869,041
Assessed 2024
Previous assessed
$2,869,041
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$580,381
Assessed improvement
$2,288,660
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1945
Heating
NONE
Total area
23,500 SF
Lot
3.13 ac (136,343 SF)
Zoning code
SC
APN
012-070-029-000
UPID
US09-3274133
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
RESTAURANT
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.2M
RETAIL STORES
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1945
Heating
NONE
Lot
3.13 ac
Current owner
From public records · entity-resolved
Marquez Brothers Investments
Entity
Mailing address
5801 RUE FERRARI, SAN JOSE, CA 95138-1857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2004
—
Marquez Brothers Investments
—
Grant Deed
related
$10,500,000 · Wells Fargo Bank
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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