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Property profile & analytics
OFF-MARKET
Turn key restaurants

71 Hanford Armona Rd Lemoore, CA 93245-2191

2,496 SF 0.86 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US09-1927537
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving Quick Service Restaurant (QSR) in Lemoore, California. The 2,496 square foot building, constructed in 1985 and extensively renovated in 2021, sits on a 0.86-acre lot at 71 E Hanford Armona Rd, 93245. The property boasts a strong lease structure, operating under a NNN lease with 10% rent bumps every five years. The asking price is $1,800,000, translating to $722.12 per square foot. This owner-user investment benefits from its strategic location near a major intersection, drawing significant traffic. The property's proximity to a large military base (Lemoore Naval Air Station), numerous schools (including Mary Immaculate Queen School, Cinnamon Elementary, Meadow Lane Elementary, and Liberty Middle School), and over 500 apartments ensures a substantial and consistent customer base. Furthermore, the property enjoys the advantage of being within walking distance of other popular establishments such as Dutch Brothers Coffee, McDonald's, Jack in the Box, KFC, and Dollar Tree. The property's excellent condition and prime location make it an attractive investment opportunity with significant potential for future growth and return. The APN is 021-310-002-000 and the sale is structured to accommodate a 1031 exchange.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction TYPE NOT SPECIFIED
Total area 2,496 SF
Lot 0.86 ac (37,462 SF)
APN 021-310-002-000
UPID US09-1927537
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rmss Properties LLC
Rmss Properties LLC
since 2025
4 recorded transactions
2025
$1.4M
2018
$600,000
2000
Price N/A
1988
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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