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Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Banks
890 Lacey Blvd Hanford, CA 93230-4309
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3116869
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
6,855 SF
Lot
0.57 ac (24,829 SF)
Zoning code
MXC
APN
010-500-018-000
UPID
US09-3116869
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
-
Westamerica Bank Bank Loan Service
-
My Credit Repair Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.59M
Owner & transaction history
4032 Jewett LLC · 4 yrs held
4032 Jewett LLC
since 2022
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
MXC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,185,000
ML approach
$3,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.59M
Range $2.33M – $2.85M · ±10% · vs last sale $2.00M (Apr 19 2022)
Last sale anchor
$2.00M
Apr 19 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
$378 / 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
$22,525
Tax year 2024
Assessed value
$2,080,800
Assessed 2024
Previous assessed
$2,080,800
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$520,200
Assessed improvement
$1,560,600
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,855 SF
Lot
0.57 ac (24,829 SF)
Zoning code
MXC
APN
010-500-018-000
UPID
US09-3116869
Jurisdiction
KINGS
Zoning & alternative use
MXC · Hanford, CA
Zoning MXC · permitted uses
MXC · 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.
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
4032 Jewett LLC
Entity
Free & Clear · 4 yrs held
Mailing address
18431 KINGSPORT DR APT #214, MALIBU, CA 90265-5602
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2022
$2,000,000
4032 Jewett LLC
Cedar And Nees LP
Grant Deed
—
Aug 30, 2018
$1,325,000
Cedar & Nees LP
Mittendorf,william F & Joan C
Grant Deed
—
Oct 13, 2004
—
William F Mittendorf
Highland Hanford LLC
Grant Deed
related
—
Sep 7, 2004
—
Highland Hanford LLC
Hanford-king Property Ptrs
Quit Claim Deed
related
$24,000,000 · Gmac Commercial Mortgage 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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