Description

We are offering 10715 12th Ave in Hanford, California, for sale at $3,000,000. The property is approximately 14.93 acres (about 650,351 square feet) of commercial retail development land. That works out to about $200,938 per acre. The site is zoned Regional Commercial and carries Assessor's Parcel Numbers 011-060-010, 011-060-011.

The site can be subdivided to suit a buyer. Curb, gutter, approaches and cross access are in place and utilities are at the site, so it is shovel ready. The site suits big-box retail, a shopping center, a hotel, a fuel station, restaurants, an auto mall or an office park, and seller financing is available. The asking price is about $4.61 per square foot.

The parcel has frontage on Highway 198 and 12th Avenue, a full interchange and main entrance into Hanford carrying about 114,003 cars per day, just south of the Hanford Mall. Nearby retailers include Walmart, In-N-Out Burger, Chili's and O'Reilly Auto Parts. Hanford is in Kings County, part of the Hanford-Corcoran metropolitan area. The surrounding area has high average incomes and is underserved for retail, and new housing developments are nearby.

Jared Ennis and Kevin Land of Central CA Commercial represent this offering on behalf of ownership. We are glad to share the full offering memorandum, along with additional photos and property details, and to answer questions about the property and the surrounding area. Contact us to discuss the opportunity or to schedule a tour.