Description

We are offering approximately 21.35 acres of commercial land at the northwest corner of Hanford-Armona Road and 12th Avenue in Hanford, California. The asking price is $4,882,531, which works out to $5.25 per square foot of land. This is one of the larger commercial parcels available in the area, giving a buyer room for a single large project or a phased development.

The property is zoned C-R (Regional Commercial) by the City of Hanford and is identified as Kings County Assessor's Parcel Number 011-010-013. It sits inside Hanford city limits within the Hanford-Armona West Corridor planning area, and the City's 2035 General Plan designates it for regional commercial use. That combination points toward retail centers, shopping and service uses that draw customers from across the region.

Visibility is a major strength. The parcel lies just off Highway 198, with approximately 1,281 feet of freeway exposure, and it has frontage on both Hanford-Armona Road and 12th Avenue. The 12th Avenue interchange on Highway 198 is close by, giving direct access for customers, employees and deliveries traveling throughout Hanford and the surrounding Kings County area.

We see the site as well suited for a regional shopping center, big-box or multi-tenant retail, dining, hospitality or other commercial uses permitted in the C-R zone. Buyers should confirm specific uses and development standards with the City of Hanford. Contact our team at Fortune Associates to discuss pricing, site details and next steps on this Hanford opportunity.