2500 10Th AveHanford, CA 93230

Property Details for 2500 10Th Ave

Year built

1999

Lot size

1.75 AC

Property size (Sq ft)

16,750 SF

Zone code

NC

Property type

Retail properties

Property subtype

Strip malls

APN

007-110-051-000

APU

7110051000

Description

This exceptional retail property, a former Rite Aid, presents a prime opportunity for owner-users or investors. Located at 2500 N 10th Ave, Hanford, CA 93230, this single-tenant building boasts 16,750 square feet on a 1.75-acre lot in Kings County. The property benefits from a highly visible corner location at the signalized intersection of 10th and Fargo Avenues, offering excellent access and exposure. With approximately 160 parking stalls, ample parking is available for customers and employees. The building is currently vacant, providing a blank canvas for a new business or investment venture. This location enjoys strong co-tenancy with established businesses such as Grocery Outlet, Dollar Tree, Dutch Bros, and Auto Zone, ensuring high traffic and visibility. Four convenient ingress/egress points further enhance accessibility. The property's size and location within the growing Hanford market make it an attractive proposition for a variety of retail uses. This is a rare opportunity to acquire a substantial retail space in a desirable location with excellent visibility and ample parking. The property is available for sale or lease.

• CAP approach

  CAP return

  Valuation

  6%

  $3,490,641

  6.5%

  $3,222,130

  7%

  $2,991,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,605,074

  Geo Method

  $11,772,791

• Alternative Use

  Use

  Valuation

  Residential

  $2,717,987

  Hospitality

  $2,489,662

  Educational

  $2,071,369

  Medical

  $2,142,607

  Retail

  $3,222,130

Location Insight

City

Hanford

County

Kings

State

California

Latitude

36.3578

Longitude

-119.638

CBSA code

25260

CBSA name

HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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