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1798 Hanford Armona Rd - Prime Retail Location off 12th Ave & HWY 198 3 Acres of Commercial Land Offered at $520,000 in Hanford, CA 93232
Investment Highlights
- Construction has Started, Completion Estimated Oct 2020
- In High Traffic Developed Area - Over 70,000 Cars Per Day
- Near Major Corridors servicing Airport, Mall, Downtown, & Housing
- Close proximity to Highway 198 and 12th Avenue w/ Great Access & Exposure
- Parcel Frontage: 197 ft by 584 ft Deep
- Situated Near Many Existing Housing Developments
Executive Summary
Close Proximity to Highway 198 and 12th Avenue
Great Access & Exposure | Located in the Prime Retail District
In High Traffic Developed Area - Over ±70,000 Cars Per Day
Parcel Frontage: 197 ft by 584 ft Deep
Situated Near Many Existing Housing Developments
Near Major Corridors servicing Airport, Mall, Downtown, & Housing
High Identity Location | Shovel Ready | Rectangle Parcel
Property Facts
| Price | $520,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | ||
| Zoning | SC - Service Commercial | ||
| Price | $520,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Zoning | SC - Service Commercial |
1 Lot Available
Lot
| Price | $520,000 | Lot Size | 3.00 AC |
| Price Per AC | $173,333.33 |
| Price | $520,000 |
| Price Per AC | $173,333.33 |
| Lot Size | 3.00 AC |
Description
Total of 3.00 acres zoned service commercial. High traffic location with traffic counts of over 70,000 cars/day, Located in the prime retail district to the north including Hanford Mall, hotels, restaurants, Walmart, and Home Depot. Property is annexed to the city of Hanford and ready to be developed. Construction has Started, Completion Estimated Oct 2020. Excellent freeway visibility and access with long frontage along Highway 198. 12th Avenue is an overpass over Highway 198, a full interchange, and main entrance point into Hanford. Excellent big-box site, shopping center, lodging, gas station, restaurant, auto mall, office park, freeway-oriented hotel. Centrally located in the County seat to serve the cities of Hanford, Lemoore, and Kings County's 150,000+ population expected to grow to 200,000 by 2020. Property situated off the Northwest quadrant of 12th Ave and Hanford Armona Rd just south of State Route 198 at the end intersection of Woodland Drive in the City of Hanford, CA. There is a full interchange at 12th Avenue. Lemoore Naval Air Station (10 miles west) is the largest master jet naval air station in the world and is designed to support more than 20 fleet carrier squadrons.
Property Taxes
| Parcel Number | 011-010-017-000 | Improvements Assessment | $0 |
| Land Assessment | $696,690 | Total Assessment | $696,690 |
Property Taxes
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1798 Hanford Armona Rd - Prime Retail Location off 12th Ave & HWY 198
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