±0.651 Acres of Commercial Development Land in Hanford, CA

1131 W. 7th Street Hanford, CA 93230

1131 W. 7th Street, Hanford, CA, 93230
1131 W. 7th Street, Hanford, CA, 93230
FOR SALE
Property Type:
Residential Land Development
Amount:
$500,000
Last Verified:
Jan 21, 2021

Highlights

  • ±0.651 Acres of Vacant Land | Optimal Visibility w/ Easy Access
  • High Identity Location | Shovel Ready
  • Free & Clear Parcel Ready for Developers Concept
  • 9 Miles East of Visalia, CA | 29 Mile North of Madera
  • Unmatched Level of Consumer Traffic & High-Volume Exposure
  • Situated Near Many Existing & Planned Developments
  • North & South Bound Traffic Generators Near HWY-198
  • Quick Freeway Access | All Utilities Stubbed to Site.
  • High Level of Consumer Traffic & High-Volume Exposure
  • Situated Near Many Existing Downtown Developments
  • Convenient and Close Highway Access | Central Location

Description

±0.651 acres of shovel ready residential development land. The parcel is located off 7th Street and Campus Drive within minutes of the Hanford Mall. Roadways leading to the property from neighboring developments are in place and the land is a blank and clean canvas for flexible concepts. Quick access to HWY-198, which allows for convenient access to all major cities in the area absorbing from Visalia, Fresno, Bakersfield, Selma, Fowler and more. The subject property is in Hanford, CA which is an incorporated area of Kings County with a reported population of approximately ±58,280 people, located 12 miles east of the City of Lemoore, CA and 20 miles West of the City of Visalia, CA.

Located in Downtown Hanford off of 7th Street. Subject is just a couple blocks from well known Superior Dairy Ice-cream. The property is North of W 6th Street, South of W Lacey Blvd, East of Mall Drive & West of N 11th Ave.

Lot Size: 0.65 acres

Map of 1131 W. 7th Street, Hanford, CA, 93230

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.