±2.69 AC of Prime SFR Development Land w/ Previous TM

Highlights

• ±2.69 AC (±117,176 SF) of Semi-Custom SFR Development Land
• ±160' Wide By ±733' Deep | Corner Parcel | Existing Roads
• Previously Submitted Plans & Conceptual Plans In Place
• Free And Clear Parcel Ready For Developers Concept
• Quite, Convenient, Upclass Setting Within HJUHSD School System
• Ideal Site For PUD’s, Condos, Apartments, or SFR
• Situated Near Existing Newer Semi-Custom Housing Developments
• Near Major Corridors servicing College, Airport, Downtown, & Schools
• Growth Area - New Schools/Residential Projects Recently Built/Planned
• Regional Retail Developments Just Minutes Away
• Shovel Ready | Rectangular Parcel | Buildable
• Quick CA-198 Freeway Access | Utilities Nearby
• Easy Access & Multiple Entrances/Exits | Convenient Highway Access
• Avg Household Income: $164,254 & Med. Home Value: $622,951 (1 Mi)
• 35,834 Households, 108,955 Population & $1.25B Consumer Spending (10 Mi)
• Growth Area of Hanford - New Schools/Residential Projects Recently Built/Planned

Description

Prime semi-custom SFR development land totaling ±2.69 AC (±117,176 SF) off 12th Ave & Grangeville Blvd. in NW Hanford, CA. Level and rectangular parcel leading to easy access into all major retail hubs in both Hanford and Lemoore within a 10-minute drive time. Existing paved roadways entering from Berkshire Way or Fitzgerald Ln via Grangeville Blvd leading to the property from neighboring developments are in place and the land is a blank and clean canvas for flexible concepts. Less than 2 miles of CA-198 on/off ramps providing easy access to Lemoore, Visalia, Kingsburg, Tulare & many others! SFR development is consistent with the land use (adjacent parcel & across the street), is within the holding capacity, conforms to all policies, avoids traffic congestion, and is ready for flexible concepts. Nestled in Hanford's NW Growth Area, this residential development land is surrounded by many nearby amenities with easy access to major thoroughfares servicing College of the Sequoias, West Hills Lemoore College, Downtown Hanford, Hanford Mall, The Marketplace @ Hanford Shopping, Kings County Business Park, & Airport. Conceptual plan shows potential for 14-lots offering 9 @ 5,760 SF (45’ x 128’ average), 4 @ 7,040 SF (55’ x 128’), and 1 @ 15,065 SF (115’ x 131’).

Ideally located within walking distance to Simas Elementary School, site is located just north of the Centennial Plaza shopping center off the main arterial/entrance to North Hanford, CA. Parcel is just north of W Grangeville Blvd, east of University Ave, south of Muscat Pl and west of 12th Ave. The site is located just 14 miles from the Lemoore NAS entrance, and is in close proximity to many established housing tracts & commercial businesses. Hanford is the most populous city and the county seat of Kings County, CA, located in the San Joaquin Valley region of greater the Central Valley. It is 28 miles south of the city of Fresno and 18 miles west of the city of Visalia, and the population was 58,470 at the 2022 census. Hanford is situated in the south-central portion of the Valley, just 90 miles to Yosemite, 110 miles to the Central Coast, 150 miles to the Bay Area, & 180 miles to LA.

Residential building by the production builders has been very active in this area, and other than two small projects there are no other finished lot subdivisions, for sale, or that are ready to build on. A survey of homes that have sold in the last six months, have shown home sales reaching $265+ PSF.

Documents