State Route 198

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State Route 198

Hanford, CA 93230
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for acquisition in Hanford, California
  • Strategically situated with frontage along State Route 198
  • Ideal location for lifestyle retail, dining, and entertainment developments
  • Suitable for mixed-use projects meeting local consumer demand
  • Located within the expanding San Joaquin Valley economic region

What's Special

This commercial land for sale along State Route 198 in Hanford, California, presents an intentional development opportunity for investors focused on regional growth. Positioned within a key transit corridor, the site is well-suited for businesses looking to address current demand for lifestyle retail, dining, and entertainment venues. The Kings County market serves as a growing hub in the San Joaquin Valley, offering access to a stable local population and steady regional traffic patterns. Developers may consider this acreage for various commercial applications, including mixed-use projects designed to integrate retail space with service-oriented outlets. The parcel provides sufficient scale to accommodate flexible site planning, making it a viable candidate for regional players aiming to establish a presence in this expanding Central California submarket. Proper site utilization here could effectively capture the unmet commercial needs of the surrounding community while leveraging the strategic visibility provided by the highway frontage.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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