1798 Hanford Armona Road

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1798 Hanford Armona Road

Hanford, CA 93230
Asking Price
$520K
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

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

  • Agricultural land parcel available for sale in Hanford California
  • Strategically positioned near the intersection of Highway 198
  • The site is located at 1798 Hanford Armona Road
  • Asset offered at a total asking price of 520000 dollars
  • Property sits near the junction of 12th Avenue and highway

What's Special

Situated in the central region of Hanford, California, this agricultural land parcel occupies a strategic position near the intersection of 12th Avenue and Highway 198. The property benefits from its proximity to established transit corridors, which connect the site to the broader Kings County market and regional trade routes. The surrounding area is characterized by a mix of agricultural productivity and expanding commercial interests, reflecting the economic vitality of the San Joaquin Valley. This location provides access for potential development or continued agricultural operations, depending on local regulatory alignment and future infrastructure plans. Investors and developers often evaluate such sites for their connectivity to key transportation arteries and the surrounding agricultural landscape. Given the site access near a primary highway junction, this land represents a functional holding for those seeking exposure to the Hanford submarket.

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NOI
$80,000
Cap Rate
15.38%
DSCR
2.59
Strong
Cash-on-Cash
31.49%
Monthly Payment
$2,572.676
Annual Cash Flow
$49,127.885

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