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Hanford, CA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hanford, California Market population: 58K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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10 properties found
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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Hanford CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Hanford CA

Common questions from investors exploring commercial real estate in Hanford CA.

What's the overall investment potential of Hanford, CA, considering its demographic and economic factors? +
The 57,655 population with a median age of 32.4, combined with a median household income of $55,869 and a poverty rate of 18.1%, suggests a stable market with opportunities for growth, especially given the strong health insurance coverage of 93.5% and diverse top industries like Health Care & Social Assistance, Retail Trade, and Manufacturing.
How does the city's commute time and transportation infrastructure impact the quality of life for residents and potential renters? +
The average commute time of 23.4 minutes, with 81.2% of residents driving alone and 11.4% carpooling, indicates a relatively convenient commute, while the 4.5% who work from home suggest a growing trend towards remote work, all of which contribute to a stable rental market, especially when combined with the 93.5% health insurance coverage and a median gross rent of $1,144.
What role does ethnic diversity play in the demand for housing and investment opportunities in Hanford, CA? +
The city's diverse population, with 54.5% Hispanic or Latino, 35.6% White alone, and 6.5% Asian alone, suggests a vibrant cultural scene and a strong demand for housing, particularly when considering the top industries and the median property value of $243,400, which could attract a wide range of buyers and renters, thus supporting investment potential.
How do the poverty rate and health insurance coverage interact to influence the quality of tenants and investment stability in Hanford, CA? +
The 18.1% poverty rate combined with 93.5% health insurance coverage suggests a working-class market with a degree of employment stability and access to healthcare, which can contribute to a more reliable tenant base, and when considering the median household income of $55,869 and the median gross rent of $1,144, it indicates a relatively affordable housing market with potential for investment returns.
What insights can be gleaned from the city's education levels, commute methods, and industry diversity for real estate investment decisions? +
The high school graduation rate of 84.2%, the 15.6% of the population with a bachelor's degree or higher, and the diverse commute methods, along with the top industries in Health Care & Social Assistance, Retail Trade, and Manufacturing, suggest a skilled and adaptable workforce, which can attract businesses and residents, thereby supporting a stable and growing real estate market, especially when considering the median property value of $243,400 and the homeownership rate of 56.2%.

Hanford CA Real Estate & City Facts

Key facts and real estate information about Hanford CA.

What are some of the best neighborhoods to live in Hanford? +
Some of the best neighborhoods to live in Hanford, CA, are Bonneyview Estates, which is a peaceful and family-friendly neighborhood with a strong sense of community. Other desirable areas tend to be in the north parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Hanford? +
There are plenty of fun things to do in Hanford, CA, such as visiting the Carnegie Museum of Kings County, exploring the China Alley Historic District, and enjoying the outdoors at Coe Park or Centennial Park. You can also check out the Urban Air Adventure Park for a day filled with adventures.
What is the food scene like in Hanford? +
The food scene in Hanford, CA, is diverse and offers a range of cuisines. Some popular restaurants include Zaytoona, Holy Smoke BBQ, Kabab City, and Fugazzis. There are also plenty of great food trucks and affordable eateries, such as Superior Dairy and Mike's Grill, that serve delicious and affordable meals.
What are the pros and cons of living in Hanford? +
The pros of living in Hanford, CA, include its affordable housing, rich history, and small-town charm. However, some cons include the city's limited job opportunities and higher poverty rate compared to other cities in the state. Additionally, the city's commute time can be relatively long, with an average commute time of 23.4 minutes.
Is Hanford a good place to live? +
Hanford, CA, can be a good place to live for those who value a small-town atmosphere and affordable housing. While it may have its challenges, the city has a lot to offer, including a rich history, outdoor recreational opportunities, and a diverse food scene. Ultimately, whether Hanford is a good place to live depends on your individual priorities and preferences.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Hanford CA Properties: 0.7500%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Hanford CA Commercial Property: $55,869

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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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