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23775903
23790877

NWC 8th Ave. and Lacey Blvd., Hanford, CA 93230

PM
CA CA 02007579
Mark Saito Company
Listed by Mark Saito Company
$5,056,929.6
388 days on market
Updated 80 days ago

NWC 8th Ave. and Lacey Blvd.

Details
Property Type Industrial, Land
Sub Type Flex
Price per SqFt $12
Lot Size (SqFt) 9.5 - 9.7
Zoning C-H

Industrial

Marketing description

This 9.68± acre development site spans four (4) parcels and is located at the highly visible intersection of Highway 198 and 8th Street in Hanford, California—a prime location within one of the Central Valley’s most connected and fast-growing commercial corridors. With direct access to Highways 198 and 43, these parcels provide seamless connectivity to major population centers such as Fresno, Bakersfield, Los Angeles, and San Francisco, making it ideally suited for retail, hospitality, logistics, or service-oriented businesses.

The site is general planned and fully parcelized, offering flexibility for various configurations, including single-user development or a multi-tenant retail center. Situated at a signalized roundabout with immediate on/off ramp access, the site ensures high visibility, smooth traffic flow, and exceptional convenience for both local shoppers and regional travelers.

Positioned directly across from Costco and surrounded by newly developed Starbucks, Taco Bell, and Panda Express, the property benefits from strong consumer traffic and brand synergy. A Pemex gas station and the long-running Central Valley Auction, that draws hundreds of visitors from across the state, further boost exposure and year-round activity. These diverse retail anchors create a highenergy commercial environment, offering immediate foot traffic and long-term viability for national and regional tenants.

Additionally, Hanford is experiencing significant growth, with a population of 60,473 and a 2.26% increase since the 2020 Census. The median household income of $90,490 highlights a robust consumer base. Major infrastructure projects—like the Jackson Avenue Grade Separation of Kings County and Hanford Viaduct, the largest high-speed structure in the Central Valley, further enhances connectivity and regional draw, solidifying Hanford’s role as a rising logistics and commuter hub.

This property offers a compelling opportunity for developers and investors looking to capitalize on Hanford’s expanding footprint—combining strategic location, strong demographics, and development-ready flexibility in a city poised for long-term growth.

Investment highlights

  • Located within one of the Central Valley’s fastest-growing commercial corridors.

  • Direct access to Highways 198 and 43 with connectivity to Fresno, Bakersfield, Los Angeles, and San Francisco.

  • Fully parcelized for flexible development configurations.

  • Signalized roundabout location with immediate freeway on/off ramp access.

  • High visibility across from Costco and near Starbucks, Taco Bell, and Panda Express.

  • Ideal for retail, hospitality, logistics, or service-oriented uses.

  • Hanford population growing with $90K+ median household income.

  • Near major infrastructure projects like the Hanford Viaduct and Jackson Grade Separation.

  • Strong investment opportunity in a rising logistics and commuter hub.

Listing Contacts

PM
CA CA 02007579
Mark Saito Company
Listed by Mark Saito Company

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Additional Information

Name
Patrick Monreal
License
CA 02007579
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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