NWC of 8th Ave. and Lacey Blvd. Hanford, CA 93230
$12.00 / Per Square Foot
EXECUTIVE SUMMARY
This 9.63± acre development site spans 8 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.
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 high-energy 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.
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Positioned in high-traffic signalized roundabout with direct access to CA-198 on/off ramps.
Surrounded by newly developed Starbucks, Taco Bell, and Panda Express.
Hanford 2035 General Plan to enhance local and regional draw with both infanstructure and city projects.
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8th Ave. 11,600± VPD
Lacey Blvd. 6,103± VPD
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152,682
Kings County Count, 2023.
STATUS Available
SIZE 9.63AC
TYPE Land
PRICE $12.00 / per sq. ft.
APN Multiple
ZONING C-H
COUNTY Fresno
PARKING -
CREXI
Represented by: PATRICK MONREAL
President, Executive Sales and Leasing Agent
patrick@saitocompany.com
LIC. 02007579
Location, demographics, and plan information is supplied by sources believed to be reliable. However, the Mark Saito Company cannot guarantee its accuracy and make no warranty or representations as to its veracity. It is presented here with the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and these may not represent current or future performance of the property. All inquiries about content should be directed to the broker (BRE LIC# 00701227) Mark Saito and The Saito Company. All rights reserved.