Freestanding Corner
For Sale
Contact for pricing
105 Asher Ave, Taft, CA 93268
C-2 zoning supports commercial, retail, and service uses.
Property Size1,993 SF
Lot Size0.25 Acres
Price / SF$110.39
Days on Market56
Property Features for 105 Asher Ave
General Information
Standard status
Active
Size
1,993 SF
Class
C
Lot size
0.25 Acres
Property subtype
Retail, Office, Land
Zoning
C-2
Investment Type
Owner/User
Additional Details
Corner Location
Yes
Building Details
Year Built
1933
Buildings
1
Listing Agency:
Prime Retail Group
Listed By:
Sam Abed · License #CA 01327240
Source:
Crexi
Added: Aug 19
Changed: Sep 28
Last Checked: Oct 12 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Retail Group
Investment Insights
Based on property information with market context.
This freestanding storefront contains approximately 1,993 square feet on a corner lot measuring approximately 0.25 acres. Constructed in 1933, the building features a stucco parapet with castellated detailing that gives the property a distinctive architectural profile. The site also includes yard area that can accommodate parking, storage, or future expansion.
The property is located at the intersection of S 4th Street and Asher Avenue in downtown Taft, California. It sits within an established residential and commercial area of western Kern County. C-2 zoning supports commercial, retail, and service uses, providing flexibility for an owner-user or investor.
The property is located at the intersection of S 4th Street and Asher Avenue in downtown Taft, California. It sits within an established residential and commercial area of western Kern County. C-2 zoning supports commercial, retail, and service uses, providing flexibility for an owner-user or investor.
Key Highlights
- Freestanding 1,993 SF commercial building on an approximately 0.25‑acre corner lot
- Constructed in 1933 with stucco parapet and castellated architectural detailing
- Located at S 4th Street and Asher Avenue in downtown Taft, California
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,692
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,840
$393.8K
Cap Rate 7%
$281,314
$281.3K
Cap Rate 9%
$218,800
$218.8K
Market Conditions
NOI Build-Up for 1,993 SF
Gross rent
$29.9K $15.00/SF
− Vacancy
−$1.8K −$0.89/SF
EGI
$28.1K $14.11/SF
− OpEx
−$8.4K −$4.23/SF
NOI
$19.7K $9.88/SF
Area
Kern County, CA
Vacancy
5.90%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,840
Cap Rate 7%
$281,314
Cap Rate 9%
$218,800
Alternative Uses
Best Use
Retail
$281.3K
$246.2K – $328.2K
NOI $19,692 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$425.8K
$372.5K – $496.7K
NOI $29,803 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 30%
Groceries 26%
Hotels & Casinos 4%
Grocery Outlet Bargain Market
Groceries
9,906 visits/mo
0.2 miles
Dollar General
Shops & Services
8,025 visits/mo
0.3 miles
Pizza Factory
Dining
5,032 visits/mo
0.3 miles
Little Caesars Pizza
Dining
4,700 visits/mo
0.4 miles
Sinclair
Shops & Services
2,691 visits/mo
0.4 miles
Demographics for 93268, CA
18,502
Population
6,289
Households
2.9
Avg Household Size
32
Median Age
9%
College-Educated
74%
High-School Grad
68.1 sq mi
ZIP Area
272
Density / Sq Mi
$55,473
Median Household Income
$28,563
Median Earnings
$998
Median Rent
$225,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Jack's Flower Shop — 430 Center St, Taft, CA 93268
- Country Corner Florist — 530 Kern St # B, Taft, CA 93268
- Albertsons Floral — 1044 Kern St, Taft, CA 93268
Frequently Asked Questions
What type of property is this?
Storefront property - C-2 zoning supports commercial, retail, and service uses.
Where is this storefront property located?
The property is located at 105 Asher Ave Taft, CA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Freestanding 1,993 SF commercial building on an approximately 0.25‑acre corner lot; Constructed in 1933 with stucco parapet and castellated architectural detailing; Located at S 4th Street and Asher Avenue in downtown Taft, California
