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    531 Center St Taft, CA 93268

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    For Sale
    $725,000

    Automotive building with retail space, excellent location, new roof.

    Property size:
    13,500 SF
    Lot size:
    0.29 Acres

    Property Features for 531 Center St

    General Information

    Size
    13,500 SF
    Lot size
    0.29 Acres

    Source: KW Commercial | Central California Agent Jared Ennis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-key Automotive Building For Sale

    This turn-key automotive building, formerly a Chrysler dealership, offers approximately 12,000 square feet for automotive business and approximately 1,500 square feet of retail space. The property has consistently generated over $1 million in sales year to year. A current tenant occupies approximately 1,500 square feet at $1,600 per month. The building features a brand new roof and coolers installed in 2024. Situated on a hard corner, the property benefits from excellent visibility and is surrounded by quality tenants. It is located in an area with approximately 20,480 residents within a 10-mile radius and offers a convenient location between CA-33 and CA-119. The property is a well-known building. Additional adjacent hard corner properties are also available, with the possibility to own all four corners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Messenger Automotive Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Taft
    County
    Kern
    State
    California
    Longitude
    -119.459989
    Latitude
    35.141011

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    FAQs

    What type of property is this?
    Automotive property - Automotive building with retail space, excellent location, new roof.
    Where is this automotive property located?
    The property is located at 531 Center St Taft, CA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Turn-key Automotive Building | Former Chrysler Dealership; - Over $1M In Sales Consistently Year to Year; - Brand New Roof & Coolers - 2024
    (559) 705-1000
    Request Owner's contact information
    531 Center St Taft, CA 93268
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    Taft, CA 93268
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    531 Center St Taft, CA 93268
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