Storefront Property For
407 Center St Unit Taft ca 93268, Taft, CA 93268
For Sale
$135,000
Storefront property for sale, payments accepted with down payment.
Property Size1,000 SF
Price / SF$135
Days on Market190
Property Features for 407 Center St Unit Taft ca 93268
General Information
Standard status
Property type
Size
Total Parking Spaces
Building Details
Buildings
Stories
Units
Listed By:
Julien Vega
(661) 717-6481
Added: May 4
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 407 Center St in Taft, CA 93268, this storefront property is available for sale with payments accepted and a down payment option. The property is situated in a desirable area of downtown Taft, offering convenient access to local amenities. The property has a size of 1000 square feet. It is within walking distance of Taft's movie theater and restaurants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,881
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,620
$197.6K
Cap Rate 7%
$141,157
$141.2K
Cap Rate 9%
$109,789
$109.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$15.0K $15.00/SF
− Vacancy
−$885 −$0.89/SF
EGI
$14.1K $14.11/SF
− OpEx
−$4.2K −$4.23/SF
NOI
$9.9K $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%
$197,620
Cap Rate 7%
$141,157
Cap Rate 9%
$109,789
Alternative Uses
Best Use
Retail
$141.2K
$123.5K – $164.7K
NOI $9,881 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$213.6K
$186.9K – $249.2K
NOI $14,954 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 42%
Groceries 11%
Electronics 4%
McDonald's
Dining
13,994 visits/mo
0.4 miles
Fastrip
Shops & Services
11,498 visits/mo
0.4 miles
Starbucks
Dining
10,690 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
9,906 visits/mo
0.2 miles
Dollar General
Shops & Services
8,025 visits/mo
0.3 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
$225,000
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Kern County, CA
Properties on Market for Storefront properties in Kern County
Vacancy Rate% for Retail in West region
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 - Storefront property for sale, payments accepted with down payment.
Where is this storefront property located?
The property is located at 407 Center St Unit Taft ca 93268 Taft, CA.
What is the asking price?
The asking price for this property is $135,000.
