For Sale
$125,000
407 Center St Unit UNIT, Taft, CA 93268
Rent to own building
Property Size900 SF
Price / SF$138.89
Days on Market142
Property Features for 407 Center St Unit UNIT
General Information
Standard status
Active
Property type
Storefront properties, Retail properties & Spaces
Size
900 SF
Net Rentable
900 SF
Class
B
Total Parking Spaces
5
Elevators
No
Sale Condition
Lease Option
Investment Type
Institutional
Net Operating Income
$200
Building Details
Year Built
1950
Year Renovated
2025
Buildings
1
Stories
1
Units
1
Listed By:
Julien Vega
(661) 717-6481
Added: May 19
Investment Insights
Based on property information with market context.
Key Highlights
- $25,000 down rent to own $1,000 month
- 661‑717‑6481 '' call me anytime.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,892
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,840
$177.8K
Cap Rate 7%
$127,029
$127.0K
Cap Rate 9%
$98,800
$98.8K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$13.5K $15.00/SF
− Vacancy
−$797 −$0.89/SF
EGI
$12.7K $14.11/SF
− OpEx
−$3.8K −$4.23/SF
NOI
$8.9K $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%
$177,840
Cap Rate 7%
$127,029
Cap Rate 9%
$98,800
Alternative Uses
Best Use
Retail
$127.0K
$111.2K – $148.2K
NOI $8,892 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$192.3K
$168.2K – $224.3K
NOI $13,459 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
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
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Rent to own building
Where is this storefront property located?
The property is located at 407 Center St Unit UNIT Taft, CA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: $25,000 down rent to own $1,000 month; 661‑717‑6481 '' call me anytime.
