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    300 Gardner Field Rd Taft, CA 93268

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    For Lease
    Contact for pricing

    High-visibility Taft retail space, 3.1 acres.

    Lot size:
    130,680 SF

    Property Features for 300 Gardner Field Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    130,680 SF

    Spaces For Lease

    at 300 Gardner Field Rd, Taft, CA 93268 Contact us

    We can help!

    Listing Contact
    Rick Amerine
    Rick Amerine

    Listing Agency: Cushman & Wakefield - Fresno, California Listing Agent: Rick Amerine

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

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property in Taft, California, presents a compelling investment opportunity. Located at the highly visible, signalized intersection of Highway 119 and Gardner Field Road, this 3.1-acre site offers unparalleled exposure to significant traffic volume. The property's strategic location also provides convenient access to Highway 33, further enhancing its accessibility and appeal. The site is zoned for retail, restaurant, and land development uses, allowing for a variety of potential projects. With flexible space options ranging from 2,000 square feet to 130,680 square feet, this property is suitable for a single large tenant or multiple smaller businesses. The property's prime location makes it ideal for national tenants seeking high visibility and convenient access for their customers. The Kern County location (APN 032-220-12) offers a strong foundation for a successful commercial venture. This is a rare opportunity to acquire a significant commercial property in a growing area with excellent freeway visibility and high traffic counts. The multiple tenancy option allows for diverse development possibilities, catering to a wide range of business needs. Don't miss this chance to secure a prime location in Taft, California. Contact us today to learn more about this exciting opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Pharmacy Kitchen & Bath Showroom Food Market Grocery & Convenience Store Car Rental Facility Plumbing Service Tanning Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Taft
    County
    Kern
    State
    California
    Longitude
    -119.4471605
    Latitude
    35.1368629

    Nearby Similar for Lease

    • $0.75 SF/Yr
      6,000 SF

      Industrial Warehouse/Office Near Taft Field

      6,000 SF industrial warehouse/office on 1.5 acre lot.
      1537 Kern St, Taft, CA 93268
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    • Contact for pricing
      19,120 SF

      Retail Anchor Space Available

      19,120 SF anchor space in Taft Hills Plaza.
      1044 Kern St, Taft, CA 93268
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    • Contact for pricing
      1,500 SF

      Retail Space in Taft, CA

      Retail space available for lease in Taft, California.
      900 Kern St, Taft, CA 93268
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    • $12 SF/Yr
      55,750 SF

      Taft, CA Retail Center Opportunity

      Prime Retail Space Available in Taft, CA
      325 Gardner Field Rd, Taft, CA 93268
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-visibility Taft retail space, 3.1 acres.
    Where is this restaurant located?
    The property is located at 300 Gardner Field Rd Taft, CA.
    What are key features of this property?
    This property features: Unique development opportunity in Taft, CA.; High-visibility corner lot at the signalized intersection of Highway 119 and Gardner Field Road.; Flexible zoning allows for retail, restaurant, and other land development uses.
    (559) 433-3541 Call to check price and availability
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    300 Gardner Field Rd Taft, CA 93268
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    Taft, CA 93268
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    300 Gardner Field Rd Taft, CA 93268
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rick Amerine
    Rick Amerine
    Real Estate License ID: 00551583
    (559) 433-3541 (559) 906-2121 (559) 433-3500
    Learn more
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