528 Center St Taft, CA 93268
Recently renovated retail building with parking on a 0.505-acre lot.
- Added:
- Oct 17, 2022
- Days on Market:
- 1367
- Last Refresh:
- May 19 at 10:29 pm
Property Features for 528 Center St
General Information
- Standard status
- Active
- Size
- 1,807 SF
- Lot size
- 0.51 Acres
- Property subtype
- Retail
Listing office C21 Commercial (559) 359-4035
Listing date Oct 17, 2022
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Renovated in 2024 with new roof, flooring, lighting, and bathroom fixtures.
- ±1,807 SF retail building on a ±0.505 acre lot with private parking.
- Located on the corner of Center St & 6th St offering outstanding frontage and visibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.1k | $15.00 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $25.5k | $14.11 |
| − OpEx | −$7.7k | −$4.23 |
| NOI | $17.9k | $9.88 |