0 Hillard St Taft, CA 93268
This exceptional 85-acre parcel in Taft, California, presents a remarkable development opportunity. Located on Hillard Street, this property boasts two separate parcels (APN # 032-152-65 & 032-152-74) with approved tentative tract maps allowing for the creation of up to 260 residential lots. The larger parcel (APN # 032-152-65), encompassing approximately 85 acres, has a tentative map for 223 lots. The second parcel (APN # 032-152-74), approximately 20 acres, has a tentative map for an additional 42 lots. The land is zoned R-1, making it ideal for residential development. This prime location offers significant advantages, including proximity to A Street Park and Parkview Elementary School, enhancing its appeal to families. A convenient bike path also runs through the planned development, adding to its desirability. The asking price for this exceptional opportunity is $1,575,000. This is a rare chance to acquire a large, well-situated tract of land with approved plans for substantial residential development in the thriving Taft community. The property's location and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for housing in the area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.