Financial
Distress signals
Property profile

1012 Kern St Portfolio Taft, CA 93268

FOR SALE
Strip malls
Property ID
US09-2975751
9,700 SF 0.53 ac lot Built 1986
Last sale Mar 2024 · $7,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$2.42M
Assessed land$269k
Assessed improvement$2.15M
Effective rate1.18%

Value estimate

· Sep 2026
$7.55M
$6.80M – $8.31M
AI approach$7.55M
Submarket $/SF estimate$4.82M
NOI build-up
Gross scheduled income$371k
Vacancy & credit loss−$22k
Operating expenses−$105k
NOI · 6.27% cap applied$244k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$345/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$81 – $862

Cap rate analysis

How does the asset earn?
6.27%
$244k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.5
Building Supply22.2
Dental Office22.0

Location

1012 Kern St, Unit Portfolio Taft, CA 93268
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1092 Kern, Taft, CA 93268-2744 $7,550,000 Mar 2024 5,330 SF
1048 Kern, Taft, CA 93268-2743 $7,550,000 Mar 2024 9,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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