Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1044 Kern St Taft, CA 93268

FOR LEASE
Grocery and convenience stores
Property ID
US09-3378340
43,041 SF 3.37 ac lot Built 1985
Last sale Mar 2024 · $4,189,500
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a grocery retail building located in Taft, California, within the Bakersfield MSA, and has operated as a grocery store since 1986. It is part of Taft Hills Plaza, a retail center totaling over 96,000 square feet that serves as a primary shopping destination for the community. The shopping center includes multiple tenants and outparcels, with nearby businesses such as Subway and Anytime Fitness and outparcel occupants including Jack in the Box, Starbucks, and AutoZone. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$71k
Tax billed · 2023
Assessed value$6.23M
Assessed land$1.72M
Assessed improvement$4.51M
Effective rate1.14%

Value estimate

· Oct 2026
$4.19M
$3.77M – $4.61M
AI approach$4.19M
NOI build-up
Gross scheduled income$287k
Vacancy & credit loss−$17k
Operating expenses−$81k
NOI · 25,188,666.67% cap applied$189k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
County average, outlier-cleaned · 409 recorded sales of this use type
Observed band · Q1–Q3$61 – $190

Cap rate analysis

How does the asset earn?
25,188,666.67%
$189k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
GC
General commercial (GC) zone district Industrial (I) zone district Agricultural (A) zone district Natural resources (NR) zone district Sp...
General categoryCOMMERCIAL
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
Dental Office22.0
Building Supply21.3

Location

1044 Kern St Taft, CA 93268
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
425 12th Ctr, Taft, CA 93268-3510 $40,000 Oct 2024 5,000 SF
499 Gardner Fld, Taft, CA 93268-9768 $1,550,000 Sep 2024 12,760 SF
301 Gardner Fld, Taft, CA 93268-9726 $1,625,000 May 2024 95,160 SF
801 Wood, Taft, CA 93268-4325 $790,000 May 2023 6,000 SF
305 Gardner Fld, Taft, CA 93268-9726 $1,225,000 Dec 2022 9,360 SF
1045 Kern, Taft, CA 93268-2740 $2,158,000 Feb 2022 8,000 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again