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Property profile & analytics
OFF-MARKET Estimated value $3,115,000
Retail space

1076 Kern St Taft, CA 93268-2743

19,108 SF 1.58 ac lot Built 1986
Trust Owned 16-yr Hold Free & Clear
Property ID
US09-2642726
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction WOOD
Total area 19,108 SF
Lot 1.58 ac (68,824 SF)
Zoning code GC
APN 032-520-15-00-8
UPID US09-2642726
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rite Aid Pharmacy
  • Primo Water Refill Big Box & Wholesale Store
  • Western Union Bank Credit Union
  • higi Physician
  • Rite Aid Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.91M
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$3.12M
Owner & transaction history
Michaelson Steven A Trust · 16 yrs held
Michaelson Steven A Trust
since 2010
4 recorded transactions
2010
Price N/A
2009
Price N/A
2008
Price N/A
2002
Price N/A
Zoning & alternative use
GC · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

General commercial (GC) zone district Industrial (I) zone district Agricultural (A) zone district Natural resources (NR) zone district Specific Plan (SP) zone district (B) Determination Of Zone District Boundaries: 1. Wherever a lot or site is divided by a boundary between differing districts, the regulations applicable within each district shall apply to ea…

Zone name General Commercial
General category COMMERCIAL
Zone area 257.96 ac
Source 6-1-12: PLANNING COMMISSION:
Top alternative use upside
Medical building $4.0M +67.5%
Office building $3.7M +54.0%
Apartment house (5+ units) $2.9M +18.5%
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