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Property profile & analytics
OFF-MARKET
Investment properties
329 Ctr St, Taft, CA 93268
Individually Owned
4-yr Hold
Free & Clear
Property ID
US10-2955106
Property summary
AI-generated overview
This exceptional 11,722 square foot, two-story commercial building presents a rare investment opportunity in Taft, California's historic downtown district. Located on a highly visible 0.15-acre corner lot at the intersection of two major thoroughfares, this property boasts unparalleled exposure for any business. The building features a unique basement addition, adding significant square footage and versatility. The expansive layout offers tremendous flexibility
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1922
Construction
WOOD
Total area
11,722 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C-2
APN
031-020-01-00-5
UPID
US10-2955106
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alfonso Ascencio Ordaz · 4 yrs held
Alfonso Ascencio Ordaz
since 2021
Last sale
$130,000
7 recorded transactions
Zoning & alternative use
C-2 · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Taft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taft submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,797
Tax year 2023
Assessed value
$142,171
Assessed 2023
Previous assessed
$142,171
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$16,403
Assessed improvement
$125,768
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
11,722 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C-2
APN
031-020-01-00-5
UPID
US10-2955106
Jurisdiction
KERN
Zoning & alternative use
C-2 · Taft, CA
Zoning C-2 · permitted uses
C-2 · Taft, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taft. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Alfonso Ascencio Ordaz
Individual
Free & Clear · 4 yrs held
Mailing address
5314 KETTLE DOME ST, BAKERSFIELD, CA 93307-7629
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2021
—
Alfonso Ascencio Ordaz
Alfonso Ascencio
Intrafamily Transfer
related
—
Apr 26, 2018
$130,000
Alfonso O Ascenclo
Fuentes Family Trust
Grant Deed
—
Dec 27, 2012
—
Fuentes Family Trust
Fuentes,gerardo
Quit Claim Deed
related
—
Apr 28, 2005
$131,000
Gerardo Fuentes
Larson,karen A
Grant Deed
—
Apr 28, 2005
—
Gerardo Fuentes
Fuentes,robin
Quit Claim Deed
related
—
Jan 14, 2005
$85,000
Karen A Larson
Wilson,oleta
Grant Deed
—
Mar 31, 1979
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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