Property profile

415 12th Ctr St Taft, CA 93268

OFF-MARKET
Retail space
Property ID
US09-3401623
882 SF 0.04 ac lot Built 1920
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 415 Center Street in Taft, California, presents a fantastic opportunity for entrepreneurs and investors alike. Priced competitively at $190,000, this property offers significant potential for a variety of commercial uses. Situated on a conveniently sized 0.04-acre lot, the building's square footage is currently undetermined, requiring further investigation by prospective buyers. The property's "ready to go" condition suggests minimal immediate renovation needs, allowing for a swift transition into occupancy and operation. Its central Taft location offers excellent visibility and accessibility, making it an ideal spot for a business seeking high foot traffic or convenient access to major transportation routes. The property's versatility makes it suitable for a range of commercial ventures, from retail spaces to small offices or service-based businesses. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their specific business needs. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Taft, CA market at an attractive price point. Don't miss out on this chance to establish or expand your business in a prime location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 882 SF
Lot 0.04 ac (1,742 SF)
Zoning code D-C
APN 031-040-05-00-3
UPID US09-3401623

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation

Location

415 12th Ctr St Taft, CA 93268-3510
Taft metro Census 3500 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2024
7 recorded transactions
2024
$75,000
2024
Price N/A
2023
$45,000
2023
Price N/A
2022
$47,500
2022
Price N/A
2013
$34,500

Zoning & alternative use

D-C · Taft, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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