Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    503 Harrison St Taft, CA 93268-1601
    Back to Search
    Property profile & analytics

    503 Harrison St, Taft, CA 93268-1601

    View on Map
    • Commercial real estate
    • 340 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US09-3731027
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 503 Harrison St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Zone code
    C-2 D
    Property type
    Commercial real estate
    APN
    199-104-06-00-4
    APU
    19910406004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 8, 2019 — Leonardo Sanchez De Sanchez,alejandrina P Quit Claim Deed · related —
    Apr 23, 2015 — Alejandrina P De Sanchez Sanchez Larry Quit Claim Deed —
    Jan 24, 2014 $20,000 Larry Sanchez Duke,terrie J Grant Deed —
    Aug 2, 2010 — Terri J Duke Smalley,kim D Grant Deed · related —
    Jan 10, 2008 — Allan W Fickle Fickle Joe W Trust Quit Claim Deed —
    Nov 14, 2006 — Fickle Joe W Trust Fickle,joseph W Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Taft
    County
    Kern
    State
    California
    Longitude
    -119.457
    Latitude
    35.1579
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,354
    $17,323
    $5,771
    $23,094
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      582.16 Acres

      CA-33 & Gardner Fld Rd

      Land
      CA-33 & Gardner Fld Rd, Taft, CA 93268
      View Details
    • Value Estimation by Request

      28194 Chaparral Ave

      Manufacturing properties
      28194 Chaparral Ave, Taft, CA 93268
      View Details
    • Value Estimation by Request
      631.59 Acres

      Gardner Field Rd

      Land
      0 Gardner Field Rd, Maricopa, CA 93268
      View Details
    • Value Estimation by Request
      2.09 Acres

      1040 Kern St

      Land
      1040 Kern St, Taft, CA 93268
      View Details
    • Value Estimation
      $690,000
      8,158 SF

      Taft, CA 93268

      COMMERCIAL (GENERAL)
      Taft, CA 93268
      View Details
    • Value Estimation
      $1,550,000
      12,760 SF

      499 Gardner Fld Rd

      SHOW ROOM, WAREHOUSE
      499 Gardner Fld Rd, Taft, CA 93268-9768
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,860 SF

      Versatile Industrial Warehouse/Office Property

      10,860 SF industrial warehouse/office on 2.01 acres.
      1587 Kern St, Taft, CA 93268
      View Details
    • $55,000
      0.14 Acres

      Residential Lot in Taft, CA

      Residential lot with utilities and fencing in Taft, CA.
      411 Rose Ave, Taft, CA 93268
      View Details
    • $289,900
      1.00 Acre

      Residential Land in Taft, CA

      Three gated acres of residential land zoned for animals.
      28189 Clydesdale Ave, Taft, CA 93268
      View Details
    • Contact for pricing

      Commercial Land Near Dollar General

      Commercial land parcels available, adjacent to Dollar General.
      450 Gardner Field Rd, Taft, CA 93268
      View Details
    • Contact for pricing
      10,860 SF

      Versatile Industrial Warehouse Near Taft

      10,860 SF warehouse/office on 2.01 acres, zoned M-1.
      1587 Highway 33, Taft, CA 93268
      View Details
    • Contact for pricing
      1,807 SF

      Retail Building with Private Parking

      1,807 SF retail building with leasing potential.
      528 Center St, Taft, CA 93268
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space on Taft's Main

      Commercial space with great visibility, ready for immediate occupancy.
      209 Center St, Taft, CA 93268
      View Details
    • $700 /Mo
      4,792 SF

      Downtown Taft Retail Storefront

      Prime retail space in downtown Taft ready for new occupant.
      409 Center St, Taft, CA 93268
      View Details
    • Contact for pricing

      325 Gardner Field Rd, Taft, CA 93268

      Retail space
      325 Gardner Field Rd, Taft, CA 93268
      View Details
    • Contact for pricing

      M3 Heavy Industrial Zoned Property

      Ideal for manufacturing, logistics, warehousing, and transportation operations.
      19885 S Lake Rd, Taft, CA 93268
      View Details
    • Contact for pricing
      19,120 SF

      Retail Anchor Space Available

      19,120 SF anchor space in Taft Hills Plaza.
      1044 Kern St, Taft, CA 93268
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    503 Harrison St
    Taft, CA 93268-1601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    503 Harrison St, Taft, CA, 93268
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!