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    Property profile & analytics
    FOR SALE
    Commercial land

    528 Center St, Taft, CA 93268

    1,807 SF 0.51 ac lot Built 1930
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US09-0331359
    Property summary
    AI-generated overview

    This ±1,807 square foot retail building presents a compelling investment opportunity in Taft, California. Located at 528 Center Street, this single-story, freestanding structure sits on a sizable ±0.505-acre lot, offering ample private parking and excellent street visibility at the corner of Center Street and 6th Street. The property boasts a Downtown Commercial (DC) zoning designation, providing flexibility for a variety of uses. The asking price is $150,000, translating to $83.01 per square foot. The building's interior is adaptable, allowing for customization to suit the needs of the next occupant, whether owner-user or tenant. The property features four exterior pole lights and benefits from its convenient location between CA-33 and CA-119, serving a population of approximately 20,480 residents within a 10-mile radius. The property's strong presence is further enhanced by its proximity to quality tenants. This is a rare opportunity to acquire a well-positioned retail space with significant upside potential in a thriving community. The Assessor's Parcel Number (APN) is 031-070-17-00-8. This is a single-unit building.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1930
    Construction WOOD FRAME
    Total area 1,807 SF
    Lot 0.51 ac (21,999 SF)
    Zoning code C-2
    APN 031-070-14-00-8
    UPID US09-0331359
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Billy R Messenger JR · 9 yrs held
    Billy R Messenger JR
    since 2017
    4 recorded transactions
    2017
    $300,000
    2015
    2001
    $60,000
    1980
    $20,000
    Zoning & alternative use
    C-2 · Taft, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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