Property profile

531 Ctr St Taft, CA 93268

OFF-MARKET
Other automotive properties
Property ID
US09-2933494
12,000 SF 0.29 ac lot Built 1913
Individually Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a single automotive-focused commercial building that was previously used as a Chrysler dealership, with approximately 12,000 square feet configured for automotive operations and approximately 1,500 square feet designated as retail space. It sits on a hard corner, providing street-front access from two directions, and is positioned for convenient travel between CA-33 and CA-119. The building had a roof replacement and installed coolers in 2024. The site includes retail space and automotive business space within the same structure and is located in a population area described as having approximately 20,480 residents within a 10-mile radius. Additional adjacent hard-corner properties are available, with the site configuration allowing for the possibility of acquiring multiple corner parcels together.

Property profile

Verified
Property type Other automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1913
Construction WOOD
Total area 12,000 SF
Lot 0.29 ac (12,632 SF)
Zoning code C-2
APN 031-060-01-00-7
UPID US09-2933494

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
  • Auto Repair Shop

Location

531 Ctr St Taft, CA 93268-3108
Taft metro Census 3500 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2017
5 recorded transactions
2017
$300,000
2015
Price N/A
2004
Price N/A
1995
$23,500
1993
$90,000

Zoning & alternative use

C-2 · 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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