600 Center StTaft, CA 93268

Property Details for 600 Center St

Year built

1965

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

1,174 SF

Zone code

GC

Property type

Automotive properties

APN

031-190-11-00-4

APU

3119011004

Description

This ±1,174 square foot retail building, located at 600 Center St, Taft, CA 93268, presents a compelling investment opportunity. Priced at $195,000 ($166.10/SF), this single-story structure sits on a ±0.22-acre lot and benefits from a highly visible corner location at Center St & 6th St, offering excellent street frontage. Previously used as an auto detailing shop, the interior boasts an open layout and is in well-maintained condition, allowing for easy adaptation to a variety of uses. The property features ample on-site parking, supplementing the street parking available. The zoning is DC - Downtown Commercial. The building's convenient location is situated between CA-33 and CA-119, serving a population of approximately 20,480 residents within a 10-mile radius. The property is currently vacant, offering immediate occupancy for owner-users or significant upside potential for leasing. The site is fully improved with a concrete slab. The APN is 190-11-00-4. This freestanding building offers a strong presence and is surrounded by quality tenants. Adjacent properties are also available for purchase. This is an exceptional opportunity to acquire a well-maintained retail space in a desirable Taft location.

• CAP approach

  CAP return

  Valuation

  6%

  $493,509

  6.5%

  $455,547

  7%

  $423,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $562,585

  Geo Method

  $562,585

• Alternative Use

  Use

  Valuation

  Residential

  $384,271

  Hospitality

  $351,990

  Educational

  $292,852

  Medical

  $302,923

  Retail

  $455,547

Location Insight

City

Taft

County

Kern

State

California

Latitude

35.1418

Longitude

-119.461

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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