2.09 Acre Taft, CA
Land | 2.09 acres
Marketing description
LA Realty Advisors is pleased to present 2.09 acres of undeveloped shovel ready land located adjancent to the Taft Hills Plaza Shopping Center as the Address of 1040 Kern St, Taft, CA 93268. Although it is being offered for sale by the owners, they are open to building-to-suite or ground lease. The Property is a approx. 2.09 acre parcel shadow to Taft’s only grocery-anchored shopping center. The Property is well positioned with visibility and frontage on West Side Highway and benefits from traffic counts of 12,131 vehicles per day. The property is in Taft’s dominant retail corridor near a mix of residential, educational, and retail demand generators. Nearby retailers include Albertson’s, Rite Aid, Subway, Family Dollar, Anytime Fitness, Auto Zone, Mc Donald’s, Starbucks, Jack in the Box, Taco Bell, and more. The Property is situated across from Taft Union High School and Taft College, a 100-year-old school with over 5,700 students enrolled. The Property benefits from GC zoning, Gerneral Commerical District, with flexible uses permitted including retail, professional office, mini-storage, restaurantm and many more. Taft is a city in Kern County, located in the San Joaquin Valley approximately 30 miles southwest of Bakersfield. Historically an oil town, Tafthas long been associated with the energy sector, particularly petroleum extraction and refining. While oil continues to play a key role in the local economy, the city is gradually diversifying, offering opportunities in industrial, logistics, and residential develpment. This property’s location offers excelletn real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2024 population of +/-17,035 residents and an average annual household income of +/-56,379 within 5-mile radius. The population has experienced 8.4% growth from 2020-2024 with 1.47% growth expected over the next five years.
Investment highlights
Approx. 91,000 SF (2.09 Acre) Albertsons & Rite Aide theTaft Plaza Hills Sopping Center Adjacent Parcel within Dominent Retail Corridor in Taft, CA
Neary National Retailers Include Subway, Family Dollar, Anytime Fitness, Auto Zone, McDonald’s, Starbucks, Jack in the Box, Taco Bell, and More.
Near Signalized Intersection with Combined Traffic Counts of +/- 21,514(West Side Hwy & N 10th St)
Favorable GC Zoning (General Commercial) with Flexible Uses Permitted Including Mini-Storage, Retail, Office, Restaurant, and More.
Attactive Demographic with 5-Mile Population of +/-17,035 Individuals and Annual Household Income of +/- $56,379
8.4% Population Growth from 2020-2024 and Future Growth Projected from 2024-2029(5-Mile Raidus)
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