www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23480886
23480888

1040 Kern St, Taft, CA 93268 For Sale

KC
CA CA 01096063
LA Realty Advisors
Listed by LA Realty Advisors
$1,190,000
423 days on market
Updated 166 days ago
Opportunity zone

2.09 Acre Taft, CA

Details
APN 032-520-20 & 14
Property Type Land
Sub Type Commercial
Pro-Forma Cap Rate 8.00%
Pro-Forma NOI $730,000
Acreage 2.090
Zoning CG
Ownership LDK Holdings LLC

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)

Listing Contacts

KC
CA CA 01096063
LA Realty Advisors
Listed by LA Realty Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kai Chon
License
CA 01096063
Brokerage
Kai Chon
Brokerage Phone
310-877-0888
Title
Managing Partner
Brokerage Address
877 Francisco Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591