$1 Auction 3.7 Acres, 2 Parcels

Land Description

Investment Highlights

±3.7 Acres on Two Parcels Adjacent to Dollar General in Taft, Ca

Signalized Hard Corner of Gardner Field Rd and Taft Highway Nearby with ±6,986 VPD Combined Traffic Counts

8.19% Population Growth from 2020-2025 and 2.78% Growth Projected from 2025-2030 (5-Mile Radius)

Demand Drivers Nearby: Taft-Kern County Airport, Taft College, Albertsons, Tractor Supply Co, Dollar Tree, Burger King, Dollar General, Sears Home Services, and more

Attractive Demographics with $70,388 Average Household Income and ±19,553 Individuals (5-Mile)

Zoned GC, General Commercial District with a Variety of Permitted Uses

Absolute $1 Auction - NO Reserve

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a fee simple interest in ±3.7 acres of commercial land adjacent to 450 Gardner Field Road in Taft, California 93268 (the “Parcels or Property”). Offered at auction, the Property represents a compelling opportunity for investors, developers, or owner-users to acquire a well-located development site adjacent to a Dollar General. First BID Meets Reserve.

The Property consists of a ±1.35-Acre parcel west of Dollar General and a 2.35-Acre parcel east of Dollar General. The Parcels benefit from excellent frontage along Gardner Field Road with traffic counts of 1,961 vehicles per day and near the signalized intersection with Taft Highway (±5,025 Vpd), providing strong visibility and accessibility. Zoned GC, General Commercial, the Property offers flexible zoning that accommodates a broad range of retail, service, and commercial uses.

Taft, California is a Kern County submarket with deep roots in the energy sector, positioned along State Route 33 roughly 35 miles southwest of Bakersfield. The market is best understood as a historically important commercial node serving the surrounding oil-producing region, while also benefiting from Kern County's broader economic base in energy, agriculture, logistics, and advanced manufacturing. For commercial real estate investors unfamiliar with the area, Taft offers exposure to a specialized Central California submarket tied to legacy energy production and the larger Kern County economy. As one of Kern County's most established retail nodes, the area is supported by a concentration of retailers including Dollar General, Tractor Supply Co, Dollar Tree, Burger King, Sears Home Services, Albertsons, and more. Higher education demand is anchored by Taft College, a California Community College with 5,723 student enrollments. The immediate trade area is further anchored by government offices, local schools, and municipal services that generate consistent daytime activity and year-round consumer demand, positioning the Property. The surrounding ±10-Mi trade area is home to ±19,553 residents with an average household income (Ahhi) of ±$70,388. The population has experienced 8.19% growth from 2020-205 with 2.78% growth expected to continue through 2030.