taft Commercial Real Estate 0 Listings

Taft: A Premier Destination for Commercial Real Estate

Introduction

The city of Taft, located in California's Kern County, presents a compelling opportunity for commercial real estate investment. With a population size that supports a vibrant local economy, Taft is primarily driven by industries such as oil and gas, agriculture, and renewable energy. Its unique positioning within the region offers strategic advantages for commercial real estate (CRE) investors seeking opportunities in office, industrial, and retail spaces.

Economic and Industry Overview

Taft's economy is anchored by the oil and gas industry, with numerous extraction and refining operations in the vicinity. This industrial focus creates a continuous demand for industrial and office spaces. Additionally, the city's proximity to California's vast agricultural lands and emerging renewable energy projects further contribute to its CRE appeal. The Kern Economic Development Corporation actively promotes the region's growth, supporting initiatives that enhance infrastructure and attract diverse industries.

Strategic Location and Transportation Infrastructure

Taft benefits from its strategic location near major transportation routes. The city is accessible via State Route 33 and State Route 119, connecting it to larger markets and logistical hubs. While Taft does not have its own airport, it is within driving distance to the Meadows Field Airport in Bakersfield, enhancing its logistical appeal. The city's transportation infrastructure supports efficient distribution channels and access to a skilled labor pool. For more details, visit the California Department of Transportation.

Commercial Real Estate Inventory & Zoning

Taft's CRE market is segmented into several submarkets, including the Central Business District (CBD) and industrial corridors. Key asset classes in Taft include industrial warehouses, retail spaces, and office buildings. The city encourages development through zoning incentives and overlays, facilitating growth in designated areas. For zoning information and parcel viewers, refer to the City of Taft Zoning Map.

Major Employers and Institutions

Significant employers in Taft include the energy sector giants like Chevron and local educational institutions such as Taft College. These entities drive demand for commercial spaces, particularly in office and retail sectors. For a comprehensive list of major employers, visit the Taft Economic Development Department.

Notable Commercial Developments & Projects

Recent developments in Taft include mixed-use projects that combine retail, office, and residential spaces. The city's involvement in Opportunity Zones offers attractive incentives for investors. For more information on ongoing projects, visit the Taft Planning Department.

Building Permits, Planning, and Development Tools

Investors can access essential resources through the city's development tools:

Market Data & Economic Reports

Taft's market data can be explored through public datasets such as Census.gov and the city's open data portals. Brevitas leverages AI-powered aggregation from these public sources and internal insights, offering users valuable dashboards for market analysis. Explore Brevitas-powered dashboards for Taft here.

Why Use Brevitas for Taft CRE?

Brevitas stands out in the CRE marketplace with its AI-driven discovery and real-time market alerts. Our platform supports smart property pages and dealroom collaboration, offering:

Auto-generated listing pages
Email and landing page tools
Integration with brokers and developers
Exclusive listings and premium exposure

For those seeking to explore Taft's CRE market, Brevitas provides unparalleled access and insights, positioning itself as the go-to partner for investors and brokers.