1055 Rossi Rd Templeton, CA 93465
This exceptional 12,030-square-foot vacant office building, located at 1055 Rossi Rd, Building B, Templeton, CA 93465, presents a unique investment opportunity. Currently zoned Commercial Retail (CR), this property boasts a finished pad and architectural drawings for a shell building with covered parking. The plans, currently under plan check, detail approximately 12,030 square feet, including the covered parking. A significant advantage is the inclusion of a building permit for the site and shell, valued at $150,000 and holding an 18-month vested design. Traffic fees have already been paid, simplifying the development process. Utility infrastructure is in place, with up to four water and one sewer unit currently available, with potential for additional sewer units. The property offers convenient access to US 101 and enjoys a prime location next to a Trader Joe's, ensuring high visibility and accessibility. The asking price is $1,450,000. Parking is provided at a ratio of one space per 350 square feet. This property is ideal for developers or investors seeking a turnkey project with significant value already invested.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.