8Th St Templeton, CA
Investors and developers, seize this exceptional opportunity to acquire six contiguous commercial lots in Templeton, CA's vibrant central business district. This prime 1.03-acre parcel, situated on 8th Street, presents a unique chance to develop a significant commercial project. Each lot measures 50 feet by 150 feet, offering considerable flexibility for various commercial ventures. The property boasts stunning eastward views of the rolling hills and the Salinas River area, adding to its desirability. Previous approvals exist for a five-building commercial development, streamlining the permitting process. Infrastructure is partially in place, with two existing water meters and three additional meters available for purchase (buyer to verify availability with the Templeton Community Services District). This exceptional offering represents a rare chance to own a substantial piece of Templeton's historic downtown, ideal for those seeking a high-impact commercial investment or development project. The property's central location and development history make it an attractive proposition for a variety of commercial uses. Act quickly to secure this exceptional opportunity. The asking price is $799,000.
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.