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Property profile & analytics
OFF-MARKET
Industrial properties

8Th St Templeton, CA

1.03 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Lot 1.03 ac (44,867 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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