8Th St Templeton, CA 93465
Investors and developers, seize this exceptional opportunity to acquire six contiguous commercial lots in Templeton, CA's vibrant central business district. This 1.03-acre parcel, situated on 8th Street, presents a unique chance to develop a significant commercial presence in this historic town. Each of the six lots measures 50 feet by 150 feet, offering considerable flexibility for a variety of commercial projects. The property boasts stunning eastward views of rolling hills and the Salinas River area, adding to its desirability and potential for high-end development. Previous approvals exist for a five-building commercial development, streamlining the permitting process. Two existing water meters are already in place, with three additional meters available for purchase (buyer to verify availability with the Templeton Community Services District). This prime location offers unparalleled access to the bustling downtown area, ensuring high visibility and foot traffic for any commercial venture. The combined lots provide a substantial footprint for a large-scale development or the potential for individual lot sales. Don't miss this rare chance to own a significant piece of Templeton's thriving commercial landscape. Act quickly, as opportunities like this are seldom available.
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
Similar Nearby for Lease
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.