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Property profile & analytics
OFF-MARKET
Commercial real estate

8Th St Templeton, CA 93465

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 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.

Property profile
Verified
Property type Commercial real estate
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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