30 Templeton, CA 93465
This exceptional commercial real estate opportunity presents two vacant, contiguous lots totaling 0.85 acres in the heart of downtown Templeton, California. Both parcels boast prime Main Street frontage, offering unparalleled visibility and accessibility. The property is ideally situated for a variety of commercial ventures, capitalizing on Templeton's burgeoning growth and vibrant community. Currently, a temporary firework stand occupies the site, but it will be removed after July 2023, making the lots immediately available for development. The ground lease is priced at $0.18 per square foot, offering attractive terms for investors and builders. Templeton's thriving downtown area features a mix of established businesses and new developments, including a hospital, medical offices, Trader Joe's, multiple gas stations (with a third under construction), a boutique hotel currently being built, and numerous acclaimed restaurants. The town's proximity to wineries, tasting rooms, and a weekend farmers market further enhances its appeal. Conveniently located east of Highway 101 with three nearby exits, this property offers easy access to Paso Robles and Atascadero. The ongoing residential development in the area underscores Templeton's strong growth potential, making this a truly unique investment opportunity. Summit terms are 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.