Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway 41 Templeton, CA 93465
    Property profile & analytics

    Highway 41, Templeton, CA 93465

    View on Map
    • Land
    • 120.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 41

    Lot size
    120.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 120-acre property in Templeton, California, presents a unique investment opportunity. Located at 0 E. Hwy 41, APN 034-451-009, this expansive land boasts varied topography and breathtaking panoramic views of the Paso Robles and Atascadero Mountains. The property is zoned AG/RESIDENTIAL, offering diverse development possibilities, including a dream home, winery, horse estate, farm, orchard, vineyard, or even a cannabis or hemp production facility. Additional permitted uses include a campground, vacation rental, or bed and breakfast. Infrastructure is in place with a completely fenced perimeter, graded roads, a buildable pad, a Certificate of Compliance, and a completed Cal Trans approach. Convenient access is provided via a 40-foot-wide private road, with power readily available on an adjacent parcel. Significant property tax savings are achievable through the Williamson Act. Enjoy the mild Central Coast climate, stunning oak trees, and proximity to the beaches of Morro Bay and San Luis Obispo. The asking price is $975,000, and seller financing is available. This is a rare chance to acquire a substantial piece of California real estate in the heart of wine country.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Templeton
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.61
    Latitude
    35.5055

    Comparable in this City

    • Value Estimation by Request
      23.76 Acres

      115 Booker Rd

      Farms
      115 Booker Rd, Templeton, CA 93465
      View Details
    • Value Estimation by Request
      125.00 Acres

      Cypress Mountain Rd

      Farms
      0 Cypress Mountain Rd, Templeton, CA 93465
      View Details
    • Value Estimation by Request
      39.49 Acres

      10443 Dover Canyon Rd

      Farms
      10443 Dover Canyon Rd, Templeton, CA 93465
      View Details
    • Value Estimation by Request
      906 SF

      7625 York Mtn Rd

      WINERY
      7625 York Mtn Rd, Templeton, CA 93465-9377
      View Details
    • Value Estimation by Request
      2,400 SF

      4671 El Pomar Rd

      WINERY
      4671 El Pomar Rd, Templeton, CA 93465-8398
      View Details
    • Value Estimation by Request
      2,390 SF

      333 Lupine Ln

      WINERY
      333 Lupine Ln, Templeton, CA 93465-8564
      View Details

    Similar Nearby for Sale

    • $850,000
      125.00 Acres

      Cypress Mountain Ranch: 126 Acres

      Secluded California Ranch, Stunning Views
      0 Cypress Mountain Rd, Templeton, CA 93465
      View Details
    • Contact for pricing

      Paso Robles Vineyard Land

      Rare 281-acre Paso Robles land with vineyard potential.
      115 Los Robles Rd, Templeton, CA 93465
      View Details
    • Contact for pricing

      Paso Robles Vineyard Land

      Rare 281-acre vineyard opportunity in Paso Robles, California.
      1795 Las Tablas Rd, Templeton, CA 93465
      View Details
    • Contact for pricing

      120-Acre Ranch Estate Opportunity

      Expansive ranch estate in Templeton, California's wine country.
      Highway 41 E, Templeton, CA 93465
      View Details
    • $838,000
      119.00 Acres

      120-Acre Ranch Estate in Templeton

      Expansive ranch estate with development potential in wine country.
      Highway 41 E, Templeton, CA 93465
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,877 SF

      Medical Office Space Available

      Medical office condo for rent in established medical hub.
      325 Posada Ln, Templeton, CA 93465
      View Details
    • Contact for pricing

      Retail Space in Vineyard Center

      Retail space for lease in Templeton, California's wine country.
      1111-1115 Rossi Rd, Templeton, CA 93465
      View Details
    • Contact for pricing
      1,272 SF

      Medical Office Condo Near Hospital

      Medical office condo for lease near Twin Cities Hospital.
      1105 Las Tablas Rd, Templeton, CA 93465
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 41
    Templeton, CA 93465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Highway 41, Templeton, CA, 93465
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!