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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Commercial land
221 Main St Templeton, CA 93465-9482
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5449739
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.52 ac (66,211 SF)
Zoning code
REC
APN
040-216-001
UPID
US09-5449739
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
Current use
Occupant on record · Public records
-
Davis Pipe Co Factory Metal Fabrication Plant
-
One More Time Inc Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Charlotte Gilbert LLC · 5 yrs held
Charlotte Gilbert LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
REC · Templeton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Templeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Templeton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,070,000
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.00M (Jun 6 2025)
Last sale anchor
$1.00M
Jun 6 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,649
Tax year 2024
Assessed value
$1,061,208
Assessed 2024
Previous assessed
$1,061,208
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,061,208
Applied tax rate
126.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.52 ac (66,211 SF)
Zoning code
REC
APN
040-216-001
UPID
US09-5449739
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
REC · Templeton, CA
Zoning REC · permitted uses
REC · Templeton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Templeton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.52 ac
Current owner
From public records · entity-resolved
Charlotte Gilbert LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1973 VALLE VIS PL, SAN LUIS OBISPO, CA 93405-4754
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2020
$1,000,000
Charlotte Gilbert LLC
Sphere Partners INC
Grant Deed
—
Aug 24, 2018
$525,000
Sphere Partners INC
Mi Creekside LLC
Grant Deed
$350,000 · Brian Goodell
Jul 12, 2017
—
Mi Creekside LLC
—
Loan Modification
related
$20,848,094 · Bank Of The West
Jul 29, 2016
—
Mi Creekside LLC
—
Grant Deed
related
$18,838,910 · Bank Of The West
Aug 15, 2014
—
Mi Creekside LLC
Templeton Properties
Grant Deed
—
—
—
Templeton Properties
—
Deed Of Trust
related
$2,000,000 · Ipdc Construction INC
—
—
Templeton Properties
—
Deed Of Trust
related
$300,000 · Branch Clifford Trust
—
—
Templeton Properties
—
Deed Of Trust
related
$100,000 · Branch Clifford Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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