Homes for sale - 540 Old Natividad RD, Salinas, CA 93908

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Joe Piini • Piini Realty

$1,200,000

Est. payment - /mo

26.3 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Agriculture/Ranch Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81971394

Originating Board MLSListings, Inc.

Lot Size 26.300 Acres

Property Sub-Type Agriculture/Ranch Land

Property Description

Back on the market at an aggressively reduced price! The Old Natividad Ranch offers an opportunity to develop 26.3 acres into a productive berry ranch at the base of the Gabilan Range. With nearly level to gently sloping soils that are typically used for berry production, this property has both irrigation water and domestic water available from Alco Water Co, which has potable and non-potable water lines along Old Natividad Rd. In addition, this property has four AM radio towers that provide a passive income of $5,332 per month. The towers are leased into 2028 with 4% annual increases, but with a 13-month early termination clause that will enable a buyer to receive income while the ground is being prepared for strawberry production or a multitude of other uses!

Location

State CA

County Monterey

Area Creekbridge

Zoning F/40

Exterior

Fence Barbed Wire, Complete Perimeter

Utilities Available Electricity - On Site, Gas - Not On Site

View Hills, Valley

Building

Lot Description Agricultural Use, Grade - Mostly Level, Grade - Rolling, Views

Sewer Other

Water Water Available at Street

Others

Tax ID 211-041-013

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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540 Old Natividad RD Salinas, CA 93908

JLee Broker

Key Details

Location

Exterior

Building

Others

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