Listing by: Joe Piini, Piini Realty
0 Beds
n/a Full bath
n/a SqFt
Active
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!
Property Details | ||
---|---|---|
Price | $1,400,000 | |
Lot Size Area | 1145628 | |
Lot Size Area Units | Square Feet | |
Acres | 26.3 | |
Property Type | Land | |
Sub type | Agriculture | |
MLS Sub type | Agriculture | |
Features | Electricity Available,Natural Gas Not Available | |
View | Hills,Valley | |
Lot Description | Agricultural,Rolling Slope | |
Geographic Data | ||
County | Monterey | |
Latitude | 36.73253796 | |
Longitude | -121.59319637 | |
Market Area | 699 - Not Defined | |
Address Information | ||
Address | 540 Old Natividad Road, Salinas, CA 93908 | |
Postal Code | 93908 | |
City | Salinas | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Piini Realty | |
Listing Agent | Joe Piini | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 24 | |
MLS Status | Active | |
Listing Date | Jun 28, 2024 | |
Listing Last Modified | Oct 9, 2024 | |
Tax ID | 211041013 | |
MLS Area | 699 - Not Defined | |
MLS # | ML81971394 |
This information is believed to be accurate, but without any warranty.