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.
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