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540 Old Natividad Rd

Salinas, CA 93908
  • $1,700,000
  • STATUS: Active
  • ON SITE: 303 Days
  • ID#: ML81926884
UPDATED: 45 min ago
$1,700,000
  • 0
    BEDS
  • 26.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

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 that are available to serve this property. In addition, this property has four AM radio towers that provide income of $5,127 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.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-03-02T20:49:39.64. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of California.
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540 Old Natividad Rd Salinas, CA 93908

  • Price: $1,700,000
  • Status: Active
  • On Site: 303 Days
  • Updated: 45 min ago
  • ID#: ML81926884
0
Beds
0
Baths
0
½ Baths
26.3
Acres
Neighborhood:
Creekbridge
County:
Monterey
Area:
Creekbridge
Property Description
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 that are available to serve this property. In addition, this property has four AM radio towers that provide income of $5,127 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.
Exterior Features

Fencing Barbed WireComplete Perimeter Lot Description Grade - Mostly LevelGrade - RollingViews View City LightsMountainsValley

Property Features

Additional Listing Info Not Applicable City Name SALINAS Cross Street Old Stage Rd Development Status Finished LotImprovements - Other Horse Property YN Possible Lot Size Area Maximum 1145628.00 Present Use Bare LandPasture Property Sub Type Commercial Agricultural Land Sewer Septic Other Utilities Electricity - On SiteGas - Not On Site Water Water Available at Street Zoning F/40

Listing provided courtesy of Joe Piini of Piini Realty: 831-422-5327.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-03-02T20:49:39.64. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of California.
Website powered by BoomTown.
 
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Compass
6th Avenue, 2SW of San Carlos St
Carmel CA, 93921