Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81926884
MLS Source
MLSListings, Inc.
Days on Site
149
Buyer's Brokerage Compensation*
2.50
Lots & Land Information
Development Status
Finished Lot, Improvements - Other
Existing Structures
MiscellaneousStructures
Fencing
BarbedWire, CompletePerimeter
Lot Description
Grade - Mostly Level, Grade - Rolling, Views
Present Use
Bare Land, Pasture
Utilities
Gas - Not On Site
Parking, School, and Other Information
Elementary District
Santa Rita Union Elementary
High School District
Salinas Union High
Sewer
Other
Zoning
F/40
Nearby Homes for Sale
540 Old Natividad Rd is in Salinas, CA 93908. This Land is currently priced at $1,700,000. This address can also be written as 540 Old Natividad Rd, Salinas, CA 93908.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of August 24, 2023. For the most current information, please contact Joe Piini, (831) 422-5327
