Property Details
About this Property
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!
MLS Listing Information
MLS #
ML81971394
MLS Source
MLSListings, Inc.
Days on Site
60
Lots & Land Information
Development Status
Finished Lot, Improvements - Other
Existing Structures
MiscellaneousStructures
Fencing
BarbedWire, CompletePerimeter
Lot Description
Agricultural Use, Grade - Mostly Level, Grade - Rolling
Present Use
Bare Land, Other, 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
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
540 Old Natividad Rd is in Salinas, CA 93908. This Land is currently priced at $1,400,000. This address can also be written as 540 Old Natividad Rd, Salinas, CA 93908.
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This listing information is up-to-date as of October 09, 2024. For the most current information, please contact Joe Piini, (831) 422-5327
