540 Old Natividad RD Active

Salinas,CA 93908

$ 1400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81971394

HOA Y/N No

Lot Size 26.300 Acres

Property Description

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!

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning F/40

Interior

Fireplace No

Exterior

Fence Barbed Wire

Utilities Available Natural Gas Not Available,Electricity Available

View Y/N Yes

View Hills,Valley

Building

Lot Description Agricultural,Rolling Slope

Sewer Other

Schools

School District Other

Others

Tax ID 211041013

Special Listing Condition Standard

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