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$1,400,000
Est. payment /mo
26.3 Acres Lot
UPDATED:
01/01/2025 04:46 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81971394
HOA Y/N No
Lot Size 26.300 Acres
Acres 26.3
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 Listing
Zoning F/40
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected
View Y/N true
View Hills, Valley
Building
Lot Description Agricultural, Horses Possible, Mostly Level, Rolling Slope
New Construction No
Schools
School District Salinas Union High
Others
Tax ID 211041013
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Listed by Joe Piini • Piini Realty
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122