Address not disclosed, Salinas, CA 93907
Address not disclosed, Salinas, CA 93907
Address not disclosed, Salinas, CA 93907
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$9,250,000
Est. payment /mo
272 Acres Lot
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Key Details

Property Type Commercial

Sub Type Comm Lots and Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82047436

HOA Y/N No

Lot Size 272.000 Acres

Property Sub-Type Comm Lots and Land

Property Description

The Espinosa Ranch is located at the north end of the Salinas Valley in the Boronda-Espinosa Farming District. This area is approximately 5.5 miles west of the Monterey Bay and is characterized by its rolling topography, clay loam soils, and a cool coastal growing environment ideal for growing strawberries, lettuce, and many other vegetable crops that thrive under the summers coastal marine layer. The ranch has a gross acreage of 265 acres with 194 usable acres. The usable acreage is commercially farmed and divided into multiple blocks with the additional acreage available for possible expansion of 20+/- acres that have historically been farmed for artichokes, pumpkins and other single-season crops. Water is provided by the Castroville Seawater Intrusion Project (CSIP) and distributed by high pressure PVC lines. While the ranch is currently farmed for strawberries with a vegetable rotation, the lease runs through the 2026 season with an opportunity for an owner-grower for the 2027 growing season. The property is enrolled in a Farmland Security Zone Contract which provides significant tax benefits upon a sale.

Location

State CA

County Monterey

Zoning F/40

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected

Building

New Construction No

Others

Tax ID 253011006000


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Bridge MLS
Listed by Joe Piini • Piini Realty

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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