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540 Old Natividad Road

Salinas, CA 93908
  • $1,700,000
  • STATUS: Active
  • ON SITE: 302 Days
  • ID#: ML81926884
UPDATED: 21 min ago
$1,700,000
  • 0
    BEDS
  • 26.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

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.

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Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-03-01T19:41:23.453.

www.swansonrealestate.com/homes/139196025
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540 Old Natividad Road Salinas, CA 93908

  • Price: $1,700,000
  • Status: Active
  • On Site: 302 Days
  • Updated: 21 min ago
  • ID#: ML81926884
0
Beds
0
Baths
0
½ Baths
26.3
Acres
Neighborhood:
Listing
County:
Monterey
Area:
Listing
Property Description
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.
Exterior Features

Lot Size Area 26.3 View City LightsMountain(s)Valley View YN Yes

Property Features

Association YN No Electric On Property YN Yes For Sale Or Rent For Sale Present Use 191585 Property Sub Type Comm Lots and Land Utilities Electricity Connected Zoning F/40

Contra Costa Association of Realtors logo Listing courtesy of Joe Piini of Piini Realty: .


Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-03-01T19:41:23.453.

 
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Livermore CA, 94550