DRE# 01867113
Tami Monasmith, DRE# 01867113 Phone: (831) 710-4464
Email: [email protected]
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listing
1 of 7
CommercialFor Sale
$1,700,000
540 Old Natividad Rd
Salinas, CA 93908
Listed by: Joe Piini from Piini Realty, 831-422-5327
MLS: MLSListings Inc.
Est. Mortgage
$8,875/mo

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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Based on information from the MLSListings MLS as of 04/28/2024 09:02 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Piini Realty is subject to verification and is not guaranteed.
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