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540 Old Natividad
Salinas, CA 93908
Old Natividad Ranch · Land For Sale · 26.30 AC
PROPERTY FACTS
Property Type | Land | Total Lot Size | 26.30 AC |
Property Subtype | Agricultural | Cross Streets | Old Stage Rd |
Property Type | Land |
Property Subtype | Agricultural |
Total Lot Size | 26.30 AC |
Cross Streets | Old Stage Rd |
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.
zoning
Zoning Code | F/40 |
F/40 |
Learn More About Investing in Land
Listing ID: 28387291
Date on Market: 5/3/2023
Last Updated:
Address: 540 Old Natividad, Salinas, CA 93908
The Land Property at 540 Old Natividad, Salinas, CA 93908 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.