540 Old Natividad Road, Salinas, CA 93908 - Berkshire Hathaway HomeServices California Properties
540 Old Natividad Road Salinas, CA 93908
$1,200,000 0 beds, 0 baths
0 sqft

Agent Remarks

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!

Listing Details

Property type: Agriculture (Lots/Land)
Status: Active Under Contract
MLS# ML81971394
List price is $1,200,000 Reduced by $200,000 on 4/17/2025
Beds: 0
Baths: 0
26.30 acres
Lot size: 26.3000
County: Monterey
Zoning: F/40
Lot description: Agricultural,Rolling Slope
MLS area: 699 - Not Defined

Last Updated: 6/1/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 36.732538, -121.593196.
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Listing Agent: Joe Piini
Lic#: 01234982
Office Name: Mission Viejo

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