For Sale
$12,360,000

Ca-156Salinas, CA 93907

340 Acres, Abundant Water, Highway Access

Overview

Added:
Feb 3
Days on market:
61
This exceptional 340.14-acre agricultural property in Salinas, CA, presents a unique investment opportunity. Located at the north end of the Salinas Valley, the ranch boasts a desirable cool coastal climate and excellent water resources, ideal for cultivating strawberries. Two irrigation wells, one newly developed in 2024, provide a combined capacity exceeding 2,000 gallons per minute. The land comprises predominantly fine sandy loam soils, known for their suitability in strawberry production and characterized by moderate drainage. The property's infrastructure includes strategically placed drainage culverts and retention ponds, minimizing erosion and safeguarding sensitive habitats. Its advantageous location offers convenient access to major transportation arteries, including Highway 156, Blackie Road, Highway 1, and Highway 101, ensuring seamless connectivity to Salinas and Watsonville's processing facilities. Currently leased to six tenants, with lease terms expiring between 2024 and 2026 (some with potential early termination options), this property offers immediate income potential and significant long-term growth prospects for both established strawberry growers and astute farmland investors. The property's size, water resources, soil quality, and strategic location combine to create a compelling investment opportunity in a thriving agricultural region.

Property Details for Ca-156

Property type
Lot Size (sq. ft)
14,816,498 SF

Location Insight

City
Salinas
County
Monterey
State
California
Latitude
36.67761
Longitude
-121.6559
Ca-156, Salinas, California

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Ca-156
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