For Sale
$16,775,000

0 San Juan Grade RdSalinas, CA 93906

670 Acres, Fully Leased Strawberry Farm

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: a 670.3-acre agricultural property located north of the San Juan Grade Road and Herbert Road intersection in Salinas, CA, 93906. This fully leased farm currently produces strawberries, boasting approximately 571.46 farmable acres. The property features a south-facing slope with a rolling terrain, inclines ranging from 2% to 15%, and is situated within the Monterey County Water Resources Agency, specifically the Salinas Valley Basin GSA – Langley Area and Salinas Valley Basin GSA – East Side Aquifer. Four wells and one reservoir provide ample water resources. Detailed soil information is available upon request. The property is comprised of nine separate parcels with Monterey County APNs: 125-291-014, 125-291-055, 125-291-016, 125-291-018, 125-291-017, 125-291-015, 113-212-073, 125-291-051, and 125-291-052. Note that the Sustainable Groundwater Management Act (SGMA) mandates groundwater basin sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020, which may impact groundwater pumping. Further details on SGMA can be found at the provided website. This lucrative investment presents a strong return with a long-term lease in place. Asking price: $16,775,000.

Highlights

  • $16,775,000 asking price.
  • 670.3-acre agricultural property located near the intersection of San Juan Grade Road and Herbert Road in Salinas, CA.
  • Approximately 571.46 acres are farmable.
  • Currently planted in strawberries and fully leased.
  • Four wells and one reservoir provide water; property is within the Monterey County Water Resources Agency and the Salinas Valley Basin GSA.
  • Monterey County APNs: 125-291-014, 125-291-055, 125-291-016, 125-291-018, 125-291-017, 125-291-015, 113-212-073, 125-291-051, and 125-291-052.

Property Details for 0 San Juan Grade Rd

Property type
Land, Farms
Lot Size (sq. ft)
29,198,268 SF

Location Insight

City
Salinas
County
Monterey
State
California
Latitude
36.759606142853
Longitude
-121.61573941885
San Juan Grade Rd, Salinas, California

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0 San Juan Grade Rd
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