126120 Monterey Salinas Highway

    Salinas, CA 93908
    • $1,499,000
    • STATUS: Active
    • ON SITE: 265 days
    • ID#: ML81721485
    UPDATED: 58 min ago
    $1,499,000
    • 0
      BEDS
    • 20.93
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    13.01% undivided interest (app. 20.9315 acres) in 2 vegetable/crop farm parcels that total appx. 160 acres. Land is currently leased with an approximate 4.5% return on investment. Great opportunity for long term cash flow with little risk. Prime Blanco farmland; some of the most fertile in the Salinas Valley which commands some of the best rental prices. This sale is for a tenants in common interest of income producing land. Buyer cannot split off property or direct whom the land is leased too but as this is a very desirable ranch income rates are high.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T18:36:41.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Innovations - Leslie Wilson. Licensed in the State of California, USA.
    www.inlandlivinghomes.com/homes/89697492

    126120 Monterey Salinas Highway Salinas, CA 93908

    • Price: $1,499,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: ML81721485
    0
    Beds
    0
    Baths
    0
    ½ Baths
    20.93
    Acres
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    13.01% undivided interest (app. 20.9315 acres) in 2 vegetable/crop farm parcels that total appx. 160 acres. Land is currently leased with an approximate 4.5% return on investment. Great opportunity for long term cash flow with little risk. Prime Blanco farmland; some of the most fertile in the Salinas Valley which commands some of the best rental prices. This sale is for a tenants in common interest of income producing land. Buyer cannot split off property or direct whom the land is leased too but as this is a very desirable ranch income rates are high.
    Exterior Features

    Fence YN No Fencing None Lot Size Source Gis Calculated Lot Size Units Square Feet

    Property Features

    Special Listing Conditions Standard Water Source Well Zoning F40

    Listing provided courtesy of Mark P Tamagni of International Estates, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T18:36:41.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Innovations - Leslie Wilson. Licensed in the State of California, USA.
     
    RE/MAX Innovations - Leslie Wilson
    1037 W. Arrow Hwy
    San Dimas CA, 91773