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    Corral De Tierra Rd Salinas, CA 93908

    For Sale
    $2,750,000

    Prime Salinas acreage, stunning views, subdivision potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 102.2-acre property in the desirable Corral de Tierra area of Salinas, California, presents a unique investment opportunity. Boasting breathtaking views and a serene natural landscape, this land offers significant potential for development. Located conveniently just 2.6 miles from Highway 68, it represents one of the last large parcels available in the area with existing water infrastructure. The property includes two functioning wells—one situated on the land and another across Corral de Tierra Road—both of which are included in the sale. Prospective buyers are responsible for independently assessing the water flow capacity to meet their intended use. A tentative subdivision map has already been filed, outlining a plan for four individual lots, with access provided via the Mears Ranch Entrance. This prime acreage presents a rare chance to acquire a substantial land holding in a highly sought-after location, offering the potential for residential development or other suitable uses. The property's picturesque setting and convenient location combine to create an exceptional opportunity for discerning investors. The existing subdivision plan simplifies the development process, making this a truly compelling investment. The inclusion of two wells significantly enhances the property's value and utility.

    Property Features for Corral De Tierra Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,451,832 SF
    Location Intelligence

    Current Use by Public Records

    De Tierra Vineyards Winery De Tierra Events Event Venue Corral de Tierra ... Country Club Markham Ranch Hoa Property Management Company The Riding Academy Horse Riding School

    Suggested Use

    Realty agency Wholesale Shop Kitchen & Bath Food Market Grocery Store Bar & Pub Garden Center Travel Agency Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.7319
    Latitude
    36.56894

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Salinas acreage, stunning views, subdivision potential.
    Where is this commercial real estate located?
    The property is located at Corral De Tierra Rd Salinas, CA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    (831) 646-1919
    Request Owner's contact information
    Corral De Tierra Rd Salinas, CA 93908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Corral De Tierra Rd Salinas, CA 93908
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