Leased Agricultural Farm
For Sale
$1,299,000
1202 Castroville RD, Salinas, CA 93907
COMMERCIAL - SALINAS, CA
Property SizeContact for details
Lot Size66.28 Acres
Days on Market43
Property Features for 1202 Castroville RD
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
agriculture
Lot features
Agricultural Use, Grade - Mostly Level
Subdivision
Prunedale, Elkhorn, Moss Landing
Standard status
Active
Lot size
66.28 Acres
Utilities
Water source
Well
Listing Agency:
Schooner Realty
(831) 425-1515
Listed By:
Celeste Faraola Perie · License #01077450
(831) 239-4646
Added: Jun 30
Changed: Aug 4
Last Checked: Aug 11 at 6:06AM
MLS# ML82006514
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Investment Insights
Based on property information with market context.
Martella Home Farm is being offered as a 20% partnership ownership interest in an agricultural-zoned property. The farm includes 66.28 total cultivated acres, and the family home is rented. The property is located under four separate parcel numbers and is being sold with an existing long-term lease to a local farmer, with the current lease term extending through 2029.
The remaining 80% of ownership is held by family members. This offering is structured as an ownership stake in the existing arrangement, with income distributions referenced as biannually in the listing materials.
The property is offered for sale in Salinas, California, and includes the farm and rented residence as part of the partnership interest.
The remaining 80% of ownership is held by family members. This offering is structured as an ownership stake in the existing arrangement, with income distributions referenced as biannually in the listing materials.
The property is offered for sale in Salinas, California, and includes the farm and rented residence as part of the partnership interest.
Key Highlights
- 66.28 total cultivated acres of farmland (Martella Home Farm) offered as a 20% ownership partnership stake
- Farm is long‑term leased to a local farmer, with the current lease continuing through 2029
- Family home on the farm is rented
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 93907, CA
23,315
Population
7,659
Households
3
Avg Household Size
39
Median Age
22%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
428
Density / Sq Mi
$103,268
Median Household Income
$38,199
Median Earnings
$2,122
Median Rent
$676,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Farm - Agricultural-zoned farm with 66.28 cultivated acres across four parcel numbers, leased through 2029.
Where is this farm located?
The property is located at 1202 Castroville RD Salinas, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 66.28 total cultivated acres of farmland (Martella Home Farm) offered as a 20% ownership partnership stake; Farm is long‑term leased to a local farmer, with the current lease continuing through 2029; Family home on the farm is rented
