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Property profile & analytics
OFF-MARKET
Land

0 Corral De Tierra Rd Salinas, CA 93908

102.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 102.2-acre commercial property in Salinas, California (APN 151-031-006), is zoned RG-20 and presents a unique investment opportunity. Located at 0 Corral De Tierra Rd, 93908, this expansive parcel boasts breathtaking views and a tranquil natural setting, situated above the Church of the Good Shepard. Conveniently located just 2.6 miles from Highway 68, it's one of the last large available parcels in the area with water access. The property includes two wells—one on-site and one across Corral de Tierra Rd—which are included in the sale. The buyer will be responsible for assessing water flow for their intended use. A tentative subdivision map has already been filed, permitting the creation of four lots, accessible via the Mears Ranch Entrance. This property offers significant potential for various commercial developments, capitalizing on its size, location, and scenic beauty. The asking price is $2,750,000.

Property profile
Verified
Property type Land
Lot 102.2 ac (4,451,832 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • De Tierra Vineyards Brewery & Distillery Specialty Food Shop
  • De Tierra Events Hotel & Motel Resort
  • Corral de Tierra Country Club Bar & Pub Golf Course
  • Markham Ranch Hoa Property Management Company
  • The Riding Academy Training Center Animal Training
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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