0 San Juan Grade Rd Salinas, CA 93906

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.