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    OFF-MARKET
    Land

    0 Lockwood-Jolon Rd, King City, CA 93932

    121 ac lot
    Property ID
    Property summary
    AI-generated overview

    Discover Pacific Valley Vineyard, a 121+/- acre agricultural property located in Southern Monterey County, near King City (zip code 93932), on Lockwood-Jolon Rd. This exceptional offering boasts approximately 85 acres currently planted with Cabernet Sauvignon, Merlot, and Petite Sirah grapes, enjoying a history of strong production. The vineyard's location on the San Antonio Valley floor, nestled near the foothills, provides natural frost protection, resulting in high-quality fruit consistently sought after by wineries. The 2024 harvest is already under contract, with strong potential for contract extension for an additional 3-4 years. Beyond the established vineyard, an additional 20+/- acres offer significant potential for further planting or the construction of a residence. The property is zoned AG (Agricultural) and features APN 423-041-100-000. Offered at $1,950,000. This is a rare opportunity to acquire a thriving vineyard with a proven track record in a desirable location. The property's unique combination of established production, expansion potential, and prime location makes it an exceptional investment.

    Property profile
    Verified
    Property type Land
    Lot 121 ac (5,270,760 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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