16475 Blackie Rd Salinas, CA 93907
- Commercial real estate
- 262.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16475 Blackie Rd
- Lot size
- 262.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 262-acre property in unincorporated North Salinas Valley presents a unique investment opportunity. Currently utilized as highly productive organic farmland, the ranch boasts two deep wells, each producing approximately 1,200 gallons per minute, with high-pressure underground distribution lines and concrete sanitary seals. The land is ideally suited for continued agricultural use, currently leased to a Driscoll's grower for the cultivation of strawberries, blackberries, raspberries, and other irrigated row crops. The lease extends to October 2025, with a renewal option exercisable by May 2025. Excellent road infrastructure ensures easy access for harvesting, with convenient connections to Highway 101, Highway 183, and Highway 1. A significant advantage lies in the development potential of Parcel 1 (the eastern parcel), zoned Low Density Residential (2.5 acres per unit) within a Design Control District. This parcel offers several potential building sites with appealing meadow landscapes and views of Fremont Peak. The entire property has recently undergone a survey, the results of which are on file with Monterey County. All necessary permits and conditions with the County and State have been diligently maintained by the sellers. A 1031 exchange is acceptable to the seller. The property is not currently enrolled in the Williamson Act. This property offers a rare blend of established agricultural income and promising future development prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salinas
- County
- Monterey
- State
- California
- Longitude
- -121.6838
- Latitude
- 36.78349
