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    OFF-MARKET
    Land

    67941 Jolon Rd, Jolon, CA 93928

    40 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40-acre parcel presents a unique investment opportunity in the prestigious Lockwood Jolon Road Wine Corridor of Monterey County, California. Located at 67941 Jolon Rd, Jolon, CA 93928 (APN 423-321-014), this mostly flat and plantable land offers direct access to Jolon Road, providing convenient on/off access. The property boasts a fully fenced perimeter, with approximately 50% featuring high-grade steel no-climb fencing and the remainder utilizing barbed wire. A beautiful front gate enhances the property's appeal. A significant advantage is the presence of a domestic 6-inch water well, approximately 400 feet deep (buyer to verify). Currently, a solar-powered pump within the well provides water for livestock. A natural water collection area exists, presenting the potential for developing a pond with minimal earthwork. A building site is identified on the property, and three-phase power is readily accessible nearby. The asking price is $600,000, translating to $16,250 per acre. Seller financing is available. This property's location within the designated wine corridor makes it ideal for future winery development or a variety of other agricultural and residential uses. The combination of its size, location, infrastructure, and potential makes this a truly remarkable opportunity.

    Property profile
    Verified
    Property type Land
    Lot 40 ac (1,742,400 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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