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Property profile & analytics
OFF-MARKET
Land

15250 Blackie Rd Prunedale, CA 93907

1165 ac lot
Entity Owned 5-yr Hold
Property ID
US09-3090946
Property summary
AI-generated overview

This exceptional 1,165-acre agricultural property in Salinas, CA, presents a significant investment opportunity. Strategically located one mile west of Highway 101, this fertile Salinas Valley land boasts approximately 890.60 acres of usable irrigated cropland currently planted with strawberries (historically also berries and brussels sprouts). The remaining 274.40 acres are considered unusable. The property includes extensive infrastructure vital for farming operations, such as farm roads, reservoirs, and support areas. Water resources are substantial, featuring five agricultural wells with high-capacity pumps (details available upon request) and two reservoirs (10.5 and 7.5 acre-feet respectively), plus one domestic well. A diverse irrigation system supports drip, sprinkler, and furrow methods. Soil composition is varied, with significant portions of Santa Ynez fine sandy loam and Rindge Muck (detailed soil map available). The property includes four dwellings (approximately 1,480, 1,850, 1,030, and 900 sq ft), one mobile home, a 3,750 sq ft barn, two shops (1,000 and 14,075 sq ft), and an equipment shed (2,400 sq ft). The property is zoned F/40 and CAP(CZ) and is enrolled in a Williamson Act Contract. Monterey County APNs: 133-013-001, 133-013-002, and 133-013-003. Note: The Sustainable Groundwater Management Act (SGMA) impacts groundwater pumping

Property profile
Verified
Property type Land
Lot 1165 ac (50,747,400 SF)
UPID US09-3090946
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Conlan Acquisition LP · 5 yrs held
Conlan Acquisition LP
since 2021
1 recorded transaction
2021
$22.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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