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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    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 Commercial real estate
    Lot 1165 ac (50,747,400 SF)
    APN 133-013-001,133-013-002 and 133-013-003
    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
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    Comparable Approach Comparable
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    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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