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    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    360 Espinosa Rd, Salinas, CA 93907-8895

    29.44 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US09-1874113
    Property summary
    AI-generated overview

    This expansive industrial property, located at 360 Espinosa Rd, Salinas, CA 93907, boasts a total of 2,137,413 square feet within a single, one-story building constructed in 1989. The property is zoned F-40 and situated in Monterey County. Currently configured for multiple tenants, one available space encompasses 435,715 square feet. The site includes a fully gated cannabis enclosure and a comprehensive security system. On-site amenities include a covered storage area and concrete pathways. A significant feature is an installed fermentation system. The property benefits from an administrative permit authorizing the use of six large greenhouse structures for commercial cannabis production and nursery operations, totaling 611,113 square feet of canopy area. The permit also allows for the use of an existing 11,562 square foot structure for processing, manufacturing, and extraction. This permit has been approved under CEQA. The property offers 30 total parking spaces. This exceptional opportunity presents a unique combination of scale, existing infrastructure, and permitted cannabis cultivation capabilities. The property's size and features make it suitable for a variety of large-scale industrial uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group NURSERY, GREENHOUSE, FLORIST
    Lot 29.44 ac (1,282,608 SF)
    APN 253-012-047-000
    UPID US09-1874113
    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
    Current use
    Occupant on record · Public records
    • Growers Transplanting Big Box & Wholesale Store
    • Rocket Farms Garden Center Landscaping
    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
    Growers Transplanting INC
    Growers Transplanting INC
    since 2025
    3 recorded transactions
    2025
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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