Property profile

481 San Andreas Rd Watsonville, CA 95076

OFF-MARKET
Retail properties & Spaces
Property ID
US09-2362112
92.47 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 252-acre agricultural property in Watsonville, California, presents a unique investment opportunity. Located in the heart of the Pajaro Valley, renowned for its fertile loamy sand soil and ideal bayside microclimate, this land is perfectly suited for organic farming. Currently utilized for the cultivation of strawberries, flowers, and vegetables, the property boasts robust production capabilities. The advanced infrastructure supports a variety of agricultural pursuits, making it an attractive proposition for established farmers and agribusiness ventures alike. The sale includes both 481 and 570 San Andreas Road, providing ample space for operations and potential expansion. This expansive parcel offers a rare chance to acquire a highly productive and established organic farm in one of California's most productive agricultural regions. The rich soil and favorable growing conditions are ideal for a wide range of crops, ensuring versatility and potential for diverse agricultural operations. This is a turnkey opportunity for those seeking a significant investment in prime California farmland. The property's location and established infrastructure provide a solid foundation for continued success and future growth within the thriving agricultural landscape of the Pajaro Valley. The opportunity to acquire such a large, productive, and well-situated property is truly exceptional.

Property profile

Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Lot 92.47 ac (4,027,993 SF)
Zoning code CA
APN 046-151-37
UPID US09-2362112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Processing Plant
  • Big Box & Wholesale Store
  • Big Box & Wholesale Store

Location

481 San Andreas Rd Watsonville, CA 95076-9524
Watsonville metro Census 122300 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

Zoning & alternative use

CA · Watsonville, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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