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    FOR SALE
    Retail properties & Spaces

    481 San Andreas Rd, Watsonville, CA 95076

    92.47 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US09-2362112
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jacobs Farm Greenhouse parking lot Food Processing Plant
    • Continental Floral Greens Big Box & Wholesale Store
    • Kitayama Bros Inc Big Box & Wholesale Store
    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
    Kitayama Bros INC · 6 yrs held
    Kitayama Bros INC
    since 2019
    2 recorded transactions
    2019
    1969
    Zoning & alternative use
    CA · Watsonville, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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