126/120 Monterey Salinas Hwy, SALINAS, CA – $1,499,000

  • $1.5M Price
  • 20.93 Acres
  • $1.5M Price
  • 20.93 Acres

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126/120 Monterey Salinas Hwy

13.01% undivided interest (app. 20.9315 acres) in 2 vegetable/crop farm parcels that total appx. 160 acres. Land is currently leased with an approximate 4.5% return on investment. Great opportunity for long term cash flow with little risk. Prime Blanco farmland; some of the most fertile in the Salinas Valley which commands some of the best rental prices. This sale is for a tenants in common interest of income producing land. Buyer cannot split off property or direct whom the land is leased too but as this is a very desirable ranch income rates are high.

Essential Information

  • MLS® #ML81721485
  • Price$1,499,000
  • Acres20.93
  • TypeResidential Lots and Land
  • Sub-TypeAgriculture/Ranch Land
  • StatusActive

Community Information

  • Address126/120 Monterey Salinas Hwy
  • AreaMoss Landing / Prunedale
  • CountyMonterey
  • StateCA
  • Zip Code93908


  • UtilitiesElectricity - On Site


  • Lot DescriptionAgricultural Use

Additional Information

  • ZoningF40

Listing Details

  • AgentMark P Tamagni
  • OfficeInternational Estates, Inc.
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Price Change History for 126/120 Monterey Salinas Hwy, SALINAS, CA (MLS® #ML81721485)

Date Details Price Change
Price Reduced (from $1,570,000) $1,499,000 $71,000 (4.52%)

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