$12,360,000
For Sale
340.14 acres | #ML81980625
Listing OfficePiini Realty
Browse 39 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

The Gaver Ranch is a large, 341-acre agricultural holding located at the north end of the Salinas Valley featuring rolling topography, a cool coastal climate and good water supply that is ideal for growing strawberries. The ranch is supplied by two irrigation wells, one of which was developed in 2024, which together can supply upwards of 2,000 gallons per minute. The soils found on the Gaver are mostly fine sandy loam soils that are moderately well drained and common in the area that are ideally suited for strawberry production. The ranch is further improved with drainage culverts and retention ponds designed to minimize erosion and protect habitat areas. With frontage along Highway 156 and Blackie Road, the location provides excellent linkage to Highway 1 and Highway 101 and convenient access to the main strawberry and vegetable processing facilities in Salinas and Watsonville. The ranch is currently leased to six tenants, with terms expiring between 2024 and 2026 with possible early termination clauses, providing an opportunity to both strawberry growers and farmland investors.

  • Property Details
      • Acres340.14
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable
      • Utility SourceWell
  • Community and Neighborhood Details
      • School DistrictNorth Monterey County Unified
      • CountyMonterey
  • Financial Details
      • Original List Price$12,360,000
  • Other
      • MLS #ML81980625

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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