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16475 Blackie Rd - Ryan Ranch 264.89 Acres of Commercial Land Offered at $13,064,625 CAD in Salinas, CA 93907
INVESTMENT HIGHLIGHTS
- Location, location, location !
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$383,091
|
$1,446.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$383,091
|
$1,446.23
|
| Taxes |
$42,964
|
$162.20
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$42,964
|
$162.20
|
| Net Operating Income |
$340,127
|
$1,284.03
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $383,091 |
| Annual Per AC | $1,446.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $383,091 |
| Annual Per AC | $1,446.23 |
| Taxes (CAD) | |
|---|---|
| Annual | $42,964 |
| Annual Per AC | $162.20 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $42,964 |
| Annual Per AC | $162.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $340,127 |
| Annual Per AC | $1,284.03 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot I & II
| Price | $13,064,625 CAD | Lot Size | 264.89 AC |
| Price Per AC | $49,320.95 CAD |
| Price | $13,064,625 CAD |
| Price Per AC | $49,320.95 CAD |
| Lot Size | 264.89 AC |
Possible opportunity for development on Parcel 1. Located along 156 & 101 corridor, access on Blackie Rd.Beautiful rolling party wooded parcel, with a highly productive well, with road infrastructure, currently leased for berry production.
DESCRIPTION
The Rouse Ridge Ranch is located in unincorporated North Salinas Valley and consists of approximately 262 beautiful slightly rolling agricultural acres. Situated in a prime location with farming of irrigated row crops, strawberries, raspberries and blackberries. This Certified Organic farmland has been maintained as such by the current lease holder, who is a grower for Driscoll Berries. There are two highly productive wells, one located on each of 2 legal parcels with high pressure underground distribution lines. Each deep well produces approximately 1,200 GPM and both have concrete sanitary seals. Well maintained road infrastructure for harvesting and ideal access from Blackie Road which connects to Highway 101 with an easy haul over to 183 and HWY 1. Possible opportunity for development on Parcel 1, which is the eastern parcel and zoned Low Density Residential 2.5 acres per unit - Design Control District. There are some possible development sites with gentle meadow lands and vistas over to Fremont Peak. Property is not in the Williamson Act. Survey of entire property just completed and on file with Monterey County. Sellers have actively maintained all permits and conditions with County and State. Seller OK with 1031 exchange. Current lease extends to Oct. 2025 w/option to renew by May 2025.
Presented by
16475 Blackie Rd - Ryan Ranch
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