1202 Castroville Road, Salinas, CA, 93907

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$1,299,000
495 Days On Site

1202 Castroville Road
Salinas, CA 93907

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
County:
Monterey
Listed by Celeste Faraola Perie of Schooner Realty celeste@faraola.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1202 Castroville Road1202 Castroville Road1202 Castroville Road1202 Castroville Road
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Monthly Payment (Est.)

$5,927
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Martella Home Farm is a 20% Partnership Investment Opportunity. The farm has 66.28 Total Cultivated acres, and the family home, which is rented. Located in 4 separate parcel numbers, it is being offered at 20% ownership. The farm has been long-term leased by a local farmer; the current lease is till 2029. This is not a farming opportunity; this is currently a passive investment opportunity. The other 80% is owned by family members. Discover a remarkable investment opportunity at Martella Home Farm, offering a 20% Partnership Investment in a thriving agricultural setting. The unique opportunity allows you to acquire a 20% ownership stake in this tranquil haven, currently leased long-term to a reputable local farmer, ensuring consistent income through 2029. This investment is specifically designed as a passive income opportunity, not a farming venture, making it an ideal choice for those looking to diversify their portfolio. The current five owners are motivated to sell due to an over-dilution of ownership stemming from family circumstances, presenting a rare chance for you to take part in this unique family legacy. With income distributions occurring biannually, you can enjoy a steady return on your investment.

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Listing Snapshot
Price 
$1,299,000
Days On Site 
495 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
66.28 Acres
Year Built 
N/A
MLS® Number 
ML82006514
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 months agoPrice changed to $1,299,000
a year agoListing first seen on site
General Features
Acres 
66.28
Additional Property Use 
Agricultural
Water Source 
Well
Zoning 
agriculture
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Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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