1320 Riverside Rd | Watsonville, CA 95076
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- LoopNet Team
1320 Riverside Rd
Watsonville, CA 95076
30 Acres of Flat Farmland with Home · Land For Sale
·
30.00 AC
INVESTMENT HIGHLIGHTS
- 500 gallons +/- per minute irrigation well
- Leased through 2025 with an annual income of $100,000+
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 30.00 AC |
| Property Subtype | Commercial | Year Built | 1955 |
| Proposed Use | Agricultural | ||
| Zoning | CA | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Agricultural |
| Total Lot Size | 30.00 AC |
| Year Built | 1955 |
| Zoning | CA |
DESCRIPTION
• Leased through 2025 (Annual net lease of $71,775 + taxes and maintenance; rises to $81,200+ in 2023) • 3 bed/2 bath home + Mobile Home (Annual rental income of $30,000+) • 500 +/- gallons per minute irrigation well (Drilled two years ago by Maggioria • Mobile home for more workforce housing • Due to adjacent farm labor housing, this property has good precedence to be able to be partially used for farm work force housing • Double frontage road
PROPERTY TAXES
| Parcel Number | 051-251-14-000 | Improvements Assessment | $132,651 |
| Land Assessment | $2,251,016 | Total Assessment | $2,383,667 |
PROPERTY TAXES
Parcel Number
051-251-14-000
Land Assessment
$2,251,016
Improvements Assessment
$132,651
Total Assessment
$2,383,667
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