180 Harrison Rd
Salinas, CA 93907
North Salinas Business Park · Land For Sale · 50.00 AC

Annexation in process. Level Agricultural land 1/10th of a mile from Hwy 101 which the Monterey County and the City of Salinas have agreed to have annexed into the City of Salinas. The first annexation & EIR phase has been completed with no objections, none. City has identified these parcels within "Target Area K" to be developed as a business park. The offering price computes to $337,500 if a Joint Venture or $450,000 per acre if straight sale. After annexation, the total value of the 50 acre site is expected to be approximately $30M -$50M ($600,000-$1,000,000 per acre) based on comparables within Salinas.