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Millman Team Real Estate

$1,299,000
66.28 Acre Lot

1202 Castroville Road, Salinas, California 93907

  • Commercial Sale Property Type
Property Description

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.

Basic Details
Commercial Sale
For Sale
ML82006514
$1,299,000
66.28 Acre
Active
Features
$0
Address Map
CA
Monterey
Salinas
93907
Castroville
1202
Road
W122° 19' 5.8''
N36° 41' 6.2''
207-011-026, 207-011-020DONOTGODIRECT
699 - Not Defined
agriculture
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: Agricultural
2025-05-12
1312344
: Well
Broker/Agent Information
Schooner Realty
Celeste Faraola Perie
Listing Information
ML102306
ML35601
Active
2026-06-30T16:52:45Z
CRMLS
2025-05-12T06:03:52Z
Agent info
Ray Millman
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