MESA ROAD RANCH, NIPOMO, CA
The Property consists of approximately 72 acres of irrigated farm ground in two legal parcels and provides a unique combination of both agricultural and future residential development potential opportunities for long term appreciation. Each of the two parcels are generally rectangular in shape with level to undulating topography. The smaller eastern parcel (APN 109-312-012) consists of approximately 19.26 acres and is designated as open space with restrictions allowing only one single family residence. The larger western parcel (APN 091-311-038) consists of approximately 53.37 acres and is designated for five-acre residential development. The pre-development aspect of the Property is established by the zoning that would conceptually provide for 10 five-acre parcels.
The Property consists of irrigated farm ground and is suitable for the growing of most vegetable crops and berries. Histor...
The Property consists of irrigated farm ground and is suitable for the growing of most vegetable crops and berries. Historically, it has been farmed to berries, squash, broccoli, Brussel sprouts, etc. While it is currently farmed to vegetable crops, there is the potential for strawberry operations as well. Both parcels are currently in agricultural production with a tenant farmer. The Property also has residential rental income from four units of approximately $60,000 annually.
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