Rancho San Juan Ranch

EXECUTIVE SUMMARY

• 1,492.32 +/- gross assessed acres located at the Northeast side of Salinas, Monterery County, California.
• 571.46 +/- gross acres of irrigated farmland | 351.91 +/-  leased acres  | 207.90 +/-  fallow acres
• There are approximately 920.86 +/- acres of rangeland and supporting land  that is located around farming blocks and largely in the western and northernmost areas of the Property.
• Property has been historically farmed to strawberries and fresh vegetable crops
• The Property is comprised primarily of NRCS Santa Ynez Fine Sandy Loam, Gloria Sandy Loam, Chualar Loam, and Arnold Loamy Sand soil series. Topography is generally rolling-to-sloping from 2 to 15%, primarily south facing in direction.
• Irrigation water is currently supplied to the Property via four operating agricultural wells and one large reservoir. Water is distributed to the farming blocks via high-pressure PVC mainlines and booster pumping stations. Site for 5th large well at Southwest corner of pasture.
• According to the CA Department of Water Resources’ website, the Property is located in the Sustainable Groundwater Management Act (SGMA) Bulletin 118 Basin “3-004”, Salinas Valley Basin. Property is located in two Subbasins, (1) Salinas Valley – East Side Aquifer Subbasin (3.004.02), and (2) Langley Area Subbasin (3.004.09). Both are classified as High Priority, but not identified as Critically Overdrafted. For further information, please visit: https://svbgsa.org , and https://sgma.water.ca.gov/portal/
• Butterfly Village Approved Plan Development: A portion of the Property is located within the Butterfly Village Planned Development, an approved project in Monterey County (awaiting developer). The Butterfly Village project will include 1,147 homes, but will replace the proposed golf course with 342 acres of public parks and open space, increase the amount of affordable housing to 32 percent from 15 percent, double the amount of commercial space, and add a 10-acre elementary school site.
• 2025-2026 Property Taxes: $126,011. Zoning is “F40/PG/40” (40-acre minimum parcel size) in Monterey County.
• Purchase Price: $18,000,000 (all cash at close of escrow)
• Viewing: Private property tours are by appointment only by contacting The Mendrin Group

ALL INFORMATION CONTAINED HEREIN AND SUBSEQUENT INFORMATION PROVIDED IS DEEMED RELIABLE BUT NOT GUARANTEED BY SELLER NOR BROKER AND MUST BE INDEPENDENTLY VERIFIED BY PROSPECTIVE PURCHASERS (RECEIVING PARTY/RECIPIENT/BUYER) AND THEIR REPRESENTATIVES TO DETERMINE THE SUITABILITY FOR BUYER’S/RECIPIENT'S INTENDED USES. Buyer’s communications, copies of the Copyrighted Confidential Overview, copies of the Copyrighted Confidential Information Memorandum ("CIM"), viewing of the Property, Letter of Intent submissions, Property Due Diligence data requests, and Property Due Diligence site visits shall be directed through Seller’s exclusive representative, The Mendrin Group. Private Property tours are strictly by appointment only with 48 hours prior notice.

For more information contact:

www.mendrins.com  |  f. (559) 436.0151

5250 N. Palm Avenue, Suite 212, Fresno, California 93704
Fig Garden Financial Center

ALEX D. MENDRIN, INC. Lic. #01978317

Al D. Mendrin

Broker/President

(559) 288-0671
[email protected]

Lic. #01084243