377.09 Acres in Santa Maria, CA - $30,000,000
Greland Group is pleased to exclusively present the opportunity to acquire a performing 376-acre agricultural portfolio with development potential in Santa Maria, California. These adjacent parcels offer prime land within five minutes of both State Route 1 and US 101. This rare offer allows investors to seize a low-maintenance, cash-flowing property with additional long-term development upside.
1505 Black Road consists of approximately 356.09 acres, zoned AG II-100, which are predominantly used to grow strawberries, the regions highest-grossing crop. The current owner has fully optimized the property and maximized the useable land. The attractive location and ideal features, including three on-site producing wells, help ensure strong demand. The entirety of the property is leased with two years remaining at market rental rates with scheduled increases.
1702 Sinton Road includes 21.46 a...
1702 Sinton Road includes 21.46 acres with M-2 zoning, allowing for a wide range of industrial uses. The land is currently producing agricultural income, providing the flexible option to maintain the existing cash flow or develop the property.
The most populous city in Santa Barbara County, Santa Maria is a vital farming community famous for dozens of organic crops, including strawberries and wine grapes. The countys farm sector is its largest producing industry, contributing over $1.9 billion to the countys economy annually. The area is also home to a thriving energy industry with major operations for petrochemical and renewable energy businesses. Supporting these industries, Santa Maria is a hub for the cold storage, food processing, manufacturing, packing, and shipping segments, and there is always demand for new high-quality space. Additionally, a robust demographic profile within 10 miles of the portfolio ensures a stable pipeline of qualified workers. Daytime employment sits at over 52,000 and 27% of these workers are employed in trade, transportation, and utility or manufacturing segments.
Dont miss the chance to seize a performing investment with development potential in a major agricultural and industrial hub at 1505 Black Road and 1702 Sinton Road.
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