1505 Black Rd, Santa Maria, CA 93458
2 Land Properties Offered at $330,000,000 in Santa Maria, CA
For Sale
Active
14 pictures
Asking Price $330,000,000
- Property Type
-
Land
- Square Feet
- 377 SF
Listing Contacts
Curtis Fernandes
- Property Info
Property Overview
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 region’s 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 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 county’s farm sector is its largest producing industry, contributing over $1.9 billion to the county’s 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.
Don’t 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.
Please visit the Data Room for additional property and financial information.
1505 Black Road consists of approximately 356.09 acres, zoned AG II-100, which are predominantly used to grow strawberries, the region’s 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 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 county’s farm sector is its largest producing industry, contributing over $1.9 billion to the county’s 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.
Don’t 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.
Please visit the Data Room for additional property and financial information.
Highlights
- 1505 Black Road & 1702 Sinton Road offer 356.09 acres of income-generating farmland with additional industrial development potential in Santa Maria.
- This prime location sits in a major agricultural and industrial hub, within five minutes of both State Route 1 and US 101.
- Booming farm and energy sectors deliver strong demand for high-quality industrial space, with rents in the submarket up 17% over the past 3 years.
- 1505 Black Road includes 355.62 acres zoned AG II-100, leased with over two years remaining at market rates with scheduled increases.
All available spaces
- Space
- GSR 9 & GSR 11
- Size
- 356 SF
- Space Subtype
- Land
- Space
- Size
- 21 SF
- Space Subtype
- Land
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