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$3,900,000 Just Listed
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Property Description
Exceptional opportunity to acquire a fully improved agricultural/industrial property with significant power capacity and large-scale greenhouse infrastructure. The site features a 6,500-amp electrical upgrade, making it highly suitable for energy-intensive operations including cannabis cultivation, controlled-environment agriculture, manufacturing, or specialty production. Improvements include four greenhouses totaling approximately 165,000 square feet, comprised of three separate greenhouses of approximately 34,000 square feet each and one additional greenhouse of approximately 63,000 square feet. The property also includes two warehouse buildings of approximately 1,441 sq ft and 5,320 sq ft, providing flexible space for processing, storage, distribution, or operational support. Water is supplied by a fully licensed private well, offering reliable on-site water access for agricultural or commercial use. With substantial infrastructure already in place, this property is positioned for immediate operational readiness for cannabis cultivation or a wide range of other agricultural, industrial, or commercial ventures.
Full Property Details
Full Property Details for 20180 Spence Rd
General
- Price: $3,900,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82035410
- Updated: 2/18/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Other
Interior
- Flooring: Other
Additional Information
- Extras: REO/Bank-Owned Property
- Security/Safety: Security Building, Security Gate with Guard, Security Guard, Other
Parking
- Parking Features: Common Parking Area
Location
- Area: Undeveloped area
- County: Monterey
- Cross Streets: Hwy 101
Heating & Cooling
- Cooling Type: None
- Heating Type: No Heating
Utilities
- Sewer: Septic System Connected
- Water: Well
- Utility Description: Public Utilities
- Metering: Master Electric
Structural Information
- Foundation: Unreinforced Masonry
- Roof: Metal
- Disability Access: None
- Square Feet: 6,761
- Warehouse: 6,761 Sq. Ft.
- Year Built: 1980
Lot Features
- Minimum Lot Size: 477418
- Lot Size (Sq. Ft.): 477,418
- Yard Description: 477418 Sq. Ft.
- Present Use: Agricultural, Nursery, Warehouse
- Zoning: Nursery
Disclosures and Reports
- Restrictions: Other
Listed by Thomas International Realty, Susan Thomas
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Schools
Schools serving 20180 Spence Rd
School Districts:Alisal Union Elementary School District, Salinas Union High School District
| Name | Grades | Distance |
|---|---|---|
Bardin Elementary School 425 Bardin Road, Salinas, CA 93905 | K-6 | 4.5 mi |
El Sausal Middle School 1155 East Alisal Street, Salinas, CA 93905 | 7-8 | 5.4 mi |
Alisal High School 777 Williams Road, Salinas, CA 93905 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20180 Spence Rd
Date
Details
Price
Change
Source
2/18/2026
Listed
$3,900,000
-34.45%
MLS
5/26/2021
Sold
$5,950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20180 Spence Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$160,537
102%
$6,015,048
2%
2024
$79,611
2%
$5,897,107
2%
2023
$78,151
11%
$5,781,478
2%
2022
$70,374
—
$5,668,117
2%
2021
$70,380
1%
$5,556,979
1%
2020
$69,610
90%
$5,500,000
103%
2019
$36,631
6%
$2,705,039
2%
2018
$34,563
-4%
$2,652,000
2%
2017
$35,822
172%
$2,600,000
179%
2016
$13,150
—
$933,552
—
2015
$13,205
14%
$933,552
13%
2014
$11,585
-1%
$823,552
—
2013
$11,673
—
$823,552
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20180 Spence Rd
20180 Spence Rd, Salinas, CA 93908 (MLS# ML82035410) is a Industrial property. 20180 Spence Rd is currently listed for $3,900,000 and was received on February 18, 2026. Want to learn more about 20180 Spence Rd? Do you have questions about finding other Industrial real estate for sale in Salinas? You can browse all Salinas real estate or contact a Coldwell Banker agent to request more information.

