Commercial property · 2 recorded sales since 2026
Listing Agent: Martin Sanchez (DRE #01883501) · Listing Office: Orion Realty Group · Contact: (831) 320-4458 · Bought with: Christian Coronel · Christian Realty and Lending · MLS #ML82039736 · Source: CRMLS
40895 Cherry Avenue sold for $1,325,000 in April 2026, 12% under its $1,499,999 list price, after 13 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Prime 20-Acre Development Opportunity in Greenfield Highway Commercial Future Potential! Seize this exceptional 20-acre parcel of flat, usable land currently zoned for agricultural/truck crop use, strategically positioned for future growth in the heart of Monterey County's expanding corridor. Excellent Freeway Access Convenient northbound on-ramp to Highway 101 for quick trips to San Francisco and southbound access toward Los Angeles, making it ideal for logistics, retail, or commercial ventures. High-Visibility Location Situated in a bustling activity hub near major freeways, popular tourist attractions, regional shopping centers, and a key node for interstate commerce. Existing Single-Family Residence (2 bedrooms, 1 bath) occupies part of this expansive lot. Some public utilities already in place, including gas and PG&E electrical services, reducing future development costs and timelines.
Listing description from the April 2026 sale, as reported to CRMLS.