$3,400,000 20180 Spence RD, Salinas 0 bd · 0 ba · 0 sqft
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HomeHomes for SaleSalinas › 20180 Spence RD
94 photos · MLS data verified May 15, 2026 · Updated every 15 min
$3,400,000 Active
0 Beds·0 Baths·0 sqft·477,418 sqft lot·Built 1980
20180 Spence RD, Salinas, CA 93908
Listed 86 days ago · February 18, 2026  |  MLS# ML82035410
$0/sqft +0% vs Salinas avg
What this means: Priced above the Salinas per-sqft average. Compare to recent sales below for context.
Est. $21,446/moP&I $17,642 · Tax $3,542 · Insurance $262 · HOA $0Assumes 20% down ($680,000) at 6.75% · Get personalized estimate
Is This A Good Fit?
✓ Good fit if…
You're looking for a home in Salinas at this size, beds, and bath count, and the asking price aligns with your search range.
✕ Not ideal if…
You want a different size, layout, or significantly different price point. Use the filters to refine your search.
Based on recent comparable sales in 93908 and Salinas market data. Not a guarantee of investment outcome.
Price Position in Salinas
Median $850K
Above typical range
$540K$1.2M
97Active in Salinas
22Active in 93908
48Avg DOM
$535Avg $/SqFt
99.4%Sale-to-List
1.7 moInventory
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Why This Home Stands Out

📍
Salinas Location
Active listing in Salinas, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
0 Bed / 0 Bath / 0 sqft on 477,418 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $3.4M vs City Median $850K
$0/sqft compared to Salinas avg $535/sqft (+0.0%).
Best fit forActive BuyersSalinas SearchersMove-Up / Move-In

About This Home

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.
MLSListings IDX
Listing courtesy of Thomas International Realty · Susan Thomas
MLS# ML82035410 · Data from MLSListings Inc.
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Property Details

Property Type
CommercialProperty
Year Built
1980
Bedrooms
0
Bathrooms
0 Full
Living Area
0 sqft
Lot Size
477,418 sqft
Garage
N/A
Price/sqft
$0
County
Monterey
MLS Number
ML82035410
Status
Active
Stories
N/A
HOA
None

Interior Features

Gas

Exterior & Lot

Metal Roof10.96 Acres

Location

This HomeActivePendingSold
20180 Spence RD, Salinas, CA 93908 · Monterey County

Market Context

Price Positioning
$ Price context: Listed at $0/sqft vs Salinas avg $535/sqft (+0.0% above).
$ Sale-to-list: Salinas homes selling at 99.4% of asking.
Velocity: City avg 48 days. This home: 86 days.
🏠 Inventory: 0 0-bedroom homes currently available in Salinas.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
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Market Snapshot

$850,000Median Price+5.5% vs Last Year
48Avg DOM-2.0 days vs Last Year
97Active Listings+44.8% vs Last Year
99.4%Sale-to-List-0.3% vs Last Year
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Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593Timothy@AegisHomesRE.com
For Homeowners

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Homes in Salinas are selling at 99.4% of asking in 48 days.

99.4%Sale-to-List
48Avg Days
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Recently Sold in Salinas

No recent sold comps found in this segment.

For Homeowners

Your neighbors are selling. Should you?

In the past 90 days, 58 homes sold in Salinas at an average of $850,000. The average sale closed at 99.4% of asking price.

58Sold (90 Days)
$850,000Average Price
99.4%Sale-to-List
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Nearby Salinas Homes for Sale View All 99 →

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Salinas Market Overview Full Stats →

$883,131Avg Sale Price+5.5% vs Last Year
48Avg DOM-2.0% vs Last Year
97Active Listings
99.4%Sale-to-List
$535Price/sqft
1.7Months Inventory
58Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · May 2026

Frequently Asked Questions

Listed at $3,400,000 ($0/sqft). Salinas avg is $535/sqft, placing this +0.0% above. Comparable recent sales help frame the value.
Listed 86 days (as of February 18, 2026). Salinas average is 48 days.
Est. $21,446/mo with 20% down ($680,000) at 6.75%. Includes principal & interest ($17,642), property tax ($3,542), and insurance ($262). HOA: None.
There are 97 active listings in Salinas (0 are 0-bedroom). At $3,400,000 this is positioned against the city median of $850,000. Similar homes have sold at 99.4% of asking.

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MLSListings
Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of the date shown. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino, CA 95014. (408) 207-4593.
Last updated: May 15, 2026 at 1:06 PM PT | Data reflects May 2026 MLS statistics
Aegis Luxury Real Estate
Timothy Alston · Broker · DRE #01328224
10080 N. Wolfe Rd, Ste SW3-200 · Cupertino, CA 95014
(408) 207-4593 · Timothy@AegisHomesRE.com
Equal Housing Opportunity. Data deemed reliable but not guaranteed. © 2026 Aegis Luxury Real Estate.
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