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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.

Highlights

  • Commercial Sale
  • Industrial
  • Built in 1980
  • 270 days on Market

  • Year Built
    1980
  • Parking Features
    Common
  • Living Area
    6761.0
  • Flooring
    Concrete, Other
  • Heating
    Natural Gas

  • County
    Monterey
  • City
    Salinas
  • Zip Code
    93908

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Frequently Asked Questions

How do I schedule a tour of 20180 Spence Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 20180 Spence Rd.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 20180 Spence Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,999,000. We can talk through recent upgrades, potential seller motivation, how this industrial compares to others in Salinas, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 20180 Spence Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 20180 Spence Rd at around $17,067. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 20180 Spence Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monterey County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 20180 Spence Rd?

In most cases, yes. Whether 20180 Spence Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Salinas's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 20180 Spence Rd?

We can handle that for you. Our preferred local agent specializes in commercial sales in Salinas and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,999,000 with 6,761 sqft of space—that comes out to approximately $444 per square foot.

How long has this property been on the market?

20180 Spence Rd was listed on February 18, 2026, which means it's been on the market for 270 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1980, making it approximately 46 years old.

Is 20180 Spence Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 15, 2026 at 06:36AM.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.