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3/11/08
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14990 State Route 1 (Hwy 1)
Marshall, California 94940
Asking Price $8,500,000
The Borello Ranch is an 864+ acre property located along the Coast of Western Marin County, near the town of Point Reyes Station and the Point Reyes National Seashore Recreation Area. The Borello Ranch offering represents an opportunity to purchase unique and rare private acreage in the Marin Headlands area, which is only 46 miles north of San Francisco, or 50 minutes by car.
The Borello Ranch property is unique in that it possesses 16 naturally-occurring artesian springs which deliver drinkable water to the surface year-round, regardless of the season or amount of water in the soil. In addition, the property possesses 3 separate man-made reservoirs, the largest of which holds 40 acre-feet, or over 13 million gallons of water. Due to the abundance of available water for irrigation and the ideal climate, it would be possible to grow wine-producing grapes or establish a winery on the property. The property will also accommodate the construction of a series of single family homes.
If you would like more information regarding this offering please visit our Flash Property Presentation, which outlines more of the specific details about the property and terms of sale. We look forward to talking with you.
Michael Federle
Senior Vice President
Institutional Investment Group
(415) 477-9288
mike.federle@grubb-ellis.com
Nicholas Bicardo
Associate Vice President
Institutional Investment Group
(415) 477-9262
nicholas.bicardo@grubb-ellis.com
M. Colin Federle
Investment Associate
Institutional Investment Group
(415) 477-9283
colin.federle@grubb-ellis.com
Grubb & Ellis Company
255 California Street, 14th Floor
San Francisco, CA 94111
(415) 433-1050
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