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1557 Gerard ave
19.57 Acres of Agricultural Land Offered at £1,148,441 in Merced, CA 95341
Property Facts
Price | £1,148,441 | Property Subtype | Agricultural |
Sale Type | Investment or Owner User | Total Lot Size | 19.57 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
Property Type | Land |
Price | £1,148,441 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Agricultural |
Total Lot Size | 19.57 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | £1,148,441 | Lot Size | 19.57 AC |
Price Per AC | £58,684 |
Price | £1,148,441 |
Price Per AC | £58,684 |
Lot Size | 19.57 AC |
Description
Here is a 19.57 acre walnut ranch with industrial development potential for sale! The Chandler walnuts were planted in 2017 and the ranch is situated in southeast Merced. This parcel is close to city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth and development. The city sewer lines are accessible at Gerard Ave, with future City plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust expansion near Mission Ave and retail growth at the new Gateway Marketplace by Hwy 99. This land is zoned M-2 for heavy industrial/manufacturing uses and align with the City of Merced's General Plan for industrial development. The irrigation is currently via a double line drip irrigation system and the ranch is within the Merced Irrigation District for access to Class I district water. However, their current irrigation comes from a well situated across the road on the owner's separate ranch. The seller would be open to a well sharing agreement to continue existing irrigation. Make this ranch your homesite or plan for future development! The property is within the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA). For more information on SGMA, go to www.sgma.water.ca.gov/portal/. The ownership is also open to selling lots other lots together.
PROPERTY TAXES
Parcel Number | 259-150-034 | Improvements Assessment | £113,900 |
Land Assessment | £499,453 | Total Assessment | £613,354 |
PROPERTY TAXES
zoning
Zoning Code | M-2 |
M-2 |
Presented by
1557 Gerard ave
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