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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
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
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

PROPERTY TAXES

Parcel Number
259-150-034
Land Assessment
£499,453
Improvements Assessment
£113,900
Total Assessment
£613,354

zoning

Zoning Code M-2
M-2
  • Listing ID: 32393442

  • Date on Market: 09/07/2024

  • Last Updated:

  • Address: 1557 Gerard ave, Merced, CA 95341

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