Homes for sale - 1557 E Gerard, Merced, CA 95341

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Curt Frandsen

curt@thefrandsengroup.com +1(925) 998-4276

$ 4,089,750

Est. payment -/mo

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Price Dropped by $97K

1557 E Gerard Merced, CA 95341

54.53 Acres Lot

UPDATED:

12/06/2024 07:22 PM

Key Details

Property Type Vacant Land

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224074753

HOA Y/N No

Originating Board MLS Metrolist

Lot Size 54.530 Acres

Acres 54.53

Property Description

Portfolio land listing for sale! Your chance to acquire 4 parcels, collectively located off Gerard Ave. Situated in southeast Merced, these parcels are close to the city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth & development. The city sewer lines are accessible at Gerard Ave, with plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust residential expansion near Mission Ave & retail growth at the new Gateway Marketplace by Hwy 99. All properties are zoned M-2 for heavy industrial/manufacturing use & align with the City of Merced's General Plan for industrial development. The 1st parcel spans 19.57 acres with income-generating walnut trees and double line drip irrigation. The 2nd is a 9.97-acre parcel w/ almond trees, also with double line drip irrigation. Similarly, the 3rd parcel covers 17.98 acres, & the 4th 6.98 acres, both planted w/ income-producing almond trees & equipped w/ double line drip irrigation systems. The 4 parcels are planted w/ permanent trees that have access to Class I district water. The current irrigation comes from an irrigation well situated across the road on owner's separate ranch. Seller will agree to a well sharing agreement with Buyer.

Location

State CA

County Merced

Area 20406

Zoning M-2

Direction From Hwy 99, take the UC Merced Campus Expressway exit, head west on Mission Ave, right on Henry St, Left on Gerard Ave, parcels on your right.

Exterior

Fence Barbed Wire

Utilities Available See Remarks

Water Access Desc Agricultural Well,Shared Well,Irrigation District

Topography Agricultural Leveled,Trees

Road Frontage County Road

Building

Lot Description See Remarks

Sewer Sewer Available, See Remarks

Water Agricultural Well, Shared Well, Irrigation District

Schools

Elementary Schools Merced City

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Senior Community No

Tax ID 259-150-029

Special Listing Condition None

Listed by Keller Williams Merced