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Listed by Ernesto Ochoa • Keller Williams Property Team
$ 1,350,000
Est. payment /mo
Active
1081 E Gerard Avenue Merced, CA 95341
783,644 SqFt
UPDATED:
09/18/2024 06:49 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 783,644 sqft
Price per Sqft $1
MLS Listing ID CRMC24180605
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 17.990 Acres
Property Description
Here is an 18-acre walnut ranch with industrial development potential for sale! The chandler variety walnut orchard was 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.w
Location
State CA
County Merced
Interior
Fireplace No
Exterior
View Orchard
Building
Lot Description Agricultural
Water Shared Well
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