$4,187,250
1557 E Gerard Merced, CA 95341
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$4,187,250
Est. payment /mo
55.83 Acres Lot
Active
1557 E Gerard Merced, CA 95341
UPDATED:
09/30/2024 06:34 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC24075471
HOA Y/N No
Lot Size 55.830 Acres
Property Description
Portfolio land listing for sale! This is a chance to acquire a total of 5 parcels collectively located off Gerard Ave and Tyler Rd. Situated in southeast Merced, these parcels are conveniently close to the 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 plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust residential expansion near Mission Ave and retail growth at the new Gateway Marketplace by Hwy 99. All properties are zoned M-2 for heavy industrial/manufacturing use and align with the City of Merced's General Plan for industrial development. The first parcel spans 19.57 acres with income-generating walnut trees and double line drip irrigation. The second is a 9.97-acre parcel with almond trees, also with double line drip irrigation. Similarly, the third parcel covers 17.98 acres, and the fourth 6.98 acres, both planted with income-producing almond trees and equipped with double line drip irrigation systems. The fifth parcel is an undeveloped 1.32-acre lot measuring 90X639 feet, adjacent to a fencing and powder coating business. The four parcels planted with permanent trees have 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 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 separately!
Location
State CA
County Merced
Zoning M-2
Interior
Fireplace No
Exterior
Fence Wire
Community Features Rural
Utilities Available Sewer Not Available
View Y/N Yes
View Orchard
Present Use Agricultural
Building
Lot Description Agricultural, Rectangular Lot, Street Level
Sewer None
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 259150034
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Ernesto Ochoa • Keller Williams Property Team • 209-704-7653