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1557 E Gerard Merced, CA 95341
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Key Details
Sold Price $1,375,000
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224096277
Lot Size 19.573 Acres
Property Sub-Type Agriculture
Property 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).
Location
State CA
County Merced
Area 20406
Zoning M-2
Exterior
Utilities Available See Remarks
Building
Lot Description Shape Regular
Sewer See Remarks
Water Shared Well
Schools
Elementary Schools Merced City
Middle Schools Merced City
High Schools Merced Union High
School District Merced
Others
Special Listing Condition None
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Bought with Century 21 Select Real Estate