$523,500
For Sale

1035 E Gerard Avenue

Merced, CA 95341
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Here is a 6.98 acre almond ranch with industrial development potential for sale! The nonpareil and carmel almonds were planted in 2006 the ranch is situated in southeast Merced. Parcel is close to city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth and development. 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 info on SGMA, go to www.sgma.water.ca.gov/portal/

  • Property Details
      • ZoningAgricultural
      • Lot DescriptionSee Remarks
      • Sewer InformationSee Remarks
      • Utility SourceSee Remarks
      • Utility FeaturesSee Remarks
      • Property SubtypeAgriculture
      • MLS #224099939
      • MLS #224099939
      • Property TypePurchase
      • Acres6.9835
      • CountyMerced
      • Cost523500

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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