Listing provided courtesy of Ernesto Ochoa of Keller Williams Property Team. Last updated 2024-08-31 09:18:46.000000. Listing information © 2024 Sandicor.
Asking Price: $1,350,000
1081 Gerard, Merced CA 95341
Community:
This Lots/Land property was built in and is priced at $1,350,000. Please see the additional details below.
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.water.ca.gov/portal/. The ownership is also open to selling all lots together.