1557 E Gerard 259150034
Merced, CA, 95341
$4,089,750
Beds
0 Baths
SqFt
54.53 Acres
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Portfolio land listing for sale! This is a chance to acquire a total of 4 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 four parcels planted with permanent trees have access to Class I district water. However, their current irrigation comes from an irrigation well situated across the road on the owner’s separate ranch. Seller will agree to a well sharing agreement with Buyer. 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!

Property Details

Price:
$4,089,750
MLS #:
MC24075471
Status:
Active
Baths:
0
Address:
1557 E Gerard 259150034
Type:
Land
City:
Merced
Listed Date:
Jun 25, 2024
State:
CA
ZIP:
95341
Lot Size:
2,375,326 sqft / 54.53 acres (approx)
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1557 E Gerard 259150034
Merced, CA