Nick Sadek Sotheby's International Realty
Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
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listing
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LandFor Sale
$4,089,750
1557 E Gerard, Merced, CA 95341
Merced, CA 95341
Listed by: Keller Williams Merced, 5004663
MLS: MetroList - Sacremento
Est. Mortgage
$21,211/mo

Portfolio land listing for sale! Your chance to acquire 4 parcels, collectively located off Gerard Ave. Situated in southeast Merced, these parcels are close to the city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth & 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 & retail growth at the new Gateway Marketplace by Hwy 99. All properties are zoned M-2 for heavy industrial/manufacturing use & align with the City of Merced's General Plan for industrial development. The 1st parcel spans 19.57 acres with income-generating walnut trees and double line drip irrigation. The 2nd is a 9.97-acre parcel w/ almond trees, also with double line drip irrigation. Similarly, the 3rd parcel covers 17.98 acres, & the 4th 6.98 acres, both planted w/ income-producing almond trees & equipped w/ double line drip irrigation systems. The 4 parcels are planted w/ permanent trees that have access to Class I district water. The current irrigation comes from an irrigation well situated across the road on owner's separate ranch. Seller will agree to a well sharing agreement with Buyer.

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