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    2 Billy Wright Rd Los Banos, CA 93635

    Sponsored
    For Sale
    $554,850

    Prime Agricultural & Manufacturing Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20-acre minimum parcel, located at 2 Billy Wright Road in Los Banos, California (zip code 93635), presents a unique investment opportunity. Priced at $554,850, the property boasts a strategic location on the west side of Los Banos, offering convenient access to Interstate 5. While primarily zoned A-1 agricultural, a review of the Merced County GIS imagery suggests a portion of the property, specifically the west corner, may be zoned for commercial use. Prospective buyers are strongly encouraged to verify allowable uses with Merced County. The property includes San Luis Water District rights, a significant asset for agricultural or manufacturing operations. This listing encompasses the parcel identified by the address 2 Billy Wright Road. However, please note that adjacent parcels, APNs 078-280-030 and/or 032, may be available for purchase as a combined offering. The property's versatility and strategic location make it suitable for a range of uses, subject to county zoning regulations. Detailed zoning information and potential uses should be confirmed independently with the relevant authorities. This is a rare opportunity to acquire land with significant potential in a rapidly growing area. Latitude and longitude coordinates are 37.0021632, -121.0453819.

    Property Features for 2 Billy Wright Rd

    General Information

    Property type
    Manufacturing properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Los Banos
    County
    Merced
    State
    California
    Longitude
    -121.0453819
    Latitude
    37.0021632

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Agricultural & Manufacturing Land
    Where is this manufacturing property located?
    The property is located at 2 Billy Wright Rd Los Banos, CA.
    What is the asking price?
    The asking price for this property is $554,850.
    Request Owner's contact information
    2 Billy Wright Rd Los Banos, CA 93635
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    Los Banos, CA 93635
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Billy Wright Rd Los Banos, CA 93635
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