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1081 Gerard Ave Merced, CA 95341

Sponsored
For Sale
$1,350,000

18-Acre Walnut Ranch, Industrial Potential

Description

Added:
Dec 11, 2024
Days on Market:
398
This exceptional 17.99-acre property in Merced, California, presents a unique investment opportunity. Currently operating as a Chandler variety walnut orchard planted in 2017, this southeast Merced location offers significant potential for industrial development. Its strategic positioning near Highway 99 and the UC Merced Campus Expressway places it within a rapidly growing area anticipated for substantial future expansion. The property is zoned M-2, permitting heavy industrial and manufacturing uses, aligning perfectly with the City of Merced's General Plan for industrial development. City sewer lines are readily accessible on Gerard Avenue, with future city plans extending utilities to Mission Avenue to support new developments. The area is experiencing robust growth, further evidenced by the recent expansion near Mission Avenue and the new Gateway Marketplace retail development along Highway 99. The orchard utilizes a double-line drip irrigation system, drawing water from a well located on the owner's adjacent property. A well-sharing agreement is a possibility for continued irrigation. The property is within the Merced Irrigation District and the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA). This land offers the unique possibility of either continuing agricultural use or transitioning to industrial development, making it an attractive investment for a variety of buyers. The asking price is $1,350,000. The property's address is 1081 E Gerard Ave, Merced, CA 95341.

Property Features for 1081 Gerard Ave

General Information

Property type
Farms
Lot Size
783,644 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Pharmacy Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.4628097
Latitude
37.2808364

FAQs

What type of property is this?
Farm - 18-Acre Walnut Ranch, Industrial Potential
Where is this farm located?
The property is located at 1081 Gerard Ave Merced, CA.
What is the asking price?
The asking price for this property is $1,350,000.
More about this property
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