Property profile

0 Gurr Rd Merced, CA 95341

OFF-MARKET
Land
627.23 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: 627.23 acres of prime agricultural land in Merced County, California (APN: 065-120-003 & 022). This property boasts 450± acres of six-year-old almond trees and 135± acres of open land, all situated on S Gurr Rd, Merced, CA 95341. The orchard benefits from a robust irrigation system, including dual line drip irrigation, supplied by the Merced Irrigation District. The property also features three pumps: one 200 HP, one 75 HP, and a 150 HP booster pump at the filter station. The sale includes a well-established water infrastructure. The buyer will be responsible for reimbursing the seller for cultural costs associated with the 2024 almond crop. It's important to note that the sale is contingent upon the buyer assuming the existing lease/crop share agreement for the almonds. The property is zoned A-1 General Agricultural and is located within the Williamson Act. This presents a unique opportunity to acquire a substantial and productive agricultural holding in a desirable location. The young almond orchard and expansive open land offer significant potential for growth and diversification. This property is priced at $21,800,000.

Property profile

Verified
Property type Land
Lot 627.23 ac (27,322,139 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gurr Rd Merced, CA 95341
Merced metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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