Property profile

1192 Gerard Ave Merced, CA 95341

OFF-MARKET
Other land
Property ID
US09-1283480
9.97 ac lot
Entity Owned
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of a 9.97-acre almond ranch located in southeast Merced, near the city limits and in proximity to Hwy 99 and the UC Merced Campus Expressway. The orchard includes nonpareil and carmel almond varieties planted in 2006, and the site is zoned M-2 for heavy industrial and manufacturing uses, consistent with the City of Merced’s General Plan industrial designation. City sewer lines are available at Gerard Ave, and future utility extensions are planned to extend services toward Mission Ave to support development. Irrigation is provided by a double line drip irrigation system, with water access through the Merced Irrigation District and the property located within the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA); the current irrigation water is supplied by a well situated across the road on an adjacent separately owned ranch. The land is suitable for continued use as a homesite or for future development in accordance with the applicable zoning and planning framework.

Property profile

Verified
Property type Other land
Lot 9.97 ac (434,293 SF)
UPID US09-1283480

Cap rate & NOI

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

Location

1192 Gerard Ave Merced, CA 95341
Merced metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2025
Price N/A
2024
Price N/A
2016
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1192 Gerard Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message