For Sale
$747,750

1192 Gerard AveMerced, CA 95341

9.97-acre almond ranch, industrial potential

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 9.97-acre property in Merced, CA (APN 259150029000), presents a unique investment opportunity. Currently an almond ranch planted in 2006 with a double-line drip irrigation system, it's zoned M-2 for heavy industrial/manufacturing uses, aligning perfectly with Merced's General Plan for industrial development. The location offers significant advantages: proximity to Highway 99 and the UC Merced Campus Expressway, an area poised for substantial growth; accessibility to city sewer lines on Gerard Ave, with future city plans to extend utilities to Mission Ave; and the burgeoning retail growth at the nearby Gateway Marketplace. While the current irrigation utilizes a well on a separate parcel, the seller is open to a well-sharing agreement. The property is within the Merced Irrigation District and the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA). This land offers the potential for immediate agricultural use or future development as a prime industrial site. The asking price is $747,750. The seller is open to selling all lots together. Further information on the Sustainable Groundwater Management Act (SGMA) is available at www.sgma.water.ca.gov/portal/. This is a rare opportunity to acquire a strategically located property with diverse development possibilities.

Highlights

  • $747,750 asking price for 9.97 acres of agricultural land.
  • Located at 1192 E Gerard Ave, Merced, CA 95341 (APN: 259150029000).
  • M-2 zoning permits heavy industrial/manufacturing uses.
  • Features a double-line drip irrigation system and access to Merced Irrigation District water.
  • Close proximity to Hwy 99 and UC Merced, in an area with significant growth potential.

Property Details for 1192 Gerard Ave

Property type
Land, Farms
Lot Size (sq. ft)
434,293 SF

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.2786789
Longitude
-120.464111
1192 Gerard Ave, Merced, California

FAQs

What type of property is this?
Land - 9.97-acre almond ranch, industrial potential
Where is the land located?
The property is located at 1192 Gerard Ave Merced, CA.
What is the asking price?
The asking price for this property is $747,750.
What are key features of this property?
This property features: $747,750 asking price for 9.97 acres of agricultural land.; Located at 1192 E Gerard Ave, Merced, CA 95341 (APN: 259150029000).; M-2 zoning permits heavy industrial/manufacturing uses.
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1192 Gerard Ave
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