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1550 E Cardella Rd - Bandoni Development 71.28 Acres of Agricultural Land Offered at $7,910,115 in Merced, CA 95340



EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Price | $7,910,115 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| Sale Condition | Build to Suit | Proposed Use | Master Planned Community |
| No. Lots | 1 | Total Lot Size | 71.28 AC |
| Zoning | Plan Development - Current Zoning is Plan Development. Annexed into the City of Merced in 2004 | ||
| Price | $7,910,115 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Master Planned Community |
| Total Lot Size | 71.28 AC |
| Zoning | Plan Development - Current Zoning is Plan Development. Annexed into the City of Merced in 2004 |
1 LOT AVAILABLE
Lot
| Price | $7,910,115 | Lot Size | 71.28 AC |
| Price Per AC | $110,972.43 |
| Price | $7,910,115 |
| Price Per AC | $110,972.43 |
| Lot Size | 71.28 AC |
5 Parcels totaling 71.28 Acres within the City of Merced city limits and zoned (PD) Plan Development
DESCRIPTION
Development Ready - This is a fantastic opportunity to purchase Development land which currently provides income from 10th independence Almonds. The property consists of 5 parcels that were annexed into the City of Merced in 2004 and consist of approximately 72 Acres. The property is currently zoned (PD) Plan Development. The existing zoning calls for residential, multi-family and neighborhood commercial destinations. The property is located east of G Street Ave just east of the Bellevue Ranch Master Planned Community. It also sits just north of Mercy Medial Hospital, Merced Junior College and Southeast of UC Merced. This is an excellent opportunity to grade this site within the next few years and start building. We have a detailed marketing package on request. This property is being sold along with 2 other large parcels that sit out side of the City Limits but are within the Sphere of Influence. Totaling an additional 115 Acres listed at $7,454,200
PROPERTY TAXES
| Parcel Number | 060-030-045 | Improvements Assessment | $139,101 |
| Land Assessment | $50,483 | Total Assessment | $189,584 |
PROPERTY TAXES
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1550 E Cardella Rd - Bandoni Development
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