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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

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EXECUTIVE SUMMARY

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 $6,454,200

PROPERTY FACTS Under Contract

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
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

PROPERTY TAXES

Parcel Number
060-030-045
Land Assessment
$50,483
Improvements Assessment
$139,101
Total Assessment
$189,584
  • Listing ID: 32736809

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 1550 E Cardella Rd, Merced, CA 95340

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