• Wallace Road Atwater, CA 95301

  • $575,000
  • 0
    Sq Ft

Instant Income & Future Potential: This 11-acre property in Merced Irrigation District guarantees immediate returns. A portion is leased for a cell tower, yielding significant monthly income, while the rest is leased for sweet potato farming. Total annual income is just over $40,000. Additionally, the parcel is zoned for business park in Atwater, so there's promising potential for future development.

Property Type :

Land

County :

Merced

Style :

Land

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Property Details

 

Water/Sewer

Sewer: None

Heating & Cooling

Water Source: Irrigation District

Road Type

Paved

City Street,County Road

Fencing

None

Fencing

None

Lot Information

Lot Description: Shape Regular

Lot Square Feet: 479,160

Topography: Mostly Level

Property Information

Property Type: Land

Sub Type: Commercial Lot

Cross Street: Santa Fe Dr

Source Neighborhood: 20404

Postal Code Plus 4: 3131

Area: Atwater S: 95301

Zoning: Agricultural,Agricultural/Residential,Business/Professional,Commercial,See Remarks

Farm Info

Irrigation Source: Public District,District

Listing Price Information

Listing Id: 224041080

List Price: $575,000

Tax Information

Parcel Number: 051-040-011-000

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: Atwater Elementary

Junior High School District: Atwater Elementary

Senior High School District: Merced Union High

Utility Information

See Remarks

Location Information

Direction: From Santa Fe in Atwater go east on Wallace Rd. Property is on the right side before castle air museum. Cell tower is on the southwest corner of the property. No other structures.

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Nearby Home Value

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85 Rancho Grande Circle, Atwater, CA,95301 $114,999 2 2 1,208 --
2863 Crest Road, Atwater, CA,95301 $365,000 6 -- 2,180 17424 Sqft
1810 Santa Ynez Court, Atwater, CA,95301 $479,900 3 2 1,728 7018 Sqft
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ByOwner last updated this listing 05/15/2024 @ 15:06

MLS: 224041080
LISTED BY: Jay Fiorini, Fiorini Real Estate Services
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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