$12,313,750
$12,500,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
56.7 Acres Lot
SOLD DATE : 08/31/2021
Key Details
Sold Price $12,313,750
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC19136891
Sold Date 08/31/21
HOA Y/N No
Lot Size 56.700 Acres
Property Description
4 parcels totalling 56.7 Acres. 3 of 4 parcels totalling 48.9 acres are within the City Limits and Zoned I-H (Heavy Industrial) and eligible for cannabis related busiesses (Buyer to verify with City Planning Department). 4th Parcel is 7.8 acres in the County and zoned M-1 (Light Manufacturing). Primary warehouse bldg. is 104,000 SF CTU with 12 truck docks ( 6 at each end of CTU). Building has 24' clear height and is fully sprinklerd and rated for high pile storage. Existing rail spur (UPRR) can accomodate 16 boxcars and could potentially be extended for center beam rail cars as well. Has 319,295 SF of thick cement slabs for exterior storage (possibly build additional buldings or greenhouses on?) and another 326,700 SF of concreted truck staging area. Electrical service is provided by MID (purportedly 10% to 15% less expensive as compared to PG & E rates). There are 3 x 2,500 KVA transformers and 3 x 4,000 AMP electrical panels. Gas available via an 10" steel line and has capacity for approximately 700,000 scfh@35psig. City water provided via a 10" line rated at 50-55psi. Sewer service provided by the City of Merced. Property is located in very close proximity to and visible from Hwy. 99 and Hwy. 59.
Owner in process of letting contract to demolish and remove old processing equipment and antiquidated out buildings. Ideal location for a third party logistics center or a multi-building industrial center.
Location
State CA
County Merced
Zoning Heavy industrial
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry None
Exterior
Fence Barbed Wire, Chain Link, Cross Fenced, Good Condition
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Roof Type Barrel,Membrane
Building
Lot Description Irregular Lot, Lot Over 40000 Sqft, Near Public Transit, Level
Water Public
Others
Tax ID 059051029000
Security Features Security System,Fire Sprinkler System,Security Gate
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Private
Special Listing Condition Standard
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