1081 E Gerard Ave

Merced CA 95341

783644 sq. ft.

Land

Last sold for $1,349,250

Ernesto Ochoa, last sold this property on 05 May 2026 after 308 days on market.

Overview

Here is an 18-acre walnut ranch with industrial development potential for sale! The chandler variety walnut orchard was planted in 2017 and the ranch is situated in southeast Merced. This parcel is close to city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth and development. The city sewer lines are accessible at Gerard Ave, with future City plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust expansion near Mission Ave and retail growth at the new Gateway Marketplace by Hwy 99. This land is zoned M-2 for heavy industrial/manufacturing uses and align with the City of Merced's General Plan for industrial development. The irrigation is currently via a double line drip irrigation system and the ranch is within the Merced Irrigation District for access to Class I district water. However, their current irrigation comes from a well situated across the road on the owner's separate ranch. The seller would be open to a well sharing agreement to continue existing irrigation. Make this ranch your homesite or plan for future development! The property is within the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA). For more information on SGMA, go to www.sgma.water.ca.gov/portal/. The ownership is also open to selling all lots together.

Features

783644 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Merced over the last 12 months, the estimated median property value of 1081 E Gerard Ave is $475k.

Median value

$475k

Estimated value range

$6.25k - $1.93m

Median days on market

121

Estimated value trend

-38%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Merced. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.