Address
5308 Wallace Road, Atwater, CA
Price
$ 575,000
Property Attributes
- MLS#224041080
- TypePending
- CountyMERCED
- CityAtwater
- AreaAtwater
- Zip95301
- StyleCommercial Lot
- Price$ 575,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size11 Acres
Data Source:
MetroList MLS
Property Description
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.
| Price History | |
|---|---|
| 4/29/2024 | Listed $575,000 |
General Features
| Sewer | None |
|---|---|
| Utilities | See Remarks |
| Development Status | Farm Land |
| Zoning | Business Park |
| Crops | See Remarks |
| Topography | Mostly Level |
| Property SubType | Commercial Lot |
| Current Use | Agricultural,See Remarks |
| County | Merced |
| Property Type | Land |
| HOA / Comm Assn | No |
| Distance To Electric | Electricity To Site |
| Possible Use | Agricultural,Commercial |
| Other Structures | None |
| Close Price | 0.0 |
| Status | Pending |
| Directions | 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. |
| City | Atwater |
| Buyer Agent Compensation | 2.25 |
| High School District | Merced Union High |
| Zoning Description | Agricultural,Agricultural/Residential,Business/Professional,Commercial,See Remarks |
| MLS Area | 20404 |
| Lot Size Square Feet | 479160.0 |
| Standard Status | Pending |
| Middle/Junior School District | Atwater Elementary |
| Elementary School District | Atwater Elementary |
| Buyer Agent Compensation Type | Percent |
Exterior Features
| Vegetation | Crop(s) |
|---|---|
| Fencing | None |
| Lot Features | Shape Regular |
| Water Source | Irrigation District |
| Total Parking | 0.0 |
| Soil | Sandy |
| Lot Size Acres | 11.0 |
| Road Surface Type | Paved |
| Lot Size Source | Assessor Agent-Fill |
| Road Frontage Type | City Street,County Road |
| Other Equipment | None |
| Number of Lots | 1 |
| Road Responsibility | Public Maintained Road |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 95301
Price
Visits
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MetroList CA data last updated: June 16, 2024 5:57 AM UTC 