This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
5308 Wallace Road, Atwater, CA 95301
$575,000 Sale Pending
5308 Wallace Road, Atwater, CA 95301View this property at 5308 Wallace Road, Atwater, CA 95301
5308 Wallace RoadAtwaterCA95301
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
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.
Full Property Details
Full Property Details for 5308 Wallace Rd
General
- Price: $575,000
- Status: Pending
- Type: Commercial Land
- MLS ID: 224041080
- Updated: 5/20/2024
- Added to Site: 21 day(s) ago
Location
- County: Merced
- Cross Streets: Santa Fe Dr
- Driving 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.
School Information
- School District: Merced
- Elem School District: Atwater Elementary
- Midd School District: Atwater Elementary
- High School District: Merced Union High
Utilities
- Sewer: None
- Water: Irrigation District
- Utility Description: See Remarks
Structural Information
- Current Bldg. Use: Agricultural, See Remarks
Lot Features
- Lot Size (Acres): 11
- Lot Size (Sq. Ft.): 479,160
- Frontage: City Street, County Road, Paved
- Street/Road Desc.: Paved
- Irrigation System: Public District, District
- Topography: Mostly Level
- Development Status: Farm Land
- Present Use: Agricultural, See Remarks
- Potential Use: Agricultural, Commercial
- Trees/Vegetation: Crop(s)
- Crops: See Remarks
- Zoning: Agricultural, Agricultural/Residential, Business/Professional, Commercial, See Remarks
- Lot Description: Shape Regular
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Special Conditions: None
- APN: 051-040-011-000
Listed by Fiorini Real Estate Services
Get Pre-Approved Today
Schools
Schools serving 5308 Wallace Rd
School Districts:Atwater Elementary School District, Merced Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
201 Lake View Dr, Atwater, CA 95301 | K-6 | 0.7 mi | |
1753 5th St, Atwater, CA 95301 | 7-8 | 1.8 mi | |
1800 Buhach Rd, Atwater, CA 95301 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5308 Wallace Rd
Date
Details
Price
Change
Source
4/29/2024
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5308 Wallace Rd
5308 Wallace Road, Atwater, CA 95301 (MLS# 224041080) is a Commercial Land property with a lot size of 11 acres. 5308 Wallace Road is currently listed for $575,000 and was received on April 29, 2024. Want to learn more about 5308 Wallace Road? Do you have questions about finding other Commercial Land real estate for sale in Atwater? You can browse all Atwater real estate or contact a Coldwell Banker agent to request more information.