20.5 Ac Cultivation Lot for Sale in Atwater

Vacant Land for Sale
Catylist Listing ID: 30154143
Property Subtypes: Industrial
Gross Land Area: 20.50 Acres
Sale Price: $5,580,000
Unit Price: $272,195 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2017

Overview / Comments

Atwater, in the heart of the Central Valley, has a
proposed cannabis ordinance in place which should be approved in
the next 30-60 days. Be ahead of the game and purchase this prime
land. Zoned BP/Commercial/Industrial. Located along Hwy 99, this
parcel has 3,000’ of visibility and sits right off the freeway exit. Partially
fenced, this lot has paved roads to the property, 3-phase power and
ample water. Sewer available in the street. Located one mile from the
Atwater airport and 6 miles from the Merced airport. Can be divided
into 5 parcels without a subdivision map. Owner will consider a lot
split. Great location, only 2500’ from a major regional shopping center
with Starbucks, restaurants, shops, and 13 minutes from the new UC
Merced. Call our office for a copy of the proposed ordinance. Suitable
for manufacturing, cultivation and distribution. Not currently allowed
for a dispensary. Owner will carry with a substantial down payment.
No C.U.P. will be required. Located 2 hrs from San Francisco, 2 hours from Monterey, 4 hours from Los Angeles, 1.5 hours from Sacramento and 1 hour from Fresno.

Attachments & Media

Additional Details

Nearest MSA: Merced
County: Merced
Tax ID/APN: 001-146-015
Zoning: BP- BUSINESS PARK/COMMERCIAL/INDUSTRIAL
Property Located Between: North off Hwy 99
Largest Nearby Street: Hwy 99
Zoning Description: Business Park/Commercial/Industrial
Available Utilities: Electric, Water, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,342 38,654 54,652
Median Age: 29.77 31.72 30.58
Households: 2,899 12,024 16,236
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