5308 Wallace Road
Atwater, CA 95301
- – beds
- – baths
- – sqft
- ~11 acre lot
- – on site
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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.
Listing courtesy of METROLIST / Fiorini Real Estate Services
Last checked:
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Last updated Nov 11, 2024
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MLS# 224041080 —
Location
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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.
The Property
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Parcel Number:051-040-011-000
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Property Type:Land
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Property Sub Type:Commercial Lot
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Lot Features:Shape Regular
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Lot Size Acres:11.0
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Lot Size Square Feet:479160.0
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Lot Size Units:Acres
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Lot Size Source:Assessor Agent-Fill
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Topography:Mostly Level,Mostly Level
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Zoning:Business Park
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Zoning Description:Agricultural,Agricultural/Residential,Business/Professional,Commercial,See Remarks
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Current Use:Agricultural,See Remarks
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Possible Use:Agricultural,Commercial
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Crops:See Remarks
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Vegetation:Crop(s)
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Soil:Sandy
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Fencing:None
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Horse:false
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Other Structures:None
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Other Equipment:None
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Irrigation Source:Public District,District
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Road Frontage Type:City Street,County Road
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Road Surface Type:Paved
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Home Warranty:false
Utilities
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Utilities:See Remarks
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Sewer:None
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Water Source:Irrigation District
Schools
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Elementary School District:Atwater Elementary
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Middle Or Junior School District:Atwater Elementary
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High School District:Merced Union High
The Community
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Senior Community:false
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Spa:false
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Pool Private:false
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Association:false
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Development Status:Farm Land
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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10/17/24
Oct 17, 2024
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Sold | METROLIST | $657,500 | 14.3% |
6/14/24
Jun 14, 2024
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Pending | METROLIST | $575,000 |