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±15.98 Acres CA-99 Highway Commercial Land

Listing was updated on: 08/01/2019
±15.98 Acres CA-99 Highway Commercial Land ±15.98 Acres CA-99 Highway Commercial Land ±15.98 Acres CA-99 Highway Commercial Land ±15.98 Acres CA-99 Highway Commercial Land

Property Overview

Price/Rent PSF $ 3,000,000.00
Asset Type Land
Trade Type Sale
Acres Available 15.98
Date Available 08/01/2019
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Description

Location
Strategically located at the interchange of CA State Highway 99 & Avenue 18 1/2 in Madera, CA. Location is an intersection north of the most recent growth point of town, surrounded by future housing tracts and commercial developments. Easy north/south Hwy 99 access & will benefit from this large, expanding commercial market. Located on the NEC of Avenue 18 1/2 and CA-99. in Madera, California.

Madera, California is located in Madera County and anchored by the heavily traveled State Highway 99. It is a growing city between Fresno and Merced of the Central San Juaquin Valley covering 2,137 square miles. It is ideally part of the Fresno-Madera Metropolitan Area with a 13,964 square mile trade area including Madera, Chowchilla, Ahwahnee, Bass Lake, Bonadelle Ranchos-Madera Ranchos, Coarsegold, Fairmead La Vina, Madera Acres, Nipinnawasee, Oakhurst, Parksdale, Parkwood, Rolling Hills, Yosemite Lakes & more.

Sale
±1 to ±15.98 acres undeveloped highway commercial land located at the northwest intersection of Exit 159 - Avenue 18 1/2 - State Route CA 99, adjacent to the city of Madera, CA. Property will serve within the traffic access pattern to the proposed new North Fork Rancheria Resort Hotel and Casino consisting of 200 guest rooms, restaurants and an entertainment lounge. Highly visible corner location w/ easy Highway Exit and Entrance with long frontage along HWY 99. High traffic attracted to the site via the newly developed Pilot Travel Center, Chevron, Shell,, nearby Airport, Industrial park, and various residential developments (existing Madera Highlands and new tracts). One Parcel of Highway Commercial land totaling ±15.98 acres that can be sold individually, parceled into smaller pads, or purchased all together. Parcel(s) offered for sale, ground lease, lease w/ option, seller-carry, etc.

Avenue 18 1/2 is a full interchange Highway 99 overpass, a natural resting spot for travelers and commuters to and from some of the California destinations such as Yosemite National Park, San Francisco, Sacramento, Santa Cruz, Monterey, Pismo Beach, Santa Barbara & Los Angeles. Excellent big-box site, fast food, fuel station, hotel, super market shopping center, lodging, restaurant, freeway-oriented hotel, and vehicle sales. Parcels offered for sale, ground lease, lease w/ option, seller-carry, etc.


Strategically positioned at the full interchange with both north and south bound loop on and off-ramps, which carry approximately ±148,089 cars per day; CA-99: ±58,770 northbound and ±65,351 westbound; Ave 18 1/2: ±11,729 eastbound and ±12,239 southbound. The newer multi-million dollar interchange project recently completed connecting to the realigned thoroughfares on the east and west side of the interchange. Existing ramps dispense traffic directly at signalized intersection at the subject property. Flexible commercial zoning uses include convenience store, car wash, hotel, conference center, quick serve & sit down restaurants, food market, retail strip center, professional office, etc. All wet & dry utilities at site. Est 1,251 feet of Hwy 99 visibility.

Location

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