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20+ Acres CA-99 Highway Commercial Land (All or Partial)

Listing was updated at: 06/03/2019
20+ Acres CA-99 Highway Commercial Land (All or Partial) 20+ Acres CA-99 Highway Commercial Land (All or Partial) 20+ Acres CA-99 Highway Commercial Land (All or Partial) 20+ Acres CA-99 Highway Commercial Land (All or Partial)

Property Overview

Price/Rent PSF $ 5,000,000.00
Asset Type Land
Trade Type Sale & Lease
Acres Available 20.76
Date Available 05/24/2019
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Description

Location
Strategically located at theinterchange of CA State Highway 99 & Avenue 17 in Madera, CA. Location is 1 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. These parcels are located on the NWC & NEC of Avenue 17 and Golden State Blvd. in Madera, California.

Madera, California is located in MaderaCounty 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 ±20.759 Acres Highway Commercial Development located at the northwest intersection of Exit 157 - Avenue 17 - State Route CA 99, adjacent to the city of Madera, CA. 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 Arco, nearby Airport, Industrial park, and various residential developments (existing Madera Highlands and new tracts). Four parcels of Highway Commercial land totaling ±904,304 SF or 20.759 acres that can be sold individually, parceled into smaller pads, or purchased all together. The east side has 2 parcels; ±236,530 SF of build-able land and ±42,253 SF for a ponding basin priced at $1.89M or $8/SF. The southwest has ±375,932 SF of build-able land and the northwest has ±167,339 SF of build-able land. The west side has a storm drain basin of ±82,750 SF (30% to the north, 70% to the south). The south is priced at $2.44M or $6.50/SF and the north at $670K or $4/SF.

Avenue 17 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, 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 17: ±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. Plexible 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.

Lease
S

Location

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