±8.07 ACRES COMMERCIAL LAND

MANTECA, CALIFORNIA

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ONLINE AUCTION OVERVIEW

This online Auction Plus event is for ±8.07 acres of vacant land in Manteca, California.

The Future of Real Estate’s Auction Plus sale allows buyers to include contingencies along with their bid(s).

This seller is highly motivated and has set the minimum bid at just $1,299,000. Bid deadline for this auction is October 24, 2019 (5pm PST).

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EXECUTIVE SUMMARY

The Future of Real Estate FRE is pleased to present the Online Auction Plus event for a well located ±8.07 acre vacant / undeveloped land offering in the city of Manteca, San Joaquin County, California. Due to its close proximity to State Highway Route 120 and State Highway Route 99, this property located within the Manteca Industrial Park offers a wide range of potential development uses that would support many types of professional uses ranging from logistical to manufacturing.

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PROPERTY HIGHLIGHTS

±8.07 Acres

One (1) parcel – APN: 221-050-14

Municipality: City of Manteca, San Joaquin County, CA

Zoning: CMU (Commercial Mixed Use) Property. From the Manteca Zoning Ordinance (Title 17), the CMU zone states “this designation will accommodate a variety of uses including high-density residential, employment centers, retail commercial, and professional offices.” Allowable residential density is at 15 to 25 dwelling units per acre

Undeveloped vacant land

Access: located at the corner of S. Main Street and Carnegie Court

City of Manteca population: ±75,314

Topography: flat

±619 feet of frontage along S. Main Street

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LOCATION OVERVIEW

Subject property is located only 0.25 miles north of State Highway Route 120, about 0.5 miles south of Yosemite Avenue. Once you have arrived to either SR 120 or Yosemite Avenue, State Route 99, a major central California north-south arterial highway, is only 1.25 miles to the east. Frontage and visible along Carnegie Court and S. Main Street, in south-central Manteca.

Located within the Manteca Industrial Park (MIP). The MIP is a 1970’s development comprised of ±103 acres on the east side of Main Street, south from Moffat Blvd. The MIP is largely built-out with current uses including manufacturing, distribution, transportation, warehousing and service industry. Most buildings are full and well stabilized.

The City of Manteca is located along State Highway Route 120, between Highway 99 and the I-5 freeway • ±13 miles to Stockton • ±49 miles to San Jose • ±56 miles to Sacramento • ±58 miles to Oakland • ±66 miles to San Francisco

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DEMOGRAPHICS MANTECA, CALIFORNIA

TOP EMPLOYMENT BY OCCUPATION

Office & Administrative: 15.5%

Sales: 10.8%

Management: 7.8%

Production: 7%

Construction & Extraction: 6.2%

TOP EMPLOYMENT BY INDUSTRY

Retail Trade: 13.4%

Healthcare & Social Assistance: 12.5%

Manufacturing: 11.5%

Educational Services: 8.13%

Construction: 7.8%

2017 statistics

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YEAR-ROUND ACTIVITIESMANTECA, CALIFORNIA

ONLINE AUCTION±8.07 ACRES COMMERCIAL LAND

Manteca, California

Minimum Bid $1,299,000 Bid Deadline October 24, 2019

for more information & auction details visit www.LEEbid.com/300

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