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2304 Mitchell Rd - Vacant 5.1 AC Commercial Land
5.1 Acres of Commercial Land Offered at $5,234,208 CAD in Ceres, CA 95307
Investment Highlights
- Proximity to major employers: Amazon, Walmart, FedEx- Across from existing shopping center with high-volume national tenants
- Approved uses: Supermarket, C-Stores, Restaurants, Retail/Service, Office, Medical
- Strong population: 166,556 consumers within 5-mile radius - Average household income: over $81,000 in 5-mile radius
- Zoned Community Commercial - Direct arterial access to Interstate 99
- High daily traffic: Mitchell Road (28,000 vehicles/day) and Whitmore Avenue (27,000 vehicles/day)
Executive Summary
of the last remaining commercially zoned development opportunities in the city east of I-99.
Ceres is a rapidly growing community poised for significant economic expansion. By 2026, the population is expected to surpass 50,000, driven by new housing projects such as a 7,000-home development west of Highway 99. The area is also seeing enhanced infrastructure investments, including the Service and Mitchell Road bridge project and the expansion of public services, such as a new water treatment plant. These initiatives, coupled with a strong median household income of $81,000 and affordable housing options, position Ceres as a desirable and accessible market for businesses and residents alike.
The subject property sits in a robust trade area, serving over 166,000 consumers within a 5-mile radius. It is surrounded by a thriving mix of daily-needs and destination retailers, including Walmart, SaveMart, Starbucks, and In-N-Out Burger. The site’s proximity to major employment hubs such as Amazon, Walmart, and FedEx logistics centers ensures a consistent flow of daytime traffic and purchasing power, further enhancing its development potential.
Property Facts
1 Lot Available
Lot
Price | $5,234,208 CAD | Lot Size | 5.10 AC |
Price Per AC | $1,026,315 CAD |
Price | $5,234,208 CAD |
Price Per AC | $1,026,315 CAD |
Lot Size | 5.10 AC |
This 5.10-acre parcel, zoned C-2 (Community Commercial), is strategically positioned at the signalized intersection of Whitmore Avenue and Mitchell Road, two major thoroughfares providing direct access to Interstate 99.
Description
2304 Mitchell Road in Ceres, CA, is located within the Mitchell Road Corridor Specific Plan, which spans 450 acres along Mitchell Road between Highway 99 and the Tuolumne River. The plan provides structured development guidelines, including zoning, land use policies, and strategies for infrastructure improvements such as transportation, utilities, and public services. This corridor plays a key role in Ceres' economic development, offering significant opportunities for business and community growth due to its strategic location along Highway 99, enhancing accessibility and connectivity, making it an attractive investment area.
PROPERTY TAXES
Parcel Number | 069-13-20 | Improvements Assessment | $89,417 CAD |
Land Assessment | $450,419 CAD | Total Assessment | $539,837 CAD |
PROPERTY TAXES
zoning
Zoning Code | CC |
CC |
Presented by
2304 Mitchell Rd - Vacant 5.1 AC Commercial Land
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