Excellent opportunity for regional commercial and/or highway-oriented commercial sites on a 13.66 acre site at the southern entryway to Ceres and Southeast Modesto (Modesto Airport & Beard Industrial Business Park). The property offers variable pad sizes adjacent to the State Route 99 and Mitchell Road interchange. New diverging diamond interchange at Service Road and State Route 99, adjacent to this site, is in design and environmental review stage by CalTrans. Property is situated across the street from an approved 300,000 square foot regional shopping center, to be anchored by a 200,000 square foot Super Walmart store (northwest corner of Service and Mitchell Roads) with all planning/development entitlements awarded by City and construction expected to commence in the summer of 2018. CEQA work is complete and these sites are nearly shovel ready, requiring only site plan review by the Ceres Planning Commission. Additionally, these parcels are located within a recently-designated Opportunity Zone creating eligibility for credits against capital gains funds that are invested in businesses and/or property developments on these sites!!!
Created on September 19th, 2016 (last updated about 2 months ago)