Property is comprised of one assessor’s tax parcel, totaling 30.40 acres. This land has historically been used as irrigated cropland. The immediate market area is comprised of irrigated cropland, with some permanent plantings, including nut crops, tree fruit and vineyards. This property may well hold very good potential for development to permanent crops. Property is in the Merced Irrigation District (MID). This property is located in an area typically devoted to long-term agricultural and rural residential use. The property is zoned for agricultural use with or without structural improvements. Current zoning designation for the property is “A-1”. This zoning provides for exclusive agricultural use with a 20-acre minimum parcel size. This ranch is located within the Atwater sphere of influence (SOI), designated as very low density residential use according to the City of Atwater General Plan (GP). PROPERTY IS SUBJECT TO A PARTITION PROCEEDING WHICH HAS BEEN REPORTED TO THE BROKER TO HAVE BEEN CONDITIONALLY SETTLED. HOWEVER, INTERESTED PARTIES SHOULD NOTE THAT MEDIATOR/COURT APPROVAL MAY BE REQUIRED. IT HAS BEEN REPORTED TO THE BROKER THAT THE PROPERTY IS SUBJECT TO A VERBAL LEASE.