Listed by PMZ Commercial
Unpriced
Ferrari Ranch
Details
APN 005-120-045,005-120-046
Property Type Land
Sub Type Industrial
Acreage 171.460
Zoning Planned Development Master Plan (PDMP)
Investment Type Redevelopment
Land | 171.46 acres
Marketing description
Ferrari Ranch is a fully entitled, mixed-use development site strategically located at the gateway to Atwater and the greater Merced region. This premier project offers substantial commercial, retail, medical, office, and recreational development potential on a large-scale vacant parcel with excellent visibility and access.
Investment highlights
- Regional Retail/Commercial Complex: Up to 1,574,990 SF on 102.5 acres (Grocery/Drug, Fast Food, Primary Retail, IMAX Theatre, Big Box, Hotel – 180 rooms, etc.)
- Regional Medical Complex: Up to 666,100 SF (Hospital – 196 beds + Medical Office) on 30.1 acres
- Regional Sports Complex: 20.4 acres (sports fields, parking, support facilities)
- Storm water detention and supporting infrastructure
- Direct frontage on 99 FWY / Atwater-Merced Expressway
- Gateway to UC Merced (15 minutes) and Castle Commerce Center (11 minutes)
- Proximity to Merced County Castle Airport
- Benefits from UC Merced expansion and regional infrastructure investments
- Fully approved entitlements including:
- General Plan Amendment
- Prezoning (Ordinance CS 980)
- Vesting Tentative Map (VTM 1701) – subdivides into 276 lots/blocks for flexibility
- Planned Development Master Plan (PD 17-01)
- Program EIR certified (SCH No. 2014101045) with Mitigation Monitoring Program
- Original Development Agreement (2017), Amended & Restated July 14, 2025 (Ordinance CS 1072)
- FWY interchange completed and open
- City-received federal funding for water and sewer infrastructure (reducing developer costs)
- Storm drainage and transportation facilities planned
- Projected benefits: Increased property tax revenues, employment opportunities, high-quality medical services, and enhanced city gateway image
- Procuring Broker Fee: 2.5%
Listing Contacts
Listed by PMZ Commercial
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