REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$2,400,000

Est. payment - /mo

24.5 Acres Lot

Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25044845

Lot Size 24.500 Acres

Property Sub-Type Lots/Land

Property Description

OWN YOUR TOMORROW IN MERCED!!! Unlock an exceptional investment opportunity with this 24.5-acre property, offering prime Highway 99 visibility within 15 minutes of UC Merced, one of the fastest-growing universities in California. With 5 acres designated for General Commercial use in the General Plan, and commercial on both sides, this site is perfect for retail centers, office spaces, or mixed-use developments, capitalizing on the high-traffic exposure from Highway 99 and the expanding student and residential population. The remaining 19.5 acres are zoned R1, offering long-term residential development potential in a market that is booming due to university-driven economic growth, and a housing shortage in the area. Whether youre looking to build now or hold for future appreciation, this property provides a versatile investment with multiple possibilities for revenue streams. As UC Merced continues to expand enrollment and research facilities, the demand for housing, retail, and services will only increase, making this a prime opportunity for forward-thinking investors and developers. The property is currently leased for seasonal agricultural land crops with MID water access.

Location

State CA

County Merced

Direction The property can be accessed on Lobo Just west of Wolf Street and Ashby just east of 2058 Ashby Rd. Cali Bros Truck Lines

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 057390007

Acceptable Financing Land Contract

Listing Terms Land Contract

Read Less Info

Listed by Monica Franks, DRE#01269788 Homesmart PV & Assoc., Merced

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

GET MORE INFORMATION

2577 Lobo Merced, CA 95348