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 you’re 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.
Details
| MLS # | MC25044845 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 554 |
| Listing Provided By | Homesmart PV & Assoc., Merced | Monica Franks |
Features
| Zoning | R-1 |
|---|---|
| Acreage | 24.50 |
| Property View | Yes |
Exterior
| Lot Features | Twenty One To Twenty Five Units Acre |
|---|
Location
| Community Features | Rural |
|---|
Area Information
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95348 |
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Learn More About This Property
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95348 |
 | $105,0000 Cabot AvenueMerced, CA 95348 |
 | $749,9000 Franklin RdMerced, CA 95348 |