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Lot/land
  • Listing Provided by: 

    Mathew Madruga DRE #02075873 949-514-9100,

    EXP Realty of California, INC,

    Ernesto Ochoa DRE #01247053 209-500-4663,

    Keller Williams Property Team

    $12,000,000

    2246 E Mission Ave #63, Merced, CA 95341

    --beds
    --baths
    161.52Acres
    Unimproved Land
    Built in ----
    161.52 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Future development land
    161.52+/- acres of future development land in South East Merced. Strategically located within close proximity to Hwy 99 and the newly developed Campus Expressway overpass, a direct route to UC Merced. The property is also located within the City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow for large scale tournaments, concerts, and events. Land running along Mission Ave is quickly becoming the object of attention as residential communities and city infrastructure is being brought further south to accommodate the city's massive growth and grossly underserved commercial/industrial/residential needs. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.
    466 days
    on Zillow
    |
    5
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 05:01pm

    Listing Provided by:

    Mathew Madruga DRE #02075873 949-514-9100,

    EXP Realty of California, INC,

    Ernesto Ochoa DRE #01247053 209-500-4663,

    Keller Williams Property Team

    Source: CRMLS,MLS#: MC23188559MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Interior

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s), Orchard, Panoramic, Pasture
    Lot
    • Size: 161.52 Acres
    • Features: Agricultural, Lot Over 40000 Sqft, Value In Land, Mineral Rights
    • Topography: Level
    Details
    • Additional parcels included: 066031004000, 066031005000, 066031006000, 066031009000, 066031010000, 066031011000, 066031012000
    • Parcel number: 066031003000
    • Lease amount: $36,000
    • Land lease expiration date: 1703980800000
    • Zoning: A-1
    • Special conditions: Trust

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Agricultural Well, Well
    • Utilities for property: Electricity Connected, Propane, Phone Connected, Water Connected

    Community & HOA

    Community
    • Features: Rural
    Location
    • Region: Merced

    Financial & listing details

    • Date on market: 10/19/2023
    • Listing terms: Cash,Cash to New Loan,Submit
    • Road surface type: Paved
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