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.
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Zillow last checked:
Listing updated:
Listed by:
Monica FranksDRE #01269788209-345-3836,
Homesmart PV & Assoc., Merced
Source: CRMLS,MLS#: MC25044845Originating MLS: California Regional MLS
Facts & features
Property
Features
Has view: Yes
View description: Neighborhood
Lot
Size: 24.5 Acres
Features: 21-25 Units/Acre
Details
Additional parcels included: 057390008
Parcel number: 057390007
Zoning: R-1
Special conditions: Trust
Utilities & green energy
Water: See Remarks
Community & HOA
Community
Features: Rural
Location
Region: Merced
Financial & listing details
Date on market: 3/1/2025
Cumulative days on market: 538 days
Listing terms: Cash to New Loan,Contract,Owner Will Carry,Submit