Homes for sale - 2577 Lobo AVE, Merced, CA 95348

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Monica Franks • Homesmart PV & Assoc., Merced

$2,400,000

Est. payment - /mo

24 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRMC25044845

Lot Size 24 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

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 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.

Location

State CA

County Merced

Zoning D5

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Water Other

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Tax ID 057390007

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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2577 Lobo AVE Merced, CA 95348

JLee Broker

Key Details

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