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Listed by Homesmart PV & Assoc., Merced, Monica Franks, Listing Contact: 209-544-2500

$2,400,000

2577 Lobo AVE, Merced CA, 95348

Price per sqft$97,959.18
Lot size0 Acres
Property typeLand

Overview

Active

Listed Feb 28, 2025

Updated 2 weeks ago

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.

Additional information

MLS® ID
CRMC25044845

Exterior Features

Lot Size
0 Acres

Other Property Details

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Listed by Homesmart PV & Assoc., Merced, Monica Franks DRE:01269788,
Listing Contact: 209-544-2500 

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