See all 8 photos

$4,249,000

Est. payment - /mo

10.31 Acres Lot

Price Dropped by $548K

1240 Pacific Ave Merced, CA 95348

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25080365

HOA Y/N No

Lot Size 10.310 Acres

Property Description

Incredible 10+ acre parcel ready to be turned into housing in the heart of Merced. Zoned R-4 max density residential allowing 20-36 units per acre (buyer to check with City of Merced). Situated just off the corner of Yosemite and R St, you won't find a better location. Easy and convenient access to UC Merced, Merced College, local high schools, elementary schools, grocery stores, cafes, restaurants, and walking paths. Black Rascal Creek runs adjacent to the property providing for a gorgeous serene setting where you can enjoy nature in it's finest. You'll find a neighborhood dog park at the rear of the parcel providing great convenience for your future tenants. Walking paths extend underneath R Street and provide for great access on foot from this parcel. A bus stopped is planned for the front of the parcel along Pacific. The City of Merced continues to experience tremendous growth in both population, economic development, and the expansion of UC Merced. The need for housing is urgent and the City of Merced is very much in favor of the residential development of this property. Contact agent for details.

Location

State CA

County Merced

Zoning R-4

Interior

Fireplace No

Exterior

Community Features Dog Park, Suburban

View Y/N No

View None

Building

Lot Description Corner Lot, Corners Marked

Water Public

New Construction No

Others

Senior Community No

Tax ID 206040020000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Cristen Fazal • The Team Realty • 415-640-0868

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