1240 Pacific Ave, Merced, CA 95348 - MLS#MC25080365

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 4,797,000

Est. payment | -/mo

10.31 Acres Lot

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$ 4,797,000

Est. payment | -/mo

Save

10.31 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25080365

HOA Y/N No

Lot Size 10.310 Acres

Acres 10.31

Property Sub-Type Lots/Land

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.
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

Area Merced (95348)

Building

Lot Description Corner Lot

Lot Size Range 10+ to 20 AC

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Cristen Fazal • The Team Realty

+1(619) 302-3010

matt@homecrave.com

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1240 Pacific Ave Merced, CA 95348