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$ 3,490,000
Est. payment | /mo
10.73 Acres Lot
$ 3,490,000
Est. payment | /mo
10.73 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226000354
HOA Y/N No
Lot Size 10.730 Acres
Acres 10.73
Property Sub-Type Residential Acreage
Source MLS Metrolist
Property Description
Approved multifamily development opportunity in the City of Merced. The property features entitled plans for 18 buildings totaling 132 apartment units, along with a dedicated communal facility. The project is designed with modern layouts, efficient floor plans, and private balconies, offering a high-quality residential experience. The site is zoned Planned Development (PD #46) with a General Plan designation of High-Medium Density, supporting strong multifamily potential. Planned amenities include a fitness center, swimming pool, and clubhouse, enhancing long-term tenant appeal. Ideally located in North Merced, with close proximity to UC Merced, major transportation corridors, dining, and retail. A rare, shovel-ready investment opportunity in a rapidly growing market with strong rental demand.
Location
State CA
County Merced
Area 20409
Zoning Planned Development
Direction From Hwy 59 Turn R on R St, Turn L on Yosemite Ave, Parcel on Right.
Exterior
Utilities Available Other
Water Access Desc Public
Topography Level
Road Frontage Highway Exposure
Building
Lot Description Shape Regular
Sewer Public Sewer
Water Public
Schools
Elementary Schools Merced City
Middle Schools Merced City
High Schools Merced Union High
School District Merced
Others
Senior Community No
Tax ID 206-050-017-000
Special Listing Condition Offer As Is
Listed by JRP Realty Group