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Franklin Road

Merced, CA 95348

$2,730,000 $11,509/Mo

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Description

Exceptional investment opportunity located on the outskirts of Merced, offering outstanding long-term development potential. This strategically positioned property is a strong candidate for future annexation into the Merced city limits. Conveniently located near Highway 99, the property provides excellent accessibility and is adjacent to an established residential subdivision. It is also directly across the street from Franklin Elementary School, making it an attractive location for future residential or mixed-use development, don't miss this rare opportunity to invest in a property with significant future growth potential in one of Merced's expanding areas. Other income possibilities, you can plant an Orchard, and the property has 8 homes that could be used as rental income. 6 of the hom es are connected to city water.

Property Details

Property Type : Residential Income

Price : $2,730,000

AD Id : 91645043

MLS Id : 226122736

Year Built : --

County : Merced

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Septic System
Flooring Information

Other
Interior Features

Laundry Features: Other
Heating & Cooling

Heating: Other Cooling: Other WaterSource: Irrigation District, Well, Public

Building Information

Stories: 1 Construction Materials: Wood Foundation Details: Raised, Slab
Exterior Features

Foundation Details: Raised, Slab
Laundry Features

Other

Lot Information

Lot Description: Other Lot Square Feet: 1,698,840

Property Information

Property Type: Residential Income Sub Type: 5 or More Units Construction Materials: Wood Cross Street: Lobo Source Neighborhood: 20410 Postal Code Plus 4: 9337 Area: Merced S: 95348 Zoning: Res Ag Structure Type: House(s)

Farm Info

Irrigation Source: Irrigation Available, Irrigation District

Listing Price Information

Listing Id: 226122736 List Price: $2,730,000

Tax Information

Parcel Number: 005-210-013

Parking Information

Carport

Elementary School District: Merced City

Junior High School District: Merced City

Senior High School District: Merced Union High
Utility Information

Other
Location Information

Direction: Lobo to Franklin

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Sunup Drive, Merced, CA, 95348	$385,000	3	2	1,617	--
Phelps Drive, Merced, CA, 95348	$459,000	4	2	1,789	4,726.26 Sq. Ft
Drake, Merced, CA, 95348	$398,700	3	2	1,250	--
W Pincay Street, Merced, CA, 95348	$399,000	4	2	1,527	--
San Vincent Avenue, Merced, CA, 95348	$545,000	4	3	2,374	--
Briggs Lane, Merced, CA, 95348	$375,000	3	3	1,223	--
Paseo Verde Avenue, Merced, CA, 95348	$460,000	5	3	2,241	--
Buena Vista Court, Merced, CA, 95348	$419,900	4	3	1,787	--
Meadowbrook Avenue, Merced, CA, 95348	$285,000	3	2	672	--
Marybelle, Merced, CA, 95348	$480,000	4	2	1,745	--