Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.
Property Type :
Land
County :
Merced
Style :
Land
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ByOwner last updated this listing 04/28/2024 @ 21:43
MLS: ML81954071
LISTED BY: Gurjeet Rai, KW Silicon City
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
