Thank you
Mathew Madruga
EXP Realty of California, INC
888-832-7179
161.52+/- acres of future development land in South East Merced. Strategically located within close proximity to Hwy 99 and the newly developed Campus Expressway overpass, a direct route to UC Merced. The property is also located within the City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow for large scale tournaments, concerts, and events. Land running along Mission Ave is quickly becoming the object of attention as residential communities and city infrastructure is being brought further south to accommodate the city's massive growth and grossly underserved commercial/industrial/residential needs. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.
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Water Source : Agricultural Well,Well
Sewer : Septic Type Unknown
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 161.52
Lot Size Source: Estimated
Lot Size Square Feet: 7035811.2
Original List Price: 12,000,000
Listing Contract Date: 2023-09-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 066031003000
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood:
Directions: hwy 99, exit Campus Parkway, West on Mission blvd, property on left.
Zoning: A-1
Source Property Type: Land
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Wardrobe, Merced, CA,95341 | $1,200,000 | -- | -- | -- | 217800 Sqft |
1122 N Street, Merced, CA,95341 | $289,900 | 2 | 1 | 797 | 3751 Sqft |
1122 N Street, Merced, CA,95341 | $289,900 | 4 | 2 | 797 | 3751 Sqft |
3226 E Childs Avenue, Merced, CA,95341 | $789,000 | 4 | 1 | 1,224 | 165528 Sqft |
3161 Dinkey Creek Avenue, Merced, CA,95341 | $434,990 | 3 | 2 | 1,403 | 5000 Sqft |
4 W 13th Street, Merced, CA,95341 | $249,000 | 2 | 1 | 1,088 | 7500 Sqft |
160 Macready, Merced, CA,95341 | $581,961 | -- | -- | -- | 72745.2 Sqft |
170 Macready Drive, Merced, CA,95341 | $662,112 | -- | -- | -- | 82764 Sqft |
2240 Golden Oak Ln #90, Merced, CA,95341 | $76,000 | 2 | 2 | -- | -- |
Reilly Road, Merced, CA,95341 | $735,900 | 4 | 2 | 1,268 | -- |
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ByOwner last updated this listing 05/05/2024 @ 11:20
MLS: MC23188559
LISTED BY: Mathew Madruga, EXP Realty of California, INC
SOURCE: CRMLS
Buyer Agency Compensation: 3%
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.