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2577 Lobo Avenue

Merced, CA 95348
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SqFt1,067,220

Sqft(Lot)

OWN YOUR TOMORROW IN MERCED!!! Unlock an exceptional investment opportunity with this 24.5-acre property, offering prime Highway 99 visibility within 15 minutes of UC Merced, one of the fastest-growing universities in California. With 5 acres designated for General Commercial use in the General Plan, this site is perfect for retail centers, office spaces, or mixed-use developments, capitalizing on the high-traffic exposure from Highway 99 and the expanding student and residential population. The remaining 19.5 acres are zoned R1, offering long-term residential development potential in a market that is booming due to university-driven economic growth, and a housing shortage in the area. Whether you’re looking to build now or hold for future appreciation, this property provides a versatile i nvestment with multiple possibilities for revenue streams. As UC Merced continues to expand enrollment and research facilities, the demand for housing, retail, and services will only increase, making this a prime opportunity for forward-thinking investors and developers. The property is currently leased for seasonal agricultural land crops with MID water access.

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Detail Ic Property Details

Property Type : Land

Price : $2,400,000

AD Id : 62977315

MLS Id : MC25044845

Lot Size : 1,067,220 Sqft(Lot)

County : Merced

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Feature Features

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 24.5
  • Lot Size Source: Assessor Lot Size Square Feet: 1067220

  • Listing Price Information

    Original List Price: 2,400,000 Listing Contract Date: 2025-02-28
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 057390007

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Postal Code Plus 4: 3747 Directions: The property can be accessed on Lobo Just west of Wolf Street and Ashby just east of 2058 Ashby Rd. Cali Bros Truck Lines Zoning: R-1 Source Property Type: Land
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
N Southern Pacific Avenue, Merced, CA, 95348 $599,999 -- -- -- Acres (Lot)--
Canyon Drive, Merced, CA, 95348 $260,000 -- -- -- Acres (Lot)--
1735 W North Bear Creek.., Merced, CA, 95348 $1,995,000 -- -- -- 22,511.81 Sqft(Lot)
N State Highway 59, Merced, CA, 95348 $3,900,000 -- -- -- 466,105.07 Sqft(Lot)
N State Highway 59, Merced, CA, 95348 $3,900,000 -- -- -- Acres (Lot)--
N State Highway 59, Merced, CA, 95348 $3,790,000 -- -- -- 466,105.07 Sqft(Lot)
N State Highway 59, Merced, CA, 95348 $3,490,000 -- -- -- Acres (Lot)--
N State Highway 59, Merced, CA, 95348 $2,100,000 -- -- -- Acres (Lot)--
Sohan Drive, Merced, CA, 95348 $207,000 -- -- -- Acres (Lot)--
3314 Robin Hood, Merced, CA, 95348 $169,000 -- -- -- 9,858 Sqft(Lot)

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ByOwner last updated this listing 06/07/2026 @ 03:24

MLS: MC25044845 LISTED BY: Monica Franks, Homesmart PV & Assoc., Merced 209-544-2500 SOURCE: CRMLS

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