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N State Highway 59

Merced, CA 95348
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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 dem and.

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Detail Ic Property Details

Property Type : Land

Price : $3,490,000

AD Id : 72218800

MLS Id : 226000354

County : Merced

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Heating & Cooling

    WaterSource: Public

  • Road Types

    Highway Exposure

  • Lot Information

    Lot Description: Shape Regular Lot Square Feet: 467,399 Topography: Level

    Property Information

    Property Type: Land Sub Type: Residential Acreage Cross Street: W Yosemite Ave Source Neighborhood: 20409 Postal Code Plus 4: 9364 Area: Merced S: 95348 Zoning: Planned Unit Development, Multi-Residential, See Remarks

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226000354 List Price: $3,490,000

  • Tax Information

    Parcel Number: 206-050-017-000

  • Elementary School District: Merced City
    Junior High School District: Merced City
    Senior High School District: Merced Union High
  • Utility Information

    Other
  • Location Information

    Direction: From Hwy 59 Turn R on R St, Turn L on Yosemite Ave, Parcel on Right.
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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)--
Franklin Rd, Merced, CA, 95348 $749,900 -- -- -- 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 $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)

ByOwner last updated this listing 06/04/2026 @ 13:13

MLS: 226000354 LISTED BY: Jaswant Pannu, JRP Realty Group SOURCE: MLS Metrolist

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