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2577 Lobo Avenue, Merced, CA 95348
Priced at Only: $2,400,000
For more Information Call Mobile: 714.478.6676
Address: 2577 Lobo Avenue, Merced, CA 95348
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  • MLS#: MC25044845 ( )
  • Street Address: 2577 Lobo Avenue
  • Viewed: 2
  • Price: $2,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 200
  • Acreage: 24.50 acres
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95348
  • Provided by: Homesmart PV & Assoc., Merced
  • Contact: Monica Monica
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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, and commercial on both sides, 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 youre looking to build now or hold for future appreciation, this property provides a versatile investment 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.
Features
Additional Parcels Description
  1. 057390008
Association Fee
  1. 0.00
Commoninterest
  1. None
Country
  1. US
Current Use
  1. Agricultural
Current Use Comments
  1. Currently leased seasonally for ground crops using MID water.
Distancetowatercomments
  1. MID in use
Lot Features
  1. 21-25 Units/Acre
Parcel Number
  1. 057390007
Possible Use
  1. Agricultural
  2. Buyer to verify
  3. Residential
  4. See Remarks
Possible Use Comments
  1. General Plan zoning shows General Commercial on front 5 acres of 2nd parcel. Adjacent to a commercial trucking company and a mobile home park on the Ashby/HWY 99 side
  2. and residential homes on the Loba Avenue side.
Postalcodeplus4
  1. 3747
View
  1. Neighborhood
Water Source
  1. See Remarks
Zoning
  1. R-1
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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