Listing by: Mathew Madruga, EXP Realty of California, INC, 949-514-9100

0 Beds

n/a Full bath

n/a SqFt

Active

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.

Property Details
Price $12,000,000
Lot Size Area 161.52
Lot Size Area Units Acres
Acres 161.52
Property Type Land
Features Electricity Connected,Phone Connected,Propane,Water Connected
Exterior Features Rural
View Mountain(s),Orchard,Panoramic,Pasture
Lot Description Agricultural,Agricultural - Row/Crop,Lot Over 40000 Sqft,Value In Land
Association Fee 0
Geographic Data
Directions hwy 99, exit Campus Parkway, West on Mission blvd, property on left.
County Merced
Latitude 37.271006
Longitude -120.448239
Address Information
Address 2246 E Mission Avenue, Merced, CA 95341
Postal Code 95341
City Merced
State CA
Country United States
Listing Information
Listing Office EXP Realty of California, INC
Listing Agent Mathew Madruga
Listing Agent Phone 949-514-9100
Buyer Agency Compensation 3.000
Attribution Contact 949-514-9100
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Trust
Virtual Tour URL https://www.wellcomemat.com/mls/5560af85ffe51lgqn
MLS Information
Days on market 193
MLS Status Active
Listing Date Oct 19, 2023
Listing Last Modified Apr 29, 2024
Tax ID 066031003000
MLS # MC23188559

This information is believed to be accurate, but without any warranty.
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