2577 Lobo Avenue, Merced, California 95348

  • $2,400,000
  • $24,000,000
2577 Lobo Avenue, Merced, CA 95348
Active
2577 Lobo Avenue, Merced, California 95348
2577 Lobo Avenue, Merced, CA 95348
  • $2,400,000
  • $24,000,000

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 you’re 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.

  • Address 2577 Lobo Avenue
  • City Merced
  • State/county CA
  • Zip/Postal Code 95348
  • Country US

Details

Updated on March 4, 2025 at 2:45 pm
  • Property ID: MC25044845
  • Price: $2,400,000
  • Land Area: 24.5 Acres
  • Property Type: Land
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan, Contract, Owner Will Carry, Submit
  • County: Merced
  • Property Type: Land
  • Community Features: Rural

Features

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