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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,473,000

Est. payment - /mo

19.64 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25117743

HOA Y/N No

Lot Size 19.640 Acres

Property Description

SELLER WILL CONSIDER SELLER FINANCING. This 19.64-acre parcel is part of a 161+/- acre family ranch in the path of development which could be purchased together. Strategically located w/in 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 "Merced Vision 2030" SUDP Boundary, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. Also, in close proximity is the Gateway Marketplace, the newest regional commercial development project currently underway. The Gateway Marketplace includes major retailers such as Tractor Supply, Starbucks, McDonald's, Arco, Chevron and a Hilton Hotel/Convention Center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, a REGIONAL sports complex, allowing 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. This parcel is also adjacent to Yosemite Wholesale, a 220,000SF distribution warehouse. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate its quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

Location

State CA

County Merced

Zoning A-1

Interior

Fireplace No

Exterior

Fence Wire

Community Features Rural

Utilities Available Electricity Available, Sewer Not Available

View Y/N Yes

View Orchard

Present Use Agricultural,See Remarks

Building

Lot Description Agricultural, Level, Rectangular Lot, Street Level, Value In Land

Sewer None

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 066031012000

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard

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Listed by Mathew Madruga EXP Realty of California, INC 949-514-9100, DRE #02075873

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

0 1/2 Henry ST Merced, CA 95341

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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