1240 Pacific Ave, Merced, CA 95348

$4,797,000 Approx. USD 0 beds, 0 baths

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Agent Remarks

Incredible 10+ acre parcel ready to be turned into housing in the heart of Merced. Zoned R-4 max density residential allowing 20-36 units per acre (buyer to check with City of Merced). Situated just off the corner of Yosemite and R St, you won't find a better location. Easy and convenient access to UC Merced, Merced College, local high schools, elementary schools, grocery stores, cafes, restaurants, and walking paths. Black Rascal Creek runs adjacent to the property providing for a gorgeous serene setting where you can enjoy nature in it's finest. You'll find a neighborhood dog park at the rear of the parcel providing great convenience for your future tenants. Walking paths extend underneath R Street and provide for great access on foot from this parcel. A bus stopped is planned for the front of the parcel along Pacific. The City of Merced continues to experience tremendous growth in both population, economic development, and the expansion of UC Merced. The need for housing is urgent and the City of Merced is very much in favor of the residential development of this property. Contact agent for details.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# MC25080365

Price: $4,797,000

HOA Fee is $0.00

Beds: 0

Baths: 0

10.31 acres

Lot size: 10.3100

County: Merced

Zoning: R-4