136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and obtain City approval. Approximately 57 lots would need to be removed to build a commercial complex with 2 buildings, parking lot and area including drain basin.
MLS #
CRMC20146569
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00%
Fencing
None
HOA Fee
$0
Zoning
D0, D8
305 Portico Dr is in Merced, CA 95348. This Land is currently priced at $6,800,000.
This address can also be written as 305 Portico Dr, Merced, CA 95348.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of August 14, 2022. For the most current information, please contact Kelly Hasko, (209) 357-6700