Home | Merced County | Merced | 95348 | 2577 Lobo Ave
MLS: CRMC25044845 | Status: Active | Price: $2,400,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 24.5 | – |
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.
| Field | Value |
|---|---|
| MLS # | CRMC25044845 |
| MLS Source | California Regional MLS |
| Days on Site | 426 |
| Feature | Details |
|---|---|
| Water | Other |
| HOA Fee | $0 |
| Zoning | D5 |
Monica Franks
Homesmart PV & Assoc., Merced
License #: 01269788
Phone: (209) 544-2500
School data provided by GreatSchools.org
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This listing information is up-to-date as of March 04, 2025. For the most current information, please contact Monica Franks, (209) 544-2500.