See all 8 photos
$4,249,000
Est. payment /mo
10.31 Acres Lot
Price Dropped by $548K
1240 Pacific Ave Merced, CA 95348
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC25080365
HOA Y/N No
Lot Size 10.310 Acres
Property Description
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.
Location
State CA
County Merced
Zoning R-4
Interior
Fireplace No
Exterior
Community Features Dog Park, Suburban
View Y/N No
View None
Building
Lot Description Corner Lot, Corners Marked
Water Public
New Construction No
Others
Senior Community No
Tax ID 206040020000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard

Listed by Cristen Fazal • The Team Realty • 415-640-0868
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