2577 Lobo Avenue 2577 Lobo Avenue Merced, California 95348 United States
$2,400,000
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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...
- 9.91 ha
- Exterior
- Land
- Property type
- MC25044845
- Web Id
- MC25044845
- MLS ID
- 60
- days ago
About 2577 Lobo Avenue
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.
Listing Courtesy of Homesmart PV & Assoc., Merced, Email/Phone : 209-345-3836
Listing Courtesy of Homesmart PV & Assoc., Merced, Email/Phone : 209-345-3836
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PROPERTY INFORMATION
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- Rural
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EXTERIOR
- Lot Description
- TwentyOneToTwentyFiveUnitsAcre
Listing Courtesy of Homesmart PV & Assoc., Merced, Email/Phone : 209-345-3836
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