Merced, CA 95348,2577 Lobo Avenue
Merced, CA 95348,2577 Lobo Avenue
Merced, CA 95348,2577 Lobo Avenue
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$2,400,000
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24.5 Acres Lot
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2577 Lobo Avenue Merced, CA 95348

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRMC25044845

HOA Y/N No

Lot Size 24.500 Acres

Acres 24.5

Property Sub-Type Unimproved Land

Property Description

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.

Location

State CA

County Merced

Zoning R-1

Interior

Fireplace No

Exterior

Utilities Available Water/Sewer See Remarks

View Y/N true

View Other

Building

New Construction No

Others

Tax ID 057390007


Bridge MLS
Listed by Monica Franks • Homesmart PV & Assoc., Merced

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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2577 Lobo Avenue