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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,812,500

Est. payment - /mo

22.5 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25134889

HOA Y/N No

Lot Size 22.500 Acres

Lot Dimensions Assessor

Property Description

SELLER WILL CONSIDER SELLER FINANCING. This 22.5+/-acre parcel is part of a 161+/- acre family ranch in the path of development and the City of Merced's Sphere Of Influence, which could be purchased together or separately. It is strategically located w/in close proximity to Hwy 99 and the newly developed Campus Expressway overpass, a direct route to UC Merced. The property is also located within the "Merced Vision 2030" SUDP Boundary, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. Also, in close proximity is the Gateway Marketplace, the newest regional commercial development project currently underway. The Gateway Marketplace includes major retailers such as Tractor Supply, Starbucks, McDonald's, Arco, Chevron and a Hilton Hotel/Convention Center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, a major REGIONAL sports complex, allowing for large scale tournaments, concerts, and events. Land running along Mission Ave is quickly becoming the object of attention as residential communities and city infrastructure is being brought further south to accommodate the city's massive growth and grossly underserved commercial/industrial/residential needs. This parcel is also adjacent to Yosemite Wholesale, a 220,000SF distribution warehouse. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate its quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

Location

State CA

County Merced

Zoning A-1

Interior

Fireplace No

Exterior

Community Features Urban

Utilities Available Electricity Available

View Y/N Yes

Present Use Agricultural

Building

Lot Description Agricultural, Horse Property, Rectangular Lot, Street Level, Value In Land

Water Agricultural Well, Other, See Remarks

New Construction No

Others

Senior Community No

Tax ID 066031006000

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit

Horse Property Yes

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Trust

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Listed by Ernesto Ochoa Keller Williams Property Team 209-704-7653, DRE #01247053

NEARBY SCHOOL & BUSINESS

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0 1/2 Mission AVE Merced, CA 95341