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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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2577 Lobo Avenue Merced, CA 95348
$2,400,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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 Details

Trust & Probate
Property type: (Lots/Land)
Status: Active
MLS# MC25044845
List price is $2,400,000 Reduced by $21,600,000 on 3/2/2025
HOA Fee is $0.00
Beds: 0
Baths: 0
24.50 acres
Lot size: 24.5000
County: Merced
Zoning: R-1
Lot description: TwentyOneToTwentyFiveUnitsAcre

Last Updated: 3/4/2025

 Find more Merced homes and real estate

 Find more homes in 95348 zip code

Lat/Long: 37.320862, -120.532220.
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Listing Agent: Monica Franks
Lic#: 01269788
Broker: Courtesy of Homesmart PV & Assoc., Merced

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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