2577 Lobo AVE, Merced, CA 95348
2577 Lobo AVE, Merced, CA 95348
2577 Lobo AVE, Merced, CA 95348
2577 Lobo AVE, Merced, CA 95348
2577 Lobo AVE, Merced, CA 95348
2577 Lobo AVE, Merced, CA 95348
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 2,400,000
Est. payment | /mo

24.5 Acres Lot

Save
$ 2,400,000
Est. payment | /mo
Save

24.5 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25044845

HOA Y/N No

Lot Size 24.500 Acres

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

Community Features Rural

View Y/N Yes

View Neighborhood

Present Use Agricultural

Building

Lot Description 21-25 Units/Acre

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 057390007

Acceptable Financing Cash to New Loan, Contract, Owner Will Carry, Submit

Listing Terms Cash to New Loan, Contract, Owner Will Carry, Submit

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Monica Franks Homesmart PV & Assoc., Merced 209-345-3836, DRE #01269788

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.