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.
Lot/land
Listing Provided by:
Monica Franks DRE #01269788 209-345-3836,
Homesmart PV & Assoc., Merced
$2,400,000
2577 Lobo Ave #1, Merced, CA 95348
--beds
--baths
24.5Acres
Unimproved Land
Built in ----
24.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Long-term residential development potential
- 62 days
- on Zillow |
- 40 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 03, 2025 at 10:44pm
Listing Provided by:
Monica Franks DRE #01269788 209-345-3836,
Homesmart PV & Assoc., Merced
Source: CRMLS,MLS#: MC25044845
Originating MLS: California Regional MLS

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 24.5 Acres
- Features: 21-25 Units/Acre
Details
- Additional parcels included: 057390008
- Parcel number: 057390007
- Zoning: R-1
- Special conditions: Trust
Utilities & green energy
- Water: See Remarks
Community & HOA
Community
- Features: Rural
HOA
- Has HOA: No
Location
- Region: Merced
Financial & listing details
- Date on market: 3/1/2025
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