162 Acres of Mixed-Use Land for Sale in Merced, California

2246 E Mission Ave, Merced, CA 95341

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$12,000,000
161.52 acres
Active sale agoEst $120,152/mo

161.52+/- acres of future development land in South East Merced. Strategically located within 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 City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow 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. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

Directions

hwy 99, exit Campus Parkway, West on Mission blvd, property on left.

Property details

Coordinates
37.271, -120.4482
Zoning
A-1
Elevation
174 feet
MLS Number
MRMLS MC23188559
Date Listed

Parcels

  • 066031003000

Resources

This 161.52-acre property is located at 2246 E Mission Ave in Merced, CA 95341 with latitude 37.271 and longitude -120.4482. The property is currently available for sale for $12,000,000 with a price per acre of $74,294. Listing data is sourced from California Regional Multiple Listing Service # MC23188559.

Verify sale details at the property source or contact eXp Realty of California at (888) 584-9427.

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Listing checked and updated . Parcel data by Regrid.

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