1240 Pacific Ave Active

Merced,CA 95348

$ 4797000

- Bed

- Bath

449117 SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

Square Footage 449,117 sqft

Price per Sqft $10

MLS Listing ID 225041953

HOA Y/N No

Lot Size 10.310 Acres

Acres 10.3103

Property Sub-Type Residential Lot

Property Description

Incredible 10+ acre parcel ready to be turned into housing in the heart of Merced. Zoned R-4 max density residential allowing 20-36 units per acre (buyer to check with City of Merced). Situated just off the corner of Yosemite and R St, you won't find a better location. Easy and convenient access to UC Merced, Merced College, local high schools, elementary schools, grocery stores, cafes, restaurants, and walking paths. Black Rascal Creek runs adjacent to the property providing for a gorgeous serene setting where you can enjoy nature in it's finest. You'll find a neighborhood dog park at the rear of the parcel providing great convenience for your future tenants. Walking paths extend underneath R Street and provide for great access on foot from this parcel. A bus stopped is planned for the front of the parcel along Pacific. The City of Merced continues to experience tremendous growth in both population, economic development, and the expansion of UC Merced. The need for housing is urgent and the City of Merced is very much in favor of the residential development of this property. Contact agent for details.

Location

State CA

County Merced

Area 20409

Zoning Multi-Residential

Interior

Inclusions None

Exterior

Utilities Available Other

Building

Lot Description Shape Regular,Corner

Sewer Public Sewer

Water Public

Schools

School District Merced City,Merced Union High

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