Property Details
About this Property
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.
MLS Listing Information
MLS #
CRMC25044845
MLS Source
California Regional MLS
Days on Site
30
Parking, School, and Other Information
Water
Other
HOA Fee
$0
Zoning
D5
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Joe Stefani | public | 3,4,5,6 | 0.40 mi | |
| Franklin Elementary School | public | K-3 | 0.62 mi | |
| Rudolph Rivera Elementary | public | K-6 | 2.10 mi | |
| Rudolph Rivera Middle School | public | 7-8 | 2.10 mi | |
| Leontine Gracey Elementary School | public | K-6 | 2.20 mi | |
| Valley Community School | public | K-12 | 2.41 mi | |
| Mcswain Elementary School | public | K-8 | 2.50 mi | |
| John C. Fremont Charter School | public | K-6 | 2.53 mi | |
| Margaret Sheehy Elementary School | public | K-6 | 2.71 mi | |
| Buhach Colony High School | public | 9-12 | 2.89 mi | |
| Merced County Rop School | public | 11,12,AE | 3.04 mi | N/A |
| Merced County Special Education School | public | K-12 | 3.04 mi | N/A |
| Tenaya Middle School | public | 7-8 | 3.11 mi | |
| Alicia Reyes Elementary School | public | K-6 | 3.25 mi | |
| Merced High School | public | 9-12 | 3.30 mi | |
| John Muir Elementary School | public | K-6 | 3.33 mi | |
| Independence High (Alternative) School | public | 9-12 | 3.61 mi | |
| Sequoia High School | public | 9-12 | 3.61 mi | N/A |
| Yosemite High (Continuation) School | public | 9-12 | 3.61 mi | |
| Merced Adult | public | UG | 3.64 mi | N/A |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2577 Lobo Ave is in Merced, CA 95348. This Land is currently priced at $2,400,000. This address can also be written as 2577 Lobo Ave, Merced, CA 95348.
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This listing information is up-to-date as of March 04, 2025. For the most current information, please contact Monica Franks, (209) 544-2500
