2577 Lobo Avenue, Merced, CA 95348
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Listed Price :
$2,400,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
2577 Lobo Avenue |
| City |
Merced |
| State |
CA |
| Zip |
95348 |
| County |
Merced |
| Listing Agent |
Monica Franks DRE #01269788 |
| Courtesy Of |
Homesmart PV & Assoc., Merced |
| List Price |
$2,400,000 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
1,067,220 |
Listing information courtesy of: Monica Franks, Homesmart PV & Assoc., Merced. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 4th, 2025 at 2:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
