Aerial view of the 24.5-acre property at 2577 Lobo Ave Merced CA with Highway 99 visibility
Land for Sale $2,400,000 24.5 Acres
2577 Lobo Ave, Merced, CA 95348

24.5 Acres with Highway 99
Visibility in Merced

Price
$2,400,000
Lot Size
24.5 Acres
Property Type
Land
Zoning
5A Comm / 19.5A R-1
Parcel
057390007


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Property Tour

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Details
Property Details

Everything You
Need to Know

Key Facts
Price $2,400,000
Property Type Land
Lot Size 24.5 Acres
Zoning 5 Acres Commercial / 19.5 Acres R-1 Residential
Highway 99 Visibility Yes
Distance to UC Merced 15 minutes
Current Use Agricultural (leased)
Water MID water access
Parcel 057390007
Community Rural
About This Property

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.


Highlights
Investment Highlights

Why This Property
Stands Out

Prime Location

Highway 99 frontage and visibility provide exceptional exposure for commercial development. The high-traffic corridor makes this site ideal for retail, office, or mixed-use projects.

Commercial Zoning

5 acres designated for General Commercial use with commercial properties on both sides. Perfect for retail centers, office spaces, or mixed-use developments capitalizing on high-traffic exposure.

Residential Potential

19.5 acres zoned R-1 offering long-term residential development potential in a market with a housing shortage driven by university-related economic growth.

UC Merced Growth

Only 15 minutes from UC Merced, one of California's fastest-growing universities. As enrollment and research facilities expand, demand for housing, retail, and services will only increase.

Income Producing

Currently leased for seasonal agricultural land crops generating income while you plan for future development. MID water access supports ongoing agricultural use.

Multiple Revenue Streams

Whether you build now or hold for future appreciation, this versatile investment offers multiple possibilities for revenue streams in a rapidly growing market.


Location
Location

Merced, CA
Central Valley


Situated with direct Highway 99 visibility, this 24.5-acre property offers exceptional access to one of California's primary north-south corridors. Just 15 minutes from UC Merced -- one of the fastest-growing universities in the state -- the location is perfectly positioned to benefit from the area's rapid expansion and increasing demand for housing, retail, and services.

Merced serves as the county seat of Merced County and a central hub for the Central Valley, offering convenient access to Highway 99, commuter rail to the Bay Area, and a growing list of amenities. The Merced region is experiencing significant economic growth driven by university expansion, making this a prime opportunity for forward-thinking investors.

Learn More About Merced

Contact

Interested in this
property? Let's talk.


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Monica Franks

The Seller's Agent. Who You Choose Matters.

REALTOR · DRE 01269788 · HomeSmart PV and Associates