20
See all 20 photos
$1,488,000
Est. payment /mo
19.84 Acres Lot
Active
0 Vassar AVE Merced, CA 95341
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC25117690
HOA Y/N No
Lot Size 19.840 Acres
Property Description
SELLER WILL CONSIDER SELLER FINANCING. This 19.84-acre parcel is part of a 161+/- acre family ranch in the path of development which could be purchased together. Strategically located w/in 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 "Merced Vision 2030" SUDP Boundary, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. Also, in close proximity is the Gateway Marketplace, the newest regional commercial development project currently underway. The Gateway Marketplace includes major retailers such as Tractor Supply, Starbucks, McDonald's, Arco, Chevron and a Hilton Hotel/Convention Center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, a REGIONAL sports complex, allowing 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. This parcel is also adjacent to Yosemite Wholesale, a 220,000SF distribution warehouse. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate its quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.
Location
State CA
County Merced
Zoning A-1
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Electricity Available, Sewer Not Available
View Y/N Yes
Present Use Agricultural
Building
Lot Description Agricultural, Level, Rectangular Lot, Street Level, Value In Land
Sewer None
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 066031009000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit
Special Listing Condition Standard
Listed by Mathew Madruga EXP Realty of California, INC 949-514-9100, DRE #02075873
NEARBY SCHOOL & BUSINESS
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