chat with us now
email us
714.779.LOAN

find an agent

Find a real estate agent for this home.

can i afford this home?

Contact Underwood Mortgage Group for more information on financing this home.

Mortgage Calculator

Home Price
Interest Rate
Years
Down Payment
Property Tax (Per Year)
PMI
Start Date
Powered by CalculateStuff.com

Change any combination of fields to calculate the monthly payment. Or change the down payment and monthly payment to calculate the possible home price.

Learn More Now

2246 E Mission Avenue

Merced, CA 95341

$12,000,000

Status: Active
MLS#: MC23188559

Description

161.52+/- acres of future development land in South East Merced. Strategically located within 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 City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow 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. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

Features

    Heating: N/A
    Cooling: N/A
    Structure Type: Other Association Amenities: N/A
    Price/sqft: $2
    Total Floors: N/A

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.