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0 Mission Avenue - 22.5ACRES: Hwy-99 Strategic Development 22.5 Acres of Commercial Land Offered at $2,812,500 in Merced, CA 95341
Investment Highlights
- Offered individually or as part of a larger ±161-acre land assemblage
- Located within the broader High-Speed Rail planning influence area
- Well suited for future commercial, mixed-use, or long-term investment
- Immediately adjacent to the Gateway Marketplace commercial center
- Excellent access to Hwy 99 and Campus Parkway Expressway
- Mission Ave is identified by the City of Merced as a primary arterial and is planned to be widened to four lanes.
Executive Summary
SHOWING INFORMATION
Property Facts
| Price | $2,812,500 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Total Lot Size | 22.50 AC | |
| No. Lots | 1 | ||
| Zoning | A-1 - A-1 | ||
| Price | $2,812,500 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 22.50 AC |
| Zoning | A-1 - A-1 |
1 Lot Available
Lot
| Price | $2,812,500 | Lot Size | 22.50 AC |
| Price Per AC | $125,000.00 |
| Price | $2,812,500 |
| Price Per AC | $125,000.00 |
| Lot Size | 22.50 AC |
This 22.5+/-acre parcel is part of a 161+/- acre family ranch. It is being sold individually or together with other family-owned parcels, see attached supplements. Seller currently owns 50% mineral rights and would like to retain those mineral rights
Description
Location, Location! This 22.5+/-acre parcel is part of a 161+/- acre family ranch in the path of development and the City of Merced's Sphere Of Influence, which could be purchased together or separately. It is 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 major 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
Property Taxes
| Parcel Number | 066-031-005 | Improvements Assessment | $814 |
| Land Assessment | $49,406 | Total Assessment | $50,220 |
Property Taxes
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0 Mission Avenue - 22.5ACRES: Hwy-99 Strategic Development
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