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1250 W Cardella Rd 8.51 Acres of Commercial Land Offered at $2,288,000 in Merced, CA 95348
Investment Highlights
- Entitled 160-Unit Multifamily Development
- Comprehensive Site Plan
- High-Yield Potential in a Supply-Constrained Market
- High Density with Efficient Land Use
- Attractive Amenities to Enhance Tenant Appeal
- Strategic North Merced Location
Executive Summary
This 8.51-acre gross (7.66-acre net) site in North Merced, at 1250 W. Cardella Road, is fully entitled to a 160-unit apartment complex, or roughly 18 units per acre. On December 17, 2025, the City of Merced granted the project's Conditional Use Permit, significantly lowering the risk of entitlement and timing. With 276 parking spots, guarded entry, and compliant emergency access, the preliminary site plan shows effective land use with a balanced unit mix among two- and three-story buildings. A clubhouse, swimming pool, dog park, and open green space are just a few of the planned facilities that improve long-term asset value and tenant appeal. The project is well-positioned to take advantage of ongoing residential demand in a developing North Merced submarket.
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Property Facts
| Price | $2,288,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | 1031 Exchange | Total Lot Size | 8.51 AC |
| No. Lots | 1 |
| Price | $2,288,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 8.51 AC |
1 Lot Available
Lot
| Price | $2,288,000 | Lot Size | 8.51 AC |
| Price Per AC | $268,860.16 |
| Price | $2,288,000 |
| Price Per AC | $268,860.16 |
| Lot Size | 8.51 AC |
1 1
Property Taxes
| Parcel Number | 206-030-017 | Improvements Assessment | $0 |
| Land Assessment | $432,083 | Total Assessment | $432,083 |
Property Taxes
Parcel Number
206-030-017
Land Assessment
$432,083
Improvements Assessment
$0
Total Assessment
$432,083
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Presented by
BayOne Real Estate Investment Corp.
1250 W Cardella Rd
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