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$ 300,000
$ 350,000 14.3%
Est. payment /mo
Sold on 10/12/2022
3351 R ST Merced, CA 95348
1.3 Acres Lot
UPDATED:
Key Details
Sold Price $300,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC20073162
Sold Date 10/12/22
HOA Y/N No
Lot Size 1.300 Acres
Property Description
Excellent development opportunity in North Merced and just a few minutes drive to Merced College and UC Merced. This 1.3 acre commercial lot is located caddy-corner from the Target Shopping Center parking lot and within walking distance to Merced Mall. Merced Mall is slated for an additional 90,000 square feet of retail, food and entertainment making it a major entertainment destination in the near future. This vacant lot measures roughly 275' X 205' and City water and sewer is available along "R" Street. Other utilities (cable, gas, etc.) should also be available from "R" Street. Beautiful tree lined setting and bordering Black Rascal Creek making this an ideal site for a professional office complex. This lot is also adjacent to a small retail strip center that includes 7-11, a laundry-mat, Pizza Villa and tons of multi-family complexes. This parcel designated PD#8 zoning, which allows for Commercial Office use but could also potentially be approved for a Multi-Family project. Buyer will need to contact the City of Merced to determine buildable square footage, ingress/egress requirements, etc.
Location
State CA
County Merced
Zoning P-D
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N Yes
View Park/Greenbelt
Building
Lot Description Lot Over 40000 Sqft, No Landscaping
Water Public
New Construction No
Others
Senior Community No
Tax ID 058030023000
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
Lease Land No
Listed by Dan Gallagher CB Commercial, Gonella Realty 209-777-5626
Bought with Dan Gallagher CB Commercial, Gonella Realty
Bought with Dan Gallagher CB Commercial, Gonella Realty
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