2577 Lobo Avenue
Merced, CA 95348
- – beds
- – baths
- 1.1 mil sqft
- ~25 acre lot
- $2 per sqft
- – on site
OWN YOUR TOMORROW IN MERCED!!! Unlock an exceptional investment opportunity with this 24.5-acre property, offering prime Highway 99 visibility within 15 minutes of UC Merced, one of the fastest-growing universities in California. With 5 acres designated for General Commercial use in the General Plan, and commercial on both sides, this site is perfect for retail centers, office spaces, or mixed-use developments, capitalizing on the high-traffic exposure from Highway 99 and the expanding student and residential population. The remaining 19.5 acres are zoned R1, offering long-term residential development potential in a market that is booming due to university-driven economic growth, and a housing shortage in the area. Whether you’re looking to build now or hold for future appreciation, this property provides a versatile investment with multiple possibilities for revenue streams. As UC Merced continues to expand enrollment and research facilities, the demand for housing, retail, and services will only increase, making this a prime opportunity for forward-thinking investors and developers. The property is currently leased for seasonal agricultural land crops with MID water access.
Last checked:
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Last updated Mar 4, 2025
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MLS# CRMC25044845 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:1067220
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Living Area Units:Square Feet
Location
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Directions:The property can be accessed on
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:057390007
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Zoning:R-1
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Lot Size Area:24.5
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Lot Size Acres:24.5
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Lot Size SqFt:1067220
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Lot Size Units:Acres
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View:Other
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (209) 544-2500
Taxes
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Tax Tract:9.03
The Listing
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Listing Terms:Other
Utilities
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Utilities:Water/Sewer See Remarks
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/2/25
Mar 2, 2025
|
Price Changed | BRIDGE | $2,400,000 | -90.0% |
|
3/1/25
Mar 1, 2025
|
Listed / Active | BRIDGE | $24,000,000 |
