Listed by C21 Commercial
$249,500
±3.408 Acre Residential Development Land
Details
APN 037-080-029, 025
Property Type Land, Multifamily
Sub Type Apartment Building
Acreage 3.408
±3.408 Acre Residential Development Land
Marketing description
Residential development lands with subdivision potential totaling ±3.408 Acres. (one) parcel is ±0.408 acres (one) parcel is ±3 acres of shovel-ready land. While the land is a blank and clean canvas for flexible concepts, Seller has a subdivision plan for a development of 36 single-family home sites. Road ways leading to the property from neighboring developments are in place, as well as 3 existing paid for city sewer connections. The California Department of Finance reported that Merced County is the fastest growing in the state. The subject property is located in the Planada area which is an incorporated area of Merced County with a reported population of approximately 4,584 people, located 9 miles east of the City of Merced, CA and 12 miles south of University of California Merced.
Investment highlights
- Proposed 36-Lot SFR Home Sites | Ready to Build
- ±3.408 Acres of Vacant Land | Subdivision Potential
- Free And Clear Parcel Ready For Developers Concept
- 9 Miles East of Merced, CA | 29 Mile North of Madera
- Convenient and Close Highway Access | Central Location
- Situated Near Existing Housing Developments
- Easy Access & Multiple Entrances/Exits
- Convenient Access to US Freeway CA-HWY 140
- Growth Area of Planada - New Residential Projects Recently Built/Planned
- Additional Land Next Door Also Available
- Next Door to Proposed Granada High School
Listing Contacts
Listed by C21 Commercial
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