2577 Lobo Avenue, Merced, CA 95348
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2577 Lobo Avenue,Merced, CA 95348
$2,400,000
- 24.5 Acres
- Lots / Land
- Active
Listed by:monica franks
Office:homesmart pv & assoc., merced
MLS#:CRMC25044845
Source:CA_BRIDGEMLS
Price summary
- Price:$2,400,000
About this home
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.
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Home facts
- Listing Id #:CRMC25044845
- Added:166 day(s) ago
- Updated:August 15, 2025 at 02:21 PM
Rooms and interior
- Living area:1,067,220 sq. ft.
Structure and exterior
- Building area:1,067,220 sq. ft.
- Lot area:24.5 Acres
Finances and disclosures
- Price:$2,400,000
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