North Merced Apartment Development
For Sale
$2,288,000
1250 Cardella Rd, Merced, CA 95348
8.51-acre site entitled for 160-unit apartment complex.
Property SizeContact for details
Lot Size7.66 Acres
Days on Market202
Property Features for 1250 Cardella Rd
General Information
Standard status
Active
Lot size
7.66 Acres
Property subtype
Commercial
Amenities
Building Pad - No
Corners Marked - No
Surveyed - No
Listing Agency:
BAYONE REAL ESTATE INV CORP
(408) 837-4489
Listed By:
IVY YUEH
Source:
Corcoran
Added: Jan 20
Changed: Aug 8
Last Checked: Jul 15 at 8:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BAYONE REAL ESTATE INV CORP
Investment Insights
Based on property information with market context.
Located at 1250 W. Cardella Road in North Merced, this 8.51-acre gross (7.66-acre net) site is fully entitled for a 160-unit apartment complex, equating to approximately 18 units per acre. The City of Merced granted the project's Conditional Use Permit on December 17, 2025. The preliminary site plan includes 276 parking spots, a guarded entry, and compliant emergency access. The plan features a balanced unit mix within two- and three-story buildings. Planned amenities include a clubhouse, swimming pool, dog park, and open green space. The property is positioned to capitalize on residential demand in the developing North Merced submarket.
Key Highlights
- Fully entitled for a 160‑unit apartment complex, significantly reducing entitlement risk and development timeline.
- Approved Conditional Use Permit granted by the City of Merced on December 17, 2025.
- Planned amenities include a clubhouse, swimming pool, and dog park, enhancing tenant appeal and long‑term asset value.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 95348, CA
35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 8.51-acre site entitled for 160-unit apartment complex.
Where is this residential land & home lot located?
The property is located at 1250 Cardella Rd Merced, CA.
What is the asking price?
The asking price for this property is $2,288,000.
What are key features of this property?
This property features: Fully entitled for a 160‑unit apartment complex, significantly reducing entitlement risk and development timeline.; Approved Conditional Use Permit granted by the City of Merced on December 17, 2025.; Planned amenities include a clubhouse, swimming pool, and dog park, enhancing tenant appeal and long‑term asset value.
