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    Stretch Ave Merced, CA 95340

    Sponsored
    For Sale
    $1,300,000

    Prime Merced residential land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.6-acre property presents a unique investment opportunity in Merced, California. Located at the northwest corner of Stretch and McKee Avenues, this land offers a strategic blend of zoning and accessibility. Approximately one acre at the corner is designated C1, according to county records, while the remaining approximately 7.6 acres are zoned R-1, providing flexibility for various development plans. The property's location on a major thoroughfare leading to UC Merced ensures high visibility and convenient access. Its proximity to the Robinson Estate adds to its desirability. The property boasts easy freeway access, making it an attractive location for commuters and residents alike. The asking price is $1,300,000, translating to approximately $151,163 per acre. The Assessor's Parcel Number (APN) is 033130023000. This land parcel, situated in a county area yet surrounded by the city of Merced, presents a compelling opportunity for developers seeking a strategically located site with potential for diverse residential projects. The property's size and zoning make it suitable for a range of residential developments, capitalizing on the growing demand in the Merced area.

    Property Features for 0 Stretch Ave

    General Information

    Property type
    Land
    Lot Size
    374,616 SF

    HighLights

    • $1,300,000 asking price.
    • 8.6‑acre residential land parcel.
    • R‑1 zoning (with approximately 1 acre C1 zoned).
    • Located on Stretch Avenue in Merced, CA 95340.
    • $151,163 per acre land value.
    • APN: 033130023000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.439028
    Latitude
    37.3003384

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    FAQs

    What type of property is this?
    Land - Prime Merced residential land, ideal for development.
    Where is this land located?
    The property is located at Stretch Ave Merced, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; 8.6-acre residential land parcel.; R-1 zoning (with approximately 1 acre C1 zoned).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Stretch Ave Merced, CA 95340
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