Property profile

0 Stretch Ave Merced, CA 95340

OFF-MARKET
Land
8.6 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 8.6 ac (374,616 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Stretch Ave Merced, CA 95340
Merced metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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