Property profile

0 Stretch Rd Merced, CA 95340

OFF-MARKET
Land
41 ac lot
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Property summary

AI-generated overview

This exceptional 41-acre parcel, located on Stretch Road in Merced County, California, presents a remarkable opportunity for residential development. The property, identified by APN 061-320-015-000, is currently designated as an estate and is slated for annexation into the City of Merced. This annexation opens the door to exciting possibilities, with zoning anticipated to allow for either residential or mixed-use development. The expansive lot size provides ample space for a variety of projects, catering to diverse needs and visions. The property's location in Merced County, California, offers convenient access to local amenities and infrastructure, making it an attractive location for both builders and investors. The asking price for this significant land holding is $2,700,000. Detailed zoning information and annexation timelines are available upon request. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with significant potential for future appreciation. The property's strategic location and potential for diverse development make it an ideal investment for those seeking a high-return opportunity in the California real estate market. Serious inquiries only. The zip code is 95340. Latitude and longitude coordinates are 37.3003384 and -120.439028 respectively.

Property profile

Verified
Property type Land
Lot 41 ac (1,785,960 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 Rd Merced, CA 95340
Merced metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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