Merced Gtwy Merced, CA 95340
- Land
- 70.89 lot acres
Current Use by Public Records
- Land
Property Details for 0 Merced Gtwy
- Lot size
- 70.89 lot acres
- Property type
- Land
Description
This exceptional 70.89-acre commercial land parcel presents a remarkable investment opportunity in Merced, California. Strategically situated at the intersection of Highway 99 and Campus Parkway, this property boasts unparalleled visibility and accessibility. The site comprises two parcels (17.77 acres and 53.12 acres), totaling 70.89 acres, and is zoned for commercial use. Its location offers easy access to Highway 140 (approximately 1.5 miles south) and is less than half a mile east of Highway 99. The City of Merced's updated General Plan designates this land for a business park, aligning perfectly with future development plans. The property benefits from its proximity to planned and existing residential developments, supporting a growing population base in Merced County, which is approaching 300,000 residents. This location is ideal for major retailers seeking to enter the underserved Merced market, with the potential to accommodate significant commercial development. The high-traffic intersection of Highway 99 and Campus Parkway provides an exceptional opportunity to create a regional commercial project. Furthermore, the proposed High-Speed Rail line station in downtown Merced adds significant long-term value. The APN is 061-250-050-000, 061-250-094-000. The asking price for this significant commercial land holding is $14,995,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.425
- Latitude
- 37.2771
