402 Mercy Ave Merced, CA 95340

Property Details for 402 Mercy Ave

Lot size

1.05 lot acres

Property type

Commercial land

APN

231-200-002-000

APU

231200002000

Description

This exceptional mixed-use property in Merced, CA, offers a unique investment opportunity. Located at 402 Mercy Ave, 95340, this 71,810 sq ft lot boasts 30,000 sq ft of existing development, currently housing the Heart Association and G.V.H.C. The property is ideally situated near Mercy Hospital, Merced College, and UC Merced, benefiting from high visibility and convenient access. All necessary permits are approved, and infrastructure is complete, including utility loops, finished sidewalks, and a fully constructed parking lot. A 6-foot wall with landscaping enhances privacy and curb appeal. The asking price is $5,053,000, representing a land value of $4,843,286 per acre (APN: 231200002000). This development-ready site is perfect for medical offices, restaurants, or retail establishments, capitalizing on the thriving commercial growth in the area, including the recently completed Yosemite Crossing Plaza. While the current infrastructure supports immediate development, any significant modifications or expansion beyond the existing lot size may require updated traffic counts and permits. This high-traffic location presents an unparalleled chance to establish a successful business in a prime Merced County setting.