429 Merced St Planada, CA 95365
Residential development lands with subdivision potential totaling ±3.408 Acres. (one) parcel is ±0.408 acres (one) parcel is ±3 acres of shovel-ready land. While the land is a blank and clean canvas for flexible concepts, Seller has a subdivision plan for a development of 36 single-family home sites. Road ways leading to the property from neighboring developments are in place, as well as 3 existing paid for city sewer connections. The California Department of Finance reported that Merced County is the fastest growing in the state. The subject property is located in the Planada area which is an incorporated area of Merced County with a reported population of approximately 4,584 people, located 9 miles east of the City of Merced, CA and 12 miles south of University of California Merced.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.