2246 E Mission Avenue Merced, CA $ 12,000,000
2246 E Mission Avenue
$ 12,000,000
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2246 E Mission Avenue

Merced, CA, 95341
$ 12,000,000
Baths0.0

Monthly Estimate*

$ 79,756

Listed by EXP Realty of California, INC
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Studio

Lots and Land for sale in Merced, CA

for $12,000,000. The lot size is 161.52.

161.52+/- acres of future development land in South East Merced. Strategically located within close proximity to Hwy 99 and the newly developed Campus Expressway overpass, a direct route to UC Merced. The property is also located within the City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow for large scale tournaments, concerts, and events. Land running along Mission Ave is quickly becoming the object of attention as residential communities and city infrastructure is being brought further south to accommodate the city's massive growth and grossly underserved commercial/industrial/residential needs. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

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Lots and Land Active

Price

$ 12,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

161.52

Town/City

Merced

County/Region

Merced

MLS | Web ID

MC23188559

Days on Market

247

Features
General
Sewer SepticTypeUnknown
Utilities ElectricityConnected Propane PhoneConnected WaterConnected
Zoning A-1
HOA 0.0
View Mountains Orchard Panoramic Pasture
Topography Level
Community Features Rural
Additional Parcels Description 066031004000 066031005000 066031006000 066031009000 066031010000 066031011000 066031012000
County Merced
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Trust
Status Active
Directions hwy 99 exit Campus Parkway West on Mission blvd property on left.
City Merced
Disclosures Easements
Land Lease Amount 36000.0
View Y/N Y
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 7035811.2
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash CashtoNewLoan Submit
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.wellcomemat.com/mls/5560af85ffe51lgqn https://www.wellcomemat.com/video/5560af85ffe51lgqn/E-Mission/
Days on Market 193
Standard Status Active
Tax Lot 63
Expected Active Date 2023-10-19
Land Lease Amount Frequency Annually
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Exterior
Fencing None
Lot Features Agricultural LotOver40000Sqft ValueInLand MineralRights
Water Source AgriculturalWell Well
Lot Size Area 161.52
Spa N
Lot Size Acres 161.52
Road Surface Type Paved
Lot Size Source Estimated
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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Internal Only
Street Number 1 2246
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* Excluded Features
List By
Exp Realty Of California, Inc

Broker

(888) 832-7179

Phone

Affordability Calculator

$79,756
Per Month
100%
0%
0%
Monthly Principal & Interest
$79,756
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2023$12,000,000 Listed Price

Map


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2246 E Mission Avenue, Merced, CA, 95341 is a Lots and Land for sale at $12,000,000 with a lot size of 161.52. 2246 E Mission Avenue is a studio with 0.0 baths. The property's zip code is 95341 which is in Merced, CA