3622 N State Highway 59 Merced, CA $ 3,490,000
3622 N State Highway 59
$ 3,490,000
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3622 N State Highway 59

Merced, CA, 95348
$ 3,490,000
Baths0.0

Monthly Estimate*

$ 21,489

3622 N State Highway 59, Merced, CA 95348 - Image 1
3622 N State Highway 59, Merced, CA 95348 - Image 2
3622 N State Highway 59, Merced, CA 95348 - Image 3
3622 N State Highway 59, Merced, CA 95348 - Image 4
3622 N State Highway 59, Merced, CA 95348 - Image 5
3622 N State Highway 59, Merced, CA 95348 - Image 6
3622 N State Highway 59, Merced, CA 95348 - Image 7
3622 N State Highway 59, Merced, CA 95348 - Image 8
Studio

Lots and Land for sale in Merced, CA

for $3,490,000. The lot size is 10.73.

Approved multifamily development opportunity in the City of Merced. The property features entitled plans for 18 buildings totaling 132 apartment units, along with a dedicated communal facility. The project is designed with modern layouts, efficient floor plans, and private balconies, offering a high-quality residential experience. The site is zoned Planned Development (PD #46) with a General Plan designation of High-Medium Density, supporting strong multifamily potential. Planned amenities include a fitness center, swimming pool, and clubhouse, enhancing long-term tenant appeal. Ideally located in North Merced, with close proximity to UC Merced, major transportation corridors, dining, and retail. A rare, shovel-ready investment opportunity in a rapidly growing market with strong rental demand.

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Lots and Land Active

Price

$ 3,490,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Residential Acreage

Lot Size

10.73

Town/City

Merced

County/Region

Merced

MLS | Web ID

226000354

Features
General
Sewer Public Sewer
Utilities Other
Development Status Site Plan Approved
Zoning Planned Development
HOA Fee 0
Crops None
Topography Level
Property Subtype Residential Acreage
Current Use Vacant
Elevation 0
County Merced
Property Type Land
HOA N
Possible Use See Remarks
Close Price 0.0
Status Active
Directions From Hwy 59 Turn R on R St Turn L on Yosemite Ave Parcel on Right.
City Merced
High School District Merced Union High
Zoning Description Planned Unit Development Multi-Residential See Remarks
MLS Area 20409
Lot Size Square Feet 467399.0
Standard Status Active
Middle/Junior School District Merced City
Elementary School District Merced City
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Exterior
Vegetation None
Lot Features Shape Regular
Water Source Public
Total Parking 0.0
Lot Size Acres 10.73
Lot Size Source Assessor Auto-Fill
Road Frontage Type Highway Exposure
Number of Lots 0
Horse Y/N N
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Internal Only
Street Number 1 3622
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* Excluded Features
List By
Jrp Realty Group

Broker

jaswantpannu@yahoo.com

Email

Affordability Calculator

$21,489
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,489
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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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Nearby
3193768 Elementary School
3193616 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/2/2026 $3,490,000 Listed Price

Map


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3622 N State Highway 59, Merced, CA, 95348 is a Lots and Land for sale at $3,490,000 with a lot size of 10.73. 3622 N State Highway 59 is a studio with 0.0 baths. The property's zip code is 95348 which is in Merced, CA