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2577 Lobo Ave

Merced, CA 95348

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$2,400,000

24.50 acres

2577 Lobo Ave

Merced, CA 95348

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Listed On: 03/01/2025
Status: Active
Listing Number: MC25044845 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Listing Agent: Monica Franks, Homesmart PV & Assoc., Merced

 OWN YOUR TOMORROW IN MERCED!!! Unlock an exceptional investment opportunity with this 24.5-acre property, offering prime Highway 99 visibility within 15 minutes of UC Merced, one of the fastest-growing universities in California. With 5 acres designated for General Commercial use in the General Plan, and commercial on both sides, this site is perfect for retail centers, office spaces, or mixed-use developments, capitalizing on the high-traffic exposure from Highway 99 and the expanding student and residential population. The remaining 19.5 acres are zoned R1, offering long-term residential development potential in a market that is booming due to university-driven economic growth, and a housing shortage in the area. Whether you're looking to build now or hold for future appreciation, this property provides a versatile investment with multiple possibilities for revenue streams. As UC Merced continues to expand enrollment and research facilities, the demand for housing, retail, and services will only increase, making this a prime opportunity for forward-thinking investors and developers. The property is currently leased for seasonal agricultural land crops with MID water access.
Special Listing Conditions
Trust
Current Use
Agricultural
Current Use Comments
Currently leased seasonally for ground crops using MID water.
Possible Use
Agricultural, Buyer to verify, Residential, See Remarks
Possible Use Comments
General Plan zoning shows General Commercial on front 5 acres of 2nd parcel. Adjacent to a commercial trucking company and a mobile home park on the Ashby/HWY 99 side, and residential homes on the Loba Avenue side.
Price Per Square Foot
$2
Days On Market
289
Cumulative Days On Market
289
County Or Parish
Merced
New Construction Y/N
No
Directions
The property can be accessed on Lobo Just west of Wolf Street and Ashby just east of 2058 Ashby Rd. Cali Bros Truck Lines
Water Source
See Remarks
Lot Features
21-25 Units/Acre
Lot Size Area
24.5000
Lot Size Units
Acres
Elevation Units
Feet
View Y/N
Yes
View
Neighborhood
Common Interest
None
Parcel Number
057390007
Additional Parcels Y/N
No
Additional Parcels Description
057390008
Zoning
R-1
Community Features
Rural
Senior Community Y/N
No
Association Y/N
No
Distance To Water Comments
MID in use
Land Lease Y/N
No
Tax Census Tract
9.03
Tax Lot
1

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2025  London Properties, Ltd. All rights reserved.

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