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$2,400,000

2577 Lobo Avenue, Merced CA, 95348

Price per sqft$2.25
Lot size24.5 Acres
Property typeLand

Overview

Active

Listed Mar 1, 2025

Updated Jun 2

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.

Additional information

MLS® ID
MC25044845

Exterior Features

Lot Size
24.5 Acres

Other Property Details

View
Yes
55+/Senior Community
No

Listed by Monica Franks, Homesmart PV & Assoc., Merced, CA DRE 01269788

Listing Contact: 209-345-3836 

Based on information from the CRISNet MLS as of 6/2/2026, 7:10 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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 consumers may be interested in purchasing.

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