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0 Lake Road Apn 060-020-044 - 47.7 Acres of Prime Development

47.7 Acres of Commercial Land in Merced, CA 95340

Investment Highlights

  • Lake Rd frontage is approximately 1,500 feet
  • • Alternate access could be from Los Olivos Rd.

Executive Summary

47. 7 Acres of Prime Development Land
Property is located across Lake Rd from UC Merced Campus.
Owner is interested in a Joint Venture Partnership with experienced Developer/Builder
Annexation of the property is in process based on recently California Assembly Bill AB 3312 which allows all of UC Merced to be annexed and only certain properties that are adjacent to campus property. The subject property is adjacent to UC Merced property.
General Plan indicates zoning for low density residential and mixed use, approximately 50% each. The City of Merced has been very cooperative and would entertain a Planned Development which could include Multi-family, Retail, Office etc.
Information for City of Merced Zoning Ordinance for Planned Development standards is available upon request or can be located on City of Merced web-site, zoning, special use zoning districts
Lake Rd frontage is approximately 1,500 feet
Alternate access could be from Los Olivos Rd.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hold For Development
Total Lot Size 47.70 AC

1 Lot Available

Lot

Lot Size 47.70 AC

Property is located across Lake Rd from UC Merced Campus.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060-020-044
Land Assessment
$1,041,228
Improvements Assessment
$0
Total Assessment
$1,041,228

zoning

Zoning Code A-R
A-R
  • Listing ID: 31140273

  • Date on Market: 12/15/2020

  • Last Updated:

  • Address: 0 Lake Road Apn 060-020-044, Merced, CA 95340

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