0 Lake Road Apn 060-020-044 - 47.7 Acres of Prime Development
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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 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 | Property Subtype | Commercial |
No. Lots | 1 | Proposed Use | Hold For Development |
Property Type | Land | Total Lot Size | 47.70 AC |
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 |
Lot Size | 47.70 AC |
Property is located across Lake Rd from UC Merced Campus.
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PROPERTY TAXES
Parcel Number | 060-020-044 | Improvements Assessment | $0 |
Land Assessment | $1,041,228 | Total Assessment | $1,041,228 |
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 |
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0 Lake Road Apn 060-020-044 - 47.7 Acres of Prime Development
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