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429 Merced St - Residential Development Land in Planada, CA
3.4 Acres of Commercial Land Offered at $249,500 in Planada, CA 95365
Investment Highlights
- Proposed 36-Lot SFR Home Sites | Ready to Build
- Free And Clear Parcel Ready For Developers Concept
- Easy Access & Multiple Entrances/Exits
- ±3.408 Acres of Vacant Land | Subdivision Potential
- Convenient and Close Highway Access | Central Location
- Additional Land Next Door Also Available
Property Facts
| Price | $249,500 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.40 AC |
| Price | $249,500 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.40 AC |
1 Lot Available
Lot
| Price | $249,500 | Lot Size | 3.40 AC |
| Price Per AC | $73,382 |
| Price | $249,500 |
| Price Per AC | $73,382 |
| Lot Size | 3.40 AC |
Description
Residential development lands with subdivision potential totaling ±3.408 Acres. (one) parcel is ±0.408 acres (one) parcel is ±3 acres of shovel-ready land. While the land is a blank and clean canvas for flexible concepts, Seller has a subdivision plan for a development of 36 single-family home sites. Road ways leading to the property from neighboring developments are in place, as well as 3 existing paid for city sewer connections. The California Department of Finance reported that Merced County is the fastest growing in the state. The subject property is located in the Planada area which is an incorporated area of Merced County with a reported population of approximately 4,584 people, located 9 miles east of the City of Merced, CA and 12 miles south of University of California Merced.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $16,121 | |
| Land Assessment | $102,144 | Total Assessment | $118,265 |
PROPERTY TAXES
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429 Merced St - Residential Development Land in Planada, CA
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