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5877 State Highway 49 N - Princeton Ranch Land Development

981 Acres of Commercial Land in Mariposa, CA 95338

Investment Highlights

  • Topography relatively flat with gentle rolling hills
  • High Multifamily demand from Yosemite to UC Merced

Attachments

Mariposa

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 981.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 981.00 AC

Two Parcels totaling 981 Acres Principal owns a 2/3rd interest as a Tenant in Common to the 781-acre parcel (APN# 012-120-007) and 100% fee title ownership in the 200-acre parcel (APN # 012-140-013) Joint Venture Partner Preferred

Description

Two Parcels totaling 981 Acres Principal owns a 2/3rd interest as a Tenant in Common to the 781-acre parcel (APN# 012-120-007) and 100% fee title ownership in the 200-acre parcel (APN # 012-140-013) Joint Venture Partner Preferred DEVELOPMENT POTENTIAL - Topography Relative flat with Gentle Rolling Hills - High-Density Single Family Residential - High Multifamily demand from Yosemite to UC Merced - Mixed-use Commercial/ Retail - Strongly Supported by Mariposa County Planning Dept. Next to: - 45 Minutes to Yosemite National Park - 45 Minutes to UC Merced - Yosemite-Mariposa Airport University of California, Merced - UC Merced is the newest campus in the world-renowned UC system. Development on the campus is planned to have 10,000 by 2020. This will be a tremendous demand generator for housing for students, faculty, and staff. Next to Yosemite National Park The main street of Mariposa is also Highway 140 which connects to a park entrance for Yosemite National Park. The park entrance is about 30 minutes from Mariposa/ Development Location. - Natural Beauty and Open Space - Capture Tourist Traffic to Yosemite National Park - Yosemite Park Demand for Housing & Office Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012-120-0070
Land Assessment
$1,263,333
Improvements Assessment
$13,333
Total Assessment
$1,276,666

zoning

Zoning Code 241C
241C
  • Listing ID: 31140231

  • Date on Market: 7/14/2021

  • Last Updated:

  • Address: 5877 State Highway 49 N, Mariposa, CA 95338

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