About 2577 Lobo
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 youre 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.
Features of 2577 Lobo
| MLS® # | MC25044845 |
|---|---|
| Price | $2,400,000 |
| Acres | 24.50 |
| Type | Land |
| Sub-Type | Lots/Land |
| Status | Active |
Community Information
| Address | 2577 Lobo |
|---|---|
| Area | MERCED (95348) |
| City | Merced |
| County | Merced |
| State | CA |
| Zip Code | 95348 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|
Additional Information
| Date Listed | March 1st, 2025 |
|---|---|
| Days on Market | 523 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Homesmart PV & Assoc., Merced |
|---|