- $2.4M Price
- 24½ Acres
- 181 DOM
2577 Lobo Avenue
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 you’re 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.
Essential Information
- MLS® #MC25044845
- Price$2,400,000
- Bathrooms0.00
- Acres24.50
- TypeLand
- StatusActive
Community Information
- Address2577 Lobo Avenue
- CityMerced
- CountyMerced
- Zip Code95348
Amenities
- ViewNeighborhood
Exterior
- Lot DescriptionTwentyOneToTwentyFiveUnitsAcre
Additional Information
- Date ListedFebruary 28th, 2025
- Days on Market181
- ZoningR-1
Listing Details
- AgentMonica Franks
- OfficeHomesmart PV & Assoc., Merced
Price Change History for 2577 Lobo Avenue, Merced, (MLS® #MC25044845)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $24,000,000 to $2,400,000 |
Monica Franks, Homesmart PV & Assoc., Merced.
Based on information from California Regional Multiple Listing Service, Inc. as of August 29th, 2025 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.