$12,000,000

2246 E Mission Ave Merced, CA 95341

Estimated payment $66,409/month

Total Views 20,707
162 Acres
$74,294 Price per Acre
7,035,812 Sq Ft Lot

Highlights

  • Panoramic View
  • No HOA
  • Agricultural
  • 161.52 Acre Lot

About This Lot

161.52+/- acres of future development land in South East Merced. Strategically located within close proximity to Hwy 99 and the newly developed Campus Expressway overpass, a direct route to UC Merced. The property is also located within the City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow for large scale tournaments, concerts, and events. Land running along Mission Ave is quickly becoming the object of attention as residential communities and city infrastructure is being brought further south to accommodate the city's massive growth and grossly underserved commercial/industrial/residential needs. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

Listing Agent

Mathew Madruga

EXP Realty of California, INC Brokerage Phone: 949-514-9100 License #02075873 Listed on: 10/19/2023

EXP Realty of California, INC

Co-Listing Agent

Ernie Ochoa, CCIM

Keller Williams Property Team Brokerage Phone: 949-514-9100 License #01247053

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,617

Lot Details

  • 161.52 Acre Lot
  • Rural Setting
  • The property's topography is leveled
  • 066031004000, 066031005000, 066031006000, 066031009000, 066031010000, 066031011000, 066031012000
  • Value in Land
  • Land Lease of $36,000 per year expires 12/31/23
  • Property is zoned A-1

Property Views

  • Panoramic
  • Pasture
  • Orchard Views
  • Mountain

Farming

  • Agricultural

Utilities

  • Propane
  • Agricultural Well Water Source
  • Well
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 066031003000
  • $575 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$1,617

Lot Details

0

Listing Details

  • Current Use: Agricultural, Residential
  • Current Use Comments: Three homes currently reside on the acreage, and the current crop being harvested is cotton.
  • Possible Use: Buyer to verify, Commercial, Improved, Industrial, Investment
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: A-1
  • Property Type: Land
  • Parcel Number: 066031003000
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.71

Exterior Features

  • View: Mountain(s), Orchard, Panoramic, Pasture

Utilities

  • Utilities: Electricity Connected, Phone Connected, Propane, Water Connected
  • Sewer: Septic Type Unknown
  • Water Source: Agricultural Well, Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Topography: Leveled
  • Additional Parcels: Yes
  • Additional Parcels Description: 066031004000, 066031005000, 066031006000, 066031009000, 066031010000, 066031011000, 066031012000
  • Land Lease: No
  • Land Lease Amount: 36000.00
  • Land Lease Amount Frequency: Annually
  • Land Lease Expiration Date: 2023-12-31
  • Lot Features: Agricultural, Agricultural - Row/Crop, Lot Over 40000 Sqft, Value In Land
  • Lot Size Sq Ft: 7035811.20
  • Lot Size Acres: 161.5200

Multi Family

  • Lot Size Area: 161.5200 Acres

Tax Info

  • Tax Census Tract: 9.01
  • Tax Lot: 63
  • TaxOtherAnnualAssessmentAmount: 575.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,617 $137,493 $49,408 $88,085
2024 $1,617 $134,875 $48,440 $86,435
2023 $1,576 $132,239 $47,491 $84,748
2022 $2,125 $129,787 $46,560 $83,227
2021 $1,551 $127,068 $45,648 $81,420
2020 $1,455 $125,859 $45,180 $80,679
2019 $1,306 $123,508 $44,295 $79,213
2018 $1,216 $116,659 $43,427 $73,232
2017 $1,195 $114,449 $42,576 $71,873
2016 $1,201 $111,928 $41,742 $70,186
2015 $1,166 $110,441 $41,115 $69,326
2014 $1,133 $108,451 $40,310 $68,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $2,812,500 -76.6% --
10/21/2024 10/21/24 For Sale $12,000,000 0.0% --
10/19/2023 10/19/23 For Sale $12,000,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC23188559

California Regional Multiple Listing Service (CRMLS)

APN: 066-031-004