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1/2 Henry Street, Merced, CA 95341
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$1,473,000
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Home Details for 1/2 Henry Street
Price
$1,473,000
Type
Lots/Land
Lot Size
19.6401
County
Merced
MLS®️ Listing#
225080388
On exitrealty.com
150 days
Property Description
Location, Location! This 19.64-acre parcel is part of a 161+/- acre family ranch in the path of development which could be purchased together. Strategically located near Hwy 99 and the new Campus Expressway overpass, a direct route to UC Merced. The property is also within the Merced Vision 2030 SUDP Boundary, making it well positioned for future growth demand. Future possibilities include commercial, industrial or residential development for this underserved market. Also nearby is Gateway Marketplace, the newest regional commercial development project underway. Gateway Marketplace includes major retailers such as Tractor Supply, Starbucks, McDonald's, Arco, Chevron and a Hilton Hotel/Convention Center. The City of Merced recently broke ground on a 40-acre sports complex down Mission Ave, dubbed Community Park 42, a regional complex allowing large tournaments, concerts, and events. Land along Mission Ave is gaining attention as residential communities and infrastructure expand south to meet Merced's growth and underserved needs. This parcel also borders Yosemite Wholesale, a 220,000 SF distribution warehouse. As Merced defines its need for land to support growth and UC Merced expansion, this could be the ideal time to acquire development property.
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Listing Courtesy: eXp Realty of California Inc. - 888-832-7179. Presented by: Mathew A Madruga
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EXIT REALTY CONSULTANTS
600 E. Main Street, Suite 300, Turlock, CA 95380
CA DRE# 01424183. Kris Klair Broker.
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$1,473,000
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EXIT REALTY CONSULTANTS
600 E. Main Street, Suite 300, Turlock, CA 95380
CA DRE# 01424183. Kris Klair Broker.