2577 Lobo Avenue, Merced, CA — listing photo 1
1 / 20
FOR SALENew Listing

2577 Lobo Avenue

Merced, CA 95348
1,067,220 Lot Sq Ft
$2,400,000
Price ReducedWas $24,000,000 — $2,400,000 (-$21,600,000)

Property Overview

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.

Home Details

Property type
Land
Lot size
24.50 acres
Days on market
3
MLS status
Active
Zoning
R-1

Features & Amenities

Lot

  • Twenty One To Twenty Five Units Acre

Community, Schools & Utilities

Community

View
Yes

Utilities

Water
SeeRemarks
Browse more homes for sale in Merced

Location & Neighborhood

2577 Lobo Avenue

Merced, CA 95348

Open in Google MapsOpen in Apple Maps

Frequently Asked Questions About 2577 Lobo Avenue

Property type: Land

The current asking price is $2,400,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2577 Lobo Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Merced, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Merced property.
The MLS currently reports the property as Active. It has been listed for 3 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Monica Franks
MLS ID: MCFRANMO

Available property

$2,400,000

CRMLS Logo

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.