3622 N State Highway 59, Merced, CA 95348
- $3,490,000
- List Price
- $3,490,000
- MLS#
- 226000354
- Status
- ACTIVE
- Acres
- 10.73
- Type
- Land
- Zip
- 95348
- city
- Merced
- Region
- Los Banos City Limits
- Property Type
- Land
Property Description
Approved multifamily development opportunity in the City of Merced. The property features entitled plans for 18 buildings totaling 132 apartment units, along with a dedicated communal facility. The project is designed with modern layouts, efficient floor plans, and private balconies, offering a high-quality residential experience. The site is zoned Planned Development (PD #46) with a General Plan designation of High-Medium Density, supporting strong multifamily potential. Planned amenities include a fitness center, swimming pool, and clubhouse, enhancing long-term tenant appeal. Ideally located in North Merced, with close proximity to UC Merced, major transportation corridors, dining, and retail. A rare, shovel-ready investment opportunity in a rapidly growing market with strong rental demand.
Additional Information
- Land Area (Acres)
- 10.73
- Subtype
- Residential Acreage
- Zoning
- Planned Development
- Current Use
- Vacant
- Development Status
- Site Plan Approved
- Vegetation
- None
- Road Frontage
- Highway Exposure
- Additional Living Unit
- No
- Irrigation
- None
- Special Conditions
- Offer As Is
Mortgage Calculator
Listing courtesy of JRP Realty Group.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .