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$2,400,000

2577 Lobo Avenue

Merced, CA 95348

Active

Merced

County

Land

Property Type

About this home

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.

Listed by Monica Franks · DRE #01269788 · Homesmart PV & Assoc., Merced

MLS #1108149441

ListedFeb 28, 2025

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking TotalN/A

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size24.50 ac

Lot FeaturesTwenty One To Twenty Five Units Acre

ViewNeighborhood

DirectionsThe property can be accessed on Lobo Just west of Wolf Street and Ashby just east of 2058 Ashby Rd. Cali Bros Truck Lines

Community

AreaN/A

School DistrictN/A

Tax & Financial

TermsCash To New Loan, Contract, Owner Will Carry, Submit

Land LeaseNo

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$12,774/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 5:15 PM

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