3622 N State Highway 59, Merced, CA 95348
Local realty services provided by:CENTURY 21 Masters
3622 N State Highway 59,Merced, CA 95348
$3,490,000
- 10.73 Acres
- Lots / Land
- Active
Listed by: jaswant pannu
Office: jrp realty group
MLS#:226000354
Source:MFMLS
Price summary
- Price:$3,490,000
About this home
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.
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Home facts
- Listing ID #:226000354
- Added:162 day(s) ago
- Updated:June 14, 2026 at 02:56 PM
Structure and exterior
- Lot area:10.73 Acres
- Lot Features:Shape Regular
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,490,000
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