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$3,490,000

3622 N State Highway 59, Merced CA, 95348

Price per sqft$7.47
Lot size10.73 Acres
Property typeLand

Overview

Active

Listed Jan 2, 2026

Updated Jul 4

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

MLS® ID
226000354

Exterior Features

Lot Size
10.73 Acres
MLS provider logo

Courtesy of JRP Realty Group, Jaswant Pannu,
Listing Contact:  

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