Listed by Matthew Ostdiek•DRE #01074109• Ostdiek Realty
Contact: 559-470-7785
Pending
$4,752,000
Est. $30,755/mo —
Land
•
132.00
acres (lot)
4321 E Mission Ave, Merced, CA 95341
About this home
Fantastic opportunity for investors to own 132 Acres of potential development land in a prime location just outside the city limits of Merced, an area in the path of growth. Located within close proximity to Hwy 99 and Campus Parkway with lots of new commercial development including the soon to be completed Hilton Hotel and convention center. Merced County is one of the fastest growing counties in California, and UC Merced is one of the fastest growing public Universities in the US, The potential upside for residential, commercial, or industrial development is untapped! This 132 Acre property is located on two parcels. Both parcels are being sold together. Property has Merced Irrigation District access rights and a well. There is an older house on the property being sold ‘AS IS’.
The purpose of the General Agricultural Zone A-1 is to provide for areas for intensive farming operations dependent on higher quality soils, water availability, relatively flat topography, and agricultural commercial and; or industrial uses dependent on proximity to urban areas or location in sparsely populated low traffic areas. Parcels smaller than 40 acres down to a minimum of 871,200 sq ft may be approved where consistent with surrounding parcel sizes. This zone implements the Agriculture A, Agriculture Residential AR, and Urban Reserve UR land use designations in the General Plan.
Permitted uses
Include but are not limited to:
Agriculture
Ranch
Winery & vineyard
Housing-Single unit
Housing-Other
Office-Other
Public service
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Climate risks
7/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 104° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
38 unhealthy days expected this year, 40 days in 30 years
Provided by First Street
Historical weather
Merced, CA • 95341
Average low and high temperatures (°F)
59
39
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45
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49
84
55
92
61
93
61
96
64
91
62
80
54
64
46
55
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4321 E Mission Ave
$4,166,396
$586K under list price of $4.75M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $478K.