0 Lake RdMerced, CA 95341

Property Details for 0 Lake Rd

Lot size

47.70 AC

Property type

Agricultural properties

Property subtype

Other land

Description

This exceptional 47.7-acre parcel presents a unique development opportunity in Merced, CA. Located directly across Lake Road from the University of California, Merced campus, this property boasts approximately 1,500 feet of Lake Road frontage and offers alternative access via Los Olivos Road. Currently zoned for Planned Development, the land is ideally positioned to benefit from the significant growth spurred by UC Merced's recent $1.3 billion expansion project, which doubled the campus size to 1.2 million square feet and includes new student housing, research facilities, and athletic centers. The university's ambitious goal is to reach 15,000 students by 2030, further solidifying the area's potential. The Merced General Plan designates the area for a mix of low-density residential and mixed-use development (approximately 50% each), allowing for possibilities including multi-family, retail, and office spaces. The City of Merced has shown strong support for development, actively encouraging Planned Development projects. Annexation is underway, facilitated by California Assembly Bill AB 3312. Detailed information regarding City of Merced zoning ordinances for Planned Development standards is readily available. The owner is open to joint venture partnerships with experienced developers and builders. This presents a compelling investment opportunity in a rapidly growing area with strong institutional backing. The property's APN is 060-020-044.

Location Insight

City

Merced

County

Merced

State

California

Latitude

37.2276

Longitude

-120.482

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].