For Sale
Property Photo

$3,490,000

For Sale

3622 N State Highway 59 Merced, CA 95348

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Property Highlights

Land

Property Type

10.73

Acres

467,399

Sq Ft

$325,256

Per Acre

Planned Deve...

Zoning

236

Days On Properkey

226000354

MLS #

METROLIST

MLS Source

Description

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.

Listed by Jaswant S. Pannu • DRE #01823177 • JRP Realty Group

Contact: (408) 340-0157

Contact: [email protected]

MLS #: 226000354
Source: MetroList Services

Property Features

Lot Features: Shape Regular

Utilities

Nearby

Active Pending Closed Rental

Elementary School

Merced City District

Middle School

Merced City District

High School

Merced Union High District

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: August 26, 2026 10:38 AM PT
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