$3,490,000

3622 N State Highway 59 Merced, CA 95348

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10.73 acres · 467,399 sqft · $325,256/acre

Land · Zoned Planned Development · 292 days on Properkey

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.

Agent & source

Listed by
Jaswant S. Pannu
Brokerage
JRP Realty Group
DRE
#01823177
Email
[email protected]
MLS # 226000354 Source MetroList Services

Property details

Property Features

Current Use
Vacant
Possible Use
See Remarks
Lot features
Shape Regular
Road
Highway Exposure
Topography
Level

Utilities

Water Source
Public
Sewer
Public Sewer
Other

Nearby

Active Pending Closed Rental
Elementary
Merced City District
Middle
Merced City District
High
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: October 21, 2026 3:25 AM PT
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