1075 Martin Luther King Jr, Merced, CA, CA 95341

$649,000

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List Price
$649,000
Status
ACTIVE
MLS#
MC26173032
County
Merced
Lot Size (acres)
0.8637
Days on Market
36
Property Type
Land

Property Description

±0.86-acre (37,622 SF) vacant corner land parcel in central Merced with dual frontage on Martin Luther King Jr. Way and W. 11th Street. Rare DUAL ZONING — R-4/C-C — supports high-density residential, commercial, and mixed-use development, and the site is a Merced County RHNA designated site, ideal for housing developers. Level, rectangular lot (±137' x 275') located ±0.2 miles from the CA-Hwy 99 interchange with ±9,200 ADT fronting the site and 46,000+ ADT on nearby Hwy 99. Dense trade area with ±63,000 adults within a 10-minute drive, expanding to ±112,000 within 15 minutes. Adjacent to McNamara Park in a high-walkability (74/100) neighborhood, minutes from downtown Merced and UC Merced's growing market. Served by existing city utilities; not in a special flood hazard area. APN 032-072-011-000. Ideal for owner-users, commercial developers, or multifamily builders.

Additional Information

Parcel Number
032072011000
Lot Features
0-1 Unit/Acre
Community Features
Sidewalks
View
None
Water
Public

Listing courtesy of Listing Agent: Dan Del Real (dan@dandelreal.com) from Listing Office: Del Real Commercial.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.