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Listed by Dan Del Real, DRE #01501195 • Del Real Commercial
$ 649,000
Est. payment /mo
New
1075 Martin Luther King Jr Merced, CA 95341
0.86 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMC26173032
Lot Size 0.864 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
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.
Location
State CA
County Merced
Zoning D0
Exterior
View None
Building
Water District - Public
Others
Tax ID 032072011000
Special Listing Condition Not Applicable
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