
Merced, California 95348
39 Acres! Exceptional investment opportunity located on the outskirts of Merced, offering outstanding long-term development potential. This strategically positioned property is a strong candidate for future annexation into the Merced city limits. Conveniently located near Highway 99, the property provides excellent accessibility and is adjacent to an established residential subdivision. It is also directly across the street from Franklin Elementary School, making it an attractive location for future residential or mixed-use development, don't miss this rare opportunity to invest in a property with significant future growth potential in one of Merced's expanding areas. Other income possibilities, you can plant an Orchard, and the property has 8 homes that could be used as rental income. 6 of the homes are connected to city water.
Property is land value only, full reconstruction required.
The property was built in 1946 (>50 years old) and is being marketed primarily for its 39-acre land value and future development potential. While 8 rental homes exist, their age and the listing's focus on annexation and redevelopment suggest the structures are at the end of their functional life with no evidence of recent renovations to kitchens, baths, or systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1698840, living area = 8.
Spanning 39 acres adjacent to an established subdivision and across from an elementary school, this property is a prime candidate for future annexation into Merced city limits for residential or mixed-use development.
The inclusion of eight existing homes provides immediate rental income potential, supplemented by the ability to utilize the vast acreage for agricultural purposes such as an orchard.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8, other record living area = 832.
Realizing the property's highest and best use depends on successful annexation and rezoning, processes that can be lengthy, costly, and subject to changing municipal policies.
With a primary build date of 1946, the existing residential structures may require substantial maintenance, repairs, or modernization to sustain rental income or meet current building standards.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.4 |
| Baths | 0.0 | 2.0 |
| Square foot | 8 | 1,698.064 |
| Lot Size | 1,698,840 | 6,572.897 |
| Price | $2.73M | $415.4K |
| Price per sq ft | $341.2K | $253 |
| Built year | 1946 | 2002 |
| HOA | $0 | $108 |
| Days on market | 23 | 68 |
Oct 1, 2026
$2,730,000
Initial Listing