4321 E Mission Avenue, Merced, California 95341, Merced, 95341 - 4 bed, 2 bath
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Merced, California 95341
Analysis of 4321 E Mission Avenue, Merced, California 95341 is currently available with a list price of $4,950,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property features an 88-year-old residence (built 1936) sold in 'as-is' condition with no interior photos provided, indicating it has little to no contributory value. The listing focuses entirely on the 132 acres of land for potential development, suggesting the existing structure is likely unlivable and destined for demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 5749920, living area = 2002.
The property encompasses 132 acres of prime land in a high-growth corridor, offering immense potential for large-scale residential, commercial, or industrial projects.
Positioned near Highway 99, Campus Parkway, and the rapidly expanding UC Merced, the site benefits from proximity to major infrastructure and new commercial developments.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5749920, other record lot size in square feet = 3876840.
The existing 1936 residence is sold in 'as-is' condition, which likely necessitates demolition or extensive renovation costs for any buyer not focused solely on the land.
Being located just outside city limits may require navigating annexation or specific zoning approvals to unlock the property's full urban development potential.
Fantastic opportunity for investors to own 132 Acres of potential development land in a prime location just outside the city limits of Merced, an area in the path of growth. Located within close proximity to Hwy 99 and Campus Parkway with lots of new commercial development including the soon to be completed Hilton Hotel and convention center. Merced County is one of the fastest growing counties in California, and UC Merced is one of the fastest growing public Universities in the US. The potential upside for residential, commercial, or industrial development is untapped! This 132 Acre property is located on two parcels. Both parcels are being sold together. Property has Merced Irrigation District access rights and a well. There is an older house on the property being sold ‘AS IS’.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,002 | 1,721.5 |
| Lot Size | 5,749,920 | 7,120 |
| Price | $4.95M | $407.4K |
| Price per sq ft | $2.5K | $253 |
| Built year | 1936 | 2002 |
| HOA | $0 | $108 |
| Days on market | 643 | 62 |
Feb 28, 2026
$4,950,000
Initial Listing
Oct 17, 2024
$7,920,000
Initial Listing