1300 Massasso Street - 3.32 Merced Land for Sale 3.32 Acres of Commercial Land Offered at $1,026,593 CAD in Merced, CA 95341

3.32 Acres Entitled & Mapped | 14–28 SFR Development Opportunity | Merced, CA
Price: $750,000
Rare opportunity to acquire two already subdivided residential land parcels totaling 3.32 acres (±144,619 SF) in a growing Merced neighborhood surrounded by established homes and existing utilities.
This is not raw speculation land.
This is a mapped, structured development play.
Property Breakdown
• Parcel 1: 1.90 Acres
• Parcel 2: 1.42 Acres
• Total: 3.32 Acres (±144,619 SF)
Currently subdivided into 14 residential lots with recorded map:
Lot Sizes:
7,361 SF
8,903 SF
7,378 SF
6,979 SF
8,810 SF
8,782 SF
8,754 SF
7,276 SF
7,276 SF
7,251 SF
9,855 SF
8,516 SF
8,544 SF
8,571 SF
Total mapped lot area: approx. 114,256 SF
Balance of land allows flexibility for infrastructure, access, or potential redesign.
Development Scenarios
Scenario 1 – Build 14 SFR Homes (Current Layout)
Average Home Size: 2,200–2,400 SF
Estimated Market Value Per Home: ~$500,000
14 Homes x $500,000 = $7,000,000 Gross Sellout
Land Cost at $750,000 = approx. $53,571 per lot
For a builder, this is extremely competitive land basis.
Scenario 2 – Higher Density Reconfiguration (Subject to City Approval)
If reconfigured to approx. 4,000–4,100 SF lots:
114,256 SF ÷ 4,080 SF ˜ 28 homes
28 Homes x $500,000 = $14,000,000 Gross Sellout
This is where the upside lives.
With Merced population growth and housing demand increasing, professionals in the area are suggesting smaller lot products may be viable.
Additional possibilities:
• Twin homes
• Townhomes
• Condos
• Build-to-rent product
Location Advantage
• Established residential neighborhood
• Utilities nearby – smoother connection process
• Growing Central Valley market
• Strong price point for 2,200–2,400 SF homes
• Affordable entry price for a subdivision-scale play
Merced continues to expand due to affordability migration from Bay Area and Central California job corridors.
Investment Summary
Total Land: 3.32 Acres
Mapped: 14 lots ready
Upside: Potential 28-lot configuration
Price: $750,000
At $750K for over 3 acres in a developing residential corridor, this is priced for movement.
Builders looking for:
• Small subdivision project
• Infill residential development
• Entry-level housing product
• Scalable lot count upside
This checks the boxes.