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429 Merced St - Residential Development Land in Planada, CA 3.4 Acres of Commercial Land Offered at $348,282 CAD in Planada, CA 95365

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INVESTMENT HIGHLIGHTS

  • Proposed 36-Lot SFR Home Sites | Ready to Build
  • Free And Clear Parcel Ready For Developers Concept
  • Easy Access & Multiple Entrances/Exits
  • ±3.408 Acres of Vacant Land | Subdivision Potential
  • Convenient and Close Highway Access | Central Location
  • Additional Land Next Door Also Available

PROPERTY FACTS

Price $348,282 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.40 AC
No. Stories 1
Zoning R15000

1 LOT AVAILABLE

Lot

Price $348,282 CAD
Price Per AC $102,435.90 CAD
Lot Size 3.40 AC

DESCRIPTION

Residential development lands with subdivision potential totaling ±3.408 Acres. (one) parcel is ±0.408 acres (one) parcel is ±3 acres of shovel-ready land. While the land is a blank and clean canvas for flexible concepts, Seller has a subdivision plan for a development of 36 single-family home sites. Road ways leading to the property from neighboring developments are in place, as well as 3 existing paid for city sewer connections. The California Department of Finance reported that Merced County is the fastest growing in the state. The subject property is located in the Planada area which is an incorporated area of Merced County with a reported population of approximately 4,584 people, located 9 miles east of the City of Merced, CA and 12 miles south of University of California Merced.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 037-080-029
  • 037-080-025
Land Assessment
$146,094 CAD
Improvements Assessment
$23,057 CAD
Total Assessment
$169,151 CAD
  • Listing ID: 19628956

  • Date on Market: 2020-05-21

  • Last Updated:

  • Address: 429 Merced St, Planada, CA 95365

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