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    3404 Mckee

    Merced, CA 95340
    • $650,000
    • STATUS: ACTIVE
    • ON SITE: 10 days
    • ID#: MC21072609
    $650,000
    • 0
      BEDS
    • 2.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    2.5 acre parcel in the city limits with great development potential. Currently zoned R-1 but the site would be perfect for patio homes, townhouses or condominiums. Subject to zone change, the parcel could easily accommodate 20 units and there is currently strong demand for duplexes and other high density residential development in Merced. UC faculty, retirees and busy professionals all find low maintenance housing very appealing, especially this close to UC Merced, Merced Community College, Mercy Hospital, medical and other professional offices, restaurants, shopping and fitness facilities. There is a small 2 bedroom, 1 bath residence on the property that is occupied by long tern tenants but the residence is not a significant portion of the value. The real value is in the land and the development potential. The City of Merced has recently approved lot splits and mixed use development on other McKee Avenue parcels that are in very close proximity to this parcel. The parcel is adjacent to new single family development at the eastern boundary and the Seller is in possession of a current survey. One or more adjacent 2.5 acre parcels may be available for purchase in the future. Call for more details. Water to residence is from private well but City water and sewer services are available. Property also has Merced Irrigation water entitlements. 2.5 acre parcel in the city limits with great development potential. Currently zoned R-1 but the site would be perfect for patio homes, townhouses or condominiums. Subject to zone change, the parcel could easily accommodate 20 units and there is currently strong demand for duplexes and other high density residential development in Merced. UC faculty, retirees and busy professionals all find low maintenance housing very appealing, especially this close to UC Merced, Merced Community College, Mercy Hospital, medical and other professional offices, restaurants, shopping and fitness facilities. There is a small 2 bedroom, 1 bath residence on the property that is occupied by long tern tenants but the residence is not a significant portion of the value. The real value is in the land and the development potential. The City of Merced has recently approved lot splits and mixed use development on other McKee Avenue parcels that are in very close proximity to this parcel. The parcel is adjacent to new single family development at the eastern boundary and the Seller is in possession of a current survey. One or more adjacent 2.5 acre parcels may be available for purchase in the future. Call for more details. Water to residence is from private well but City water and sewer services are available. Property also has Merced Irrigation water entitlements.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    3404 Mckee Merced, CA 95340

    • Price: $650,000
    • Status: ACTIVE
    • ID#: MC21072609
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.5
    Acres
    Neighborhood:
    Merced (95340)
    County:
    Merced
    Area:
    Merced (95340)
    Property Description
    2.5 acre parcel in the city limits with great development potential. Currently zoned R-1 but the site would be perfect for patio homes, townhouses or condominiums. Subject to zone change, the parcel could easily accommodate 20 units and there is currently strong demand for duplexes and other high density residential development in Merced. UC faculty, retirees and busy professionals all find low maintenance housing very appealing, especially this close to UC Merced, Merced Community College, Mercy Hospital, medical and other professional offices, restaurants, shopping and fitness facilities. There is a small 2 bedroom, 1 bath residence on the property that is occupied by long tern tenants but the residence is not a significant portion of the value. The real value is in the land and the development potential. The City of Merced has recently approved lot splits and mixed use development on other McKee Avenue parcels that are in very close proximity to this parcel. The parcel is adjacent to new single family development at the eastern boundary and the Seller is in possession of a current survey. One or more adjacent 2.5 acre parcels may be available for purchase in the future. Call for more details. Water to residence is from private well but City water and sewer services are available. Property also has Merced Irrigation water entitlements. 2.5 acre parcel in the city limits with great development potential. Currently zoned R-1 but the site would be perfect for patio homes, townhouses or condominiums. Subject to zone change, the parcel could easily accommodate 20 units and there is currently strong demand for duplexes and other high density residential development in Merced. UC faculty, retirees and busy professionals all find low maintenance housing very appealing, especially this close to UC Merced, Merced Community College, Mercy Hospital, medical and other professional offices, restaurants, shopping and fitness facilities. There is a small 2 bedroom, 1 bath residence on the property that is occupied by long tern tenants but the residence is not a significant portion of the value. The real value is in the land and the development potential. The City of Merced has recently approved lot splits and mixed use development on other McKee Avenue parcels that are in very close proximity to this parcel. The parcel is adjacent to new single family development at the eastern boundary and the Seller is in possession of a current survey. One or more adjacent 2.5 acre parcels may be available for purchase in the future. Call for more details. Water to residence is from private well but City water and sewer services are available. Property also has Merced Irrigation water entitlements.
    Property Features

    Home Owners Fees 0.0 Miscellaneous Value in Land Terms Cash

    Listing provided courtesy of Next Door Real Estate. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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