For Sale

3622 State Highway 59 , Merced, CA 95348

3622 State Highway 59 , Merced, Merced, CA, 95348
3 months ago
Views: 17

$3,490,000(Negotiable)

Overview

3484098

Type

Residential Acreage

Parking

Purpose

For Sale

About This Listing

Approved multifamily development opportunity in the City of Merced. The property features entitled plans for 18 buildings totaling 132 apartment units, along with a dedicated communal facility. The project is designed with modern layouts, efficient floor plans, and private balconies, offering a high-quality residential experience. The site is zoned Planned Development (PD #46) with a General Plan designation of High-Medium Density, supporting strong multifamily potential. Planned amenities include a fitness center, swimming pool, and clubhouse, enhancing long-term tenant appeal. Ideally located in North Merced, with close proximity to UC Merced, major transportation corridors, dining, and retail. A rare, shovel-ready investment opportunity in a rapidly growing market with strong rental demand.

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MetroList CA data Last Updated: January 2, 2026, 11:07 pm

Data Source: SACM