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2246 E Mission Ave, Merced, CA, 95341

$12,000,000

161.52 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Orchard, Panoramic, Pasture
MLS #MC23188559
Lot Size161.52 Acres
StatusActive

About 2246 E Mission Ave

161.52+/- acres of future development land in South East Merced. Strategically located within close proximity to Hwy 99 and the newly developed Campus Expressway overpass, a direct route to UC Merced. The property is also located within the City's General Plan, making it well positioned for future growth demand. Future possibilities could include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway. Gateway is located just on the opposite side of the freeway which includes major retailers such as Tractor Supply, Starbucks, Mcdonalds, Arco, Chevron and a coming soon Hilton Hotel with a convention center. The city of Merced just broke ground on a 40-acre sports complex just down Mission Ave, dubbed Community Park 42, which will house an array of sport fields and courts, along with lighting to allow for large scale tournaments, concerts, and events. Land running along Mission Ave is quickly becoming the object of attention as residential communities and city infrastructure is being brought further south to accommodate the city's massive growth and grossly underserved commercial/industrial/residential needs. The acreage is also adjacent to Yosemite Wholesale, a 220,000 sqft distribution warehouse that recently acquired the parcel between their existing property, and our subject land. As the city of Merced determines its need for commercial, industrial and residential land necessary to accommodate it's quickly growing population and a growing UC Merced, this could be the best timing to acquire development land.

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty of California, INC
  • Office Phone: (949) 514-9100
  • Listing Agent: Mathew Madruga

Exterior Features

Exterior Information:

  • View: Mountain(s), Orchard, Panoramic, Pasture

Lot Features

Lot Information:

  • Lot: Agricultural, Mineral Rights
  • Lot Size: 161.52 Acres

Other

Directions Information:

  • Directions: hwy 99, exit Campus Parkway, West on Mission blvd, property on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000,000
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Housing Market Comparison

See how this home compares to others in Merced, CA.

Med. Sold Price

$395K

Med. Price/SqFt

$250

Avg. Days On Market

38

# of Sold Homes

58

2246 E Mission Ave vs Merced

392 DAYS ON ROCKET

+354 Days

$12,000,000

+$11.6M More

KEY TAKEAWAY

This property is $11.6M more than the Median Sold Price in Merced, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MC23188559

Listing Office:

  • Office Name: EXP Realty of California, INC
  • Office Phone: (949) 514-9100
  • Listing Agent: Mathew Madruga

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-452544
6
/10
  • Pioneer Elementary School

  • 2950 E Gerard Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-452545
4
/10
  • Farmdale Elementary School

  • 100 Winder Ave

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-452546
3
/10
  • Charles Wright Elementary School

  • 900 E 20th St

  • 2.00 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,792. The most common annual income of people living in Merced, CA is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2246 E Mission Ave

What is the listing price of this property?

The listing price of 2246 E Mission Ave property is $12,000,000.

What type of property is this?

The property 2246 E Mission Ave is land located in Merced, California, 95341.

Is this property for sale now?

Active Listing: 2246 E Mission Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2246 E Mission Ave is 161.52 acres.
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Rocket HomesCaliforniaMerced CountyMerced953412246 E Mission Ave

This home is located at 2246 E Mission Ave in Merced, CA and zip code 95341. This home sits on a 161.52 acre lot. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $12,000,000.

While more than 17 listings in Merced, CA in October 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 27 were sold below. Between September 2024 and October 2024, Merced, CA real estate market has seen increase in the number of listings by 5.7%. Listings spent 38 days on the market in October 2024, and had a median list price of $395,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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