3 months on rocket

402 Mercy Ave, Merced, CA, 95340

$5,053,000

1.04 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #MC24180339
Lot Size1.04 Acres
StatusActive

About 402 Mercy Ave

Prime Commercial Lot for Sale – Ideal for Medical or Retail Use. This strategically positioned lot is conveniently located near Mercy Hospital, Merced College, and just minutes from UC Merced. The area is thriving with recent new construction completed at Yosemite Crossing Plaza, enhancing its appeal for high-traffic business opportunities. Spanning 71,810 sq ft, with 30,000 sq ft already developed, housing the Heart Association and G.V.H.C. Development Status: The property is development-ready with all necessary permits approved. Infrastructure is complete, including utility loops in all lots, finished sidewalks, and a parking lot fully constructed on one of the lots. Features a 6-foot wall with lush landscaping and trees ensures privacy and adds to the property’s visual appeal. This location is perfect for doctors’ offices, restaurants, or retail establishments. Its proximity to key institutions and recent commercial developments makes it a high-visibility spot. If development plans exceed the current lot size or if there are any significant modifications, updated traffic counts and permits may be required. Don’t miss this exceptional opportunity to establish your business in a prime, high-traffic area with full infrastructure in place. Contact us today for more information!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Property Team
  • Office Phone: (209) 261-6164
  • Listing Agent: Ranjeet Singh

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 1.04 Acres

Other

Directions Information:

  • Directions: left onto G St; right onto Mercy Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,053,000

Tax Information:

  • Annual Amount: $1,655
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$395K

Med. Price/SqFt

$251

Avg. Days On Market

63

# of Sold Homes

51

402 Mercy Ave vs Merced

101 DAYS ON ROCKET

+38 Days

$5,053,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M 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: #MC24180339

Listing Office:

  • Office Name: Keller Williams Property Team
  • Office Phone: (209) 261-6164
  • Listing Agent: Ranjeet Singh

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: 12/17/2024, 10:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,655$124,275
2020$1,654$123,001
2019$1,499$120,590
2018$1,499$118,226

History based on county public records data.

Payment Calculator

$25.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.2K

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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-4247761
5
/10
  • Peterson Elementary School

  • 848 E Donna Dr

  • 0.91 miles

  • Public District Grades KG-6

school-card-donut-4247762
5
/10
  • Donn B. Chenoweth Elementary School

  • 3200 N Parsons Ave

  • 1.60 miles

  • Public District Grades KG-6

school-card-donut-4247763
5
/10
  • Luther Burbank Elementary School

  • 609 E Alexander Ave

  • 1.70 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,819. Most Merced, CA residents have annual incomes between $35k-100k. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 Mercy Ave

What is the listing price of this property?

The listing price of 402 Mercy Ave property is $5,053,000.

What type of property is this?

The property 402 Mercy Ave is land located in Merced, California, 95340.

Is this property for sale now?

Active Listing: 402 Mercy Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,655 (source: MLS/based on county public records data).

How much acreage is this property?

The property 402 Mercy Ave is 1.04 acres.
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Rocket HomesCaliforniaMerced CountyMerced95340402 Mercy Ave

This home is located at 402 Mercy Ave in Merced, CA and zip code 95340. This home sits on a 1.04 acre lot. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $5,053,000.

While more than 17 listings in Merced, CA in November 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Merced, CA decreased by 7.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 63 days, the median list price was $395,000.

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

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