2246 E Mission Ave, Merced, CA, 95341

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for sale

$12,000,000

Lot Size:	160.00 Acres
Status:	Active
MLS #:	223102305
Date Updated:	5/1/2024

For information contact:
Tinetti Realty Group
209-384-3885

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Go See This Property

160 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 include commercial, industrial or residential development for this underserved market area. The Gateway Marketplace is the newest regional commercial development project currently underway, located just across the freeway. This development includes major retailers such as Tractor Supply, Starbucks, McDonald's, Arco, Chevron and a Hilton Hotel with a convention center soon to be under construction. The city of Merced just broke ground on a 40 acre sports complex housing an array of sport fields, courts, and 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 needs. Yosemite Wholesale, a 220,000 sqft distribution warehouse, recently acquired the land which separates the warehouse from the subject acreage.Agriculture

Exterior Details
Lot Size Acres: 160.0000	Association: No
Association Fee: 0	Horse Property: No
Topography: Agricultural Leveled, Level	Zoning Description: Agricultural, Commercial, Residential, Retail, Rezone
Road Responsibility: Public Maintained Road

Community Information
APN: 066-031-003-000	County: Merced
Cross Street: Henry St	Other Equipment: Call Listing Agent
Water Source: Domestic Well With Pump, Irrigation District	Soil: See Remarks
Distance To Phone Service: Phone To Site

School Details
Elementary School District: Merced City	Middle or Junior School District: Merced City
Senior High School District: Merced Union High	School District (County): Merced

Property Information From MLS Data
Directions to Property: From Hwy 99, exit Campus Parkway and head West on Mission Ave. Subject land is on the left.	Elevation: 0
Development Status: See Remarks	Lot Features: Shape Regular
# of Lots: 8	Other Structures: Pole Barn, Residence, Garage(s), Miscellaneous Building(s)
Special Listing Conditions: None	Sewer: Sewer Connected & Paid, Standard Septic, Septic Tank
Vegetation: Crop(s), Orchard	View Description: Orchard, Panoramic, Hills
Irrigation: See Remarks	Zoning: A1
Lot Size Square Feet: 6969600.00	Crops: Almond, Walnut, Nuts, Other
Minimum Bldg SqFt: 0	Primary Residence: 31+ Years Old, Over 1500 SqFt
Virtual Tour URL: Click here	Distance To Sewer: Septic At Site
Distance To Water: Public Over 500 Ft	Road Surface Type: Paved
Second Parcel Number: 004, 005, 006, 009, 010, 011, 012	Commission To Buyer Broker: 3
Commission Type: %

Utilities
Current Use: Agricultural	Utilities: Phone Connected, Propane Tank Owned, Water Connected
Distance To Electric: Electricity To Site	Distance To Gas: Gas Over 500 Ft
Road Frontage Type: Highway Exposure, County Road

Listing Information Courtesy of:

Listing Co Office Name: Century 21 Select Real Estate

Listing Office Name: eXp Realty of California Inc.

Listing Agent Name: Mathew A Madruga

Listing Co Agent Full Name: Ernie Ochoa

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Monthly Payment for 2246 E Mission Ave

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.

Price:	$12,000,000
Down Payment:
Loan Amount:	$9,600,000
Loan Type:	30 year fixed at %
Principal & Interest:
Property Taxes:	(1.5%)
Homeowner's Insurance:
Total Payment:

Listing courtesy of Mathew Madruga, eXp Realty of California Inc.

Information obtained from CAMMLS is current as of 5/1/2024 6:48 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Status Explained

Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.

Status	Meaning
Active	Available for purchase
Active with Contract Backup Contingent Cont Continue to Show Pending Under Deposit Under Contract	Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer. Contact an agent to discuss making an offer.
Back On Market	Available. The listing was previously unavailable
Cancelled Closed Sold Expired Off Market Withdrawn	No longer available.
New	Available, recently listed
Price Raised Reduced Changed	Available and has recently had a price change
Short Short Sale	Available but requires a bank approval for any offer

Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Connecting with Buyers and Sellers

Tinetti Realty Group is a full service Real Estate Brokerage Firm for the Central Valley of California. Our goal is to find the perfect solution for your Real Estate needs. Our firm prides itself in having specialized agents for both Commercial and Residential Real Estate. Preview our listings and let one of our specialized agents assist you in finding the right property. If we don’t have it, we’ll find it!