3622 N State Highway 59, Merced, CA 95348

Local realty services provided by:ERA Carlile Realty Group
3622 N State Highway 59,Merced, CA 95348
$3,490,000
  • 10.73 Acres
  • Lots / Land
  • Active
Listed by: jaswant pannu
Office: jrp realty group
MLS#:226000354
Source:MFMLS

Price summary

  • Price:$3,490,000

About this home

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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Home facts

  • Listing ID #:226000354
  • Added:40 day(s) ago
  • Updated:February 10, 2026 at 04:06 PM

Structure and exterior

  • Lot area:10.73 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,490,000
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: February 10, 2026. Information being 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. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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