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3622 N State Highway 59, Merced, CA 95348

$3,490,000
•
  • —

    bed

  • —

    bath

  • 10.73

    Acre ($325K/Acre)

Lot/Land for sale 301 days
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About 3622 N State Highway 59

Property type Lot/Land
HOA fee $0/month
Lot size 10.73 Acre
Movoto estimate
Property description
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.
Listed by
Listing Agent - Jaswant S Pannu
Listing Office - JRP Realty Group
Source: Metrolist Services,Inc. mls logo
MLS#226000354 • last updated 9 months ago
Movoto checked Metrolist Services,Inc. for data 7 minutes ago
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Overview
Levels/Style 0
Type Land
MLS # 226000354
Status Active
SubType Residential Acreage
Lot Size (Sqft) 467399
Lot Size (Acres) 10.73
Interior
Exterior
Lot Features Shape Regular
Irrigation Source None
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
Elementary School District Merced City
Middle School District Merced City
High School District Merced Union High
Directions From Hwy 59 Turn R On R St, Turn L On Yosemite Ave, Parcel On Right.
APN 206-050-017-000
Zoning Planned Unit Development, Multi-Residential, See Remarks
Multifamily Details
Income Includes See Remarks
Lot/ Land Details
Road Frontage Highway Exposure
Topography Level, Level
Development Status Site Plan Approved
Possible Use See Remarks
Current Use Vacant
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6/10
El Capitan High
public Grades 9-12
Merced Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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11/100
Walk
92/100
Family
40/100
Dining
76/100
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  • Real Estate
  • CA
  • Merced County
  • Merced
  • 95348
  • 3622 N State Highway 59

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Sacramento Metrolist Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Sacramento Metrolist Multiple Listing Service™ system. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Copyright 2026 MetroList Services, Inc. Metrolist Terms of Use
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