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
School Info
Assigned Schools Information:
Golden Valley High School, Public District Grades 9-12
Weaver Middle School, Public District Grades 6-8
Farmdale Elementary School, Public District Grades KG-5
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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Merced, CA.
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
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: 4/29/2024, 4:25:19 AM 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$59.9K
Per Month
Principal & Interest
$59.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$36K
Powered By
Advertisement
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.
Elementary School
4
/10
Farmdale Elementary School
100 Winder Ave
Distance between this listing and this school1.91 miles
Public District Grades KG-5
Middle School
4
/10
Weaver Middle School
3076 E Childs Ave
Distance between this listing and this school1.52 miles
Public District Grades 6-8
High School
3
/10
Golden Valley High School
2121 E Childs Ave
Distance between this listing and this school1.30 miles
Public District Grades 9-12
Assigned Schools
4
/10
Farmdale Elementary School
100 Winder Ave
Distance between this listing and this school1.91 miles
Public District Grades KG-5
Nearby Schools
4
/10
Pioneer Elementary School
2950 E Gerard Ave
Distance between this listing and this school0.97 miles
Public District Grades KG-5
3
/10
Charles Wright Elementary School
900 E 20th St
Distance between this listing and this school2.00 miles
Public District Grades KG-5
Assigned Schools
4
/10
Weaver Middle School
3076 E Childs Ave
Distance between this listing and this school1.52 miles
Public District Grades 6-8
Nearby Schools
3
/10
Herbert Hoover Middle School
800 E 26th St
Distance between this listing and this school2.49 miles
Public District Grades 6-8
3
/10
Tenaya Middle School
760 W 8th St
Distance between this listing and this school2.90 miles
Public District Grades 6-8
Assigned Schools
3
/10
Golden Valley High School
2121 E Childs Ave
Distance between this listing and this school1.30 miles
Public District Grades 9-12
Nearby Schools
2
/10
Merced Scholars Charter
808 W 16th St
Distance between this listing and this school3.12 miles
Public Charter Grades 6-12
3
/10
Merced High School
205 W Olive Ave
Distance between this listing and this school3.58 miles
The neighbors living near this home have an average income of $61,792. Most Merced, CA residents have annual incomes 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.
What are the assigned schools for this property?
The assigned schools for 2246 E Mission Ave are: Farmdale Elementary School: GreatSchools Rating 4/10Weaver Middle School: GreatSchools Rating 4/10Golden Valley High School: GreatSchools Rating 3/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.
In March 2024, from all listings sold in Merced, CA there were more than 23 sold above asking price, over 33 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Merced, CA between February 2024 and March 2024 decreased by 4.8%. While the average time on the market in March 2024 was 37 days, the median list price was $380,375.
From Rocket Homes Real Estate and based on county public records data.
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. 
Hunting
Hunting
Pro Wrestling
NASCAR
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Jimmy Johns
Hardee's
Applebees
Chevrolet
Dodge
Ram
New Country
Country