Description
Great Opportunity! Development land for sale in Planada. Right across the street from Planada Elementary School and Merced County Office of Education, Planada Head Start/Early Start. Only 12 miles away from UC Merced! Total 15.1 acres 2 APN's. 1st APN#037-250-002-000 = 9.6 acres zoned R-3; Multi-family Residential Zone. 2nd APN#037-250-015-000 = 5.5 acres zoned M-2; General Manufacturing Zone. A prime potential of property high density construction for a variety of R-3 uses. Current owner spent 10-15k to get plans for 90 homes. Property has a 972 sq ft house that is currently rented to owners employee. Tenant pays $450/month. House needs to be remodeled or demolished. City drainage is available at the corner of the property. Property connected to city water and PG&E. Property will be sold in its AS IS condition. Both parcels must be closed together.
Location
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$2,375,000
MLS# SP20191319
Listing Agent: Louie Gregorio
Courtesy of: Gregorio, Louie - Broker
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