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3622 N State Highway 59, 
Merced, CA 95348

$3,490,000

—

Bed

—

Bath

-

Sq Ft

10.73

Acres (Lot)

Land

Active

Listed by

Jaswant Pannu

Jrp Realty Group

Last updated:

January 7, 2026, 04:40 PM

MLS#

226000354

Source:

MFMLS

About This Land

3622 N State Highway 59

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

10.73

MLS #:

226000354

Last Updated:

January 7, 2026, 04:40 PM

Finances & Disclosures

Finances

Price:

$3,490,000

MLS Logo
MetroList 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: January 7, 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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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.