3351 R Street

Closed 10/12/22
Closed 10/12/22
Gallery Image 1
Last Sold Price
$300,000
56,628 Lot Size1.3 Acres
3351 R St, Merced, CA 95348

Description

Excellent development opportunity in North Merced and just a few minutes drive to Merced College and UC Merced. This 1.3 acre commercial lot is located caddy-corner from the Target Shopping Center parking lot and within walking distance to Merced Mall. Merced Mall is slated for an additional 90,000 square feet of retail, food and entertainment making it a major entertainment destination in the near future. This vacant lot measures roughly 275' X 205' and City water and sewer is available along "R"...Excellent development opportunity in North Merced and just a few minutes drive to Merced College and UC Merced. This 1.3 acre commercial lot is located caddy-corner from the Target Shopping Center parking lot and within walking distance to Merced Mall. Merced Mall is slated for an additional 90,000 square feet of retail, food and entertainment making it a major entertainment destination in the near future. This vacant lot measures roughly 275' X 205' and City water and sewer is available along "R" Street. Other utilities (cable, gas, etc.) should also be available from "R" Street. Beautiful tree lined setting and bordering Black Rascal Creek making this an ideal site for a professional office complex. This lot is also adjacent to a small retail strip center that includes 7-11, a laundry-mat, Pizza Villa and tons of multi-family complexes. This parcel designated PD#8 zoning, which allows for Commercial Office use but could also potentially be approved for a Multi-Family project. Buyer will need to contact the City of Merced to determine buildable square footage, ingress/egress requirements, etc.
LISTING CLOSED: 10/12/2022 12:00 AM

  1. Listed by Daniel Gallagher • DRE #01819755 • Brokerage DRE #01103054 • CB Commercial, Gonella Realty • 209-777-5626
  2. Listed by Ernie Ochoa • DRE #01247053 • Brokerage DRE #01103054 • CB Commercial, Gonella Realty

Property Details for 3351 R Street

Status
Closed
MLS #
MC20073162
Days on Compass
541
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Land
MLS Type
Lot/Land
Year Built
-
Lot Size
1.30 AC
County
Merced County
View
Park/Greenbelt
Lot Size Source
Assessor
Assessor Parcel Number
058030023000
New Construction
No
Pool
No
View
Yes
View
Yes
Association
No
Association Fee
$.00
Zoning
P-D
Senior Community
No
Parcel Number
058030023000
Area
Out of Area
Directions
From Olive Ave., go north on "R" Street, just north of Loughborough Dr., the lot behind 7-11.
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Location

Listing Courtesy of CB Commercial, Gonella Realty, Daniel Gallagher, DRE #01819755; CB Commercial, Gonella Realty, Ernie Ochoa, DRE #01247053

Sold By CB Commercial, Gonella Realty, Dan Gallagher, DRE #01819755; CB Commercial, Gonella Realty, Ernie Ochoa, DRE #01247053

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Building Information for 3351 R Street

Lot Size1.30 AC

Payment Calculator

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$1,814 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$289

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3351 R Street

Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Census Tract: 10.03
  • Tax Lot: 48
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Distance To
  • Distance To Water: 100
Land/Lot Info
  • Lot Features: Lot Over 40000 Sqft, No Landscaping
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 3351 R Street

DateEvent & SourcePriceAppreciation
Oct 12, 2022

Sold

CLAW #MC20073162MR

$300,000—
Oct 12, 2022

Sold

CRMLS #MC20073162

$300,000—
Oct 12, 2022

Sold

SDMLS #MC20073162

$300,000—
DateEvent & SourcePrice
10/12/2022

Sold

CLAW #MC20073162MR

$300,000
10/12/2022

Sold

CRMLS #MC20073162

$300,000
10/12/2022

Sold

SDMLS #MC20073162

$300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3351 R Street

Taxable ValueLand$312,120Additions-Total$312,120
Tax Record2025$3,471 ($289 / month)
Home Facts
Lot Size56,628 SqFtStyleCommercialCountyMERCEDAPN058-030-023-000

Schools near 3351 R Street

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
Luther Burbank Elementary School
Public - K to 6
Rudolph Rivera Middle School
Public - 7 to 8
Merced High School
Public - 9 to 12
Joe Stefani Elementary School
Public - 3 to 6
Rating
School
Distance
Luther Burbank Elementary School
PublicK to 6

Rudolph Rivera Middle School
Public7 to 8

Merced High School
Public9 to 12

Joe Stefani Elementary School
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3351 R Street, Merced, CA 95348
$300,000
–
–
–
56,628
1109 Loughborough Drive, Unit B, Merced, CA 95348
$1,300,000
–
–
8,160
–
1121 Loughborough Drive, Merced, CA 95348
–
–
8
5,712
65,340
3326 R Street, Merced, CA 95348
$270,000
–
–
–
15,169
3318 R Street, Merced, CA 95348
$100,000
8
10
–
–
3310 R Street, Merced, CA 95348
$580,000
8
4
3,400
9,873

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Commercial, Gonella Realty, Daniel Gallagher, DRE #01819755; CB Commercial, Gonella Realty, Ernie Ochoa, DRE #01247053

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.