Views
Address
305 Portico Drive Merced, CA
Price
$ 7,500,000
Property Attributes
  • MLS#MC20146569
  • TypePending
  • CountyMERCED
  • CityMerced
  • Zip95348
  • Style
  • Price$ 7,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,500 SqFt
Listing Provided Courtesy Of:
Kelly Hasko with Realty Executives Of Merced.
Data Source:
CRMLS
Property Description

136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and obtain City approval. Approximately 57 lots would need to be removed to build a commercial complex with 2 buildings, parking lot and area including drain basin.

Price History
7/23/2020 Listed $7,500,000

General Features

Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Listing Agent Kelly Hasko - BRE#01790310
Listing Agent State License 01790310
Property Type Land
Sewer Public Sewer
Special Listing Conditions Standard
Terms Cash, Conventional
View Neighborhood
Virtual Tour https://www.tourfactory.com/idxr2570213
Zoning RP-D

Exterior Features

Fencing None
Lot Features 0-1 Unit/Acre, 36-40 Units/Acre
Lot Size Acres 0.08
Lot Size Area 3500
Lot Size Source Assessor
Lot Size Square Feet 3500
Lot Size Units Square Feet
Road Frontage Type City Street
Road Surface Type Paved
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 95348

Price
AVG $960K
$7.5M
Visits
AVG 52
230
Walkscore
AVG 27
3
Data Provided by Walkscore ® not using MLS data

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