About this property

Rare opportunity to acquire two parcels totaling approximately 6 acres in a prime location with R-4 High Density Residential zoning. This offering includes APN 033-060-024-000 with Parsons Ave frontage and APN 033-210-062-000 featuring Bear Creek frontage across approximately 2.2 acres, creating a unique setting with added desirability. Per City of Merced zoning, R-4 allows multiple-family dwellings (apartments) by right, making this an ideal development opportunity for investors and builders. Accessory dwelling units (ADUs) and duplexes are also permitted, while single-family homes may be allowed with a minor use permit. This zoning is intended for higher density residential development, typically supporting approximately 12-24 units per acre, offering significant upside potential. With flexible residential use, dual frontage, and strong development fundamentals, this property is well-positioned for a range of projects from multi-family communities to mixed residential concepts. Buyer to verify all zoning, density, and development standards with the City of Merced.

Features and Additional Information