2577 Lobo Ave Merced, CA 95348
Property details
About 2577 Lobo Ave
OWN YOUR TOMORROW IN MERCED!!! Unlock an exceptional investment opportunity with this 24.5-acre property, offering prime Highway 99 visibility within 15 minutes of UC Merced, one of the fastest-growing universities in California. With 5 acres designated for General Commercial use in the General Plan, and commercial on both sides, this site is perfect for retail centers, office spaces, or mixed-use developments, capitalizing on the high-traffic exposure from Highway 99 and the expanding student and residential population. The remaining 19.5 acres are zoned R1, offering long-term residential development potential in a market that is booming due to university-driven economic growth, and a housing shortage in the area. Whether you’re looking to build now or hold for future appreciation, this property provides a versatile investment with multiple possibilities for revenue streams. As UC Merced continues to expand enrollment and research facilities, the demand for housing, retail, and services will only increase, making this a prime opportunity for forward-thinking investors and developers. The property is currently leased for seasonal agricultural land crops with MID water access.
Highlights
Summary
- MLS Number: MC25044845
- MLS Name: CRMLS
- Office Name: Homesmart PV & Assoc., Merced
- Office Phone: (209) 345-3836
- Listing Agent: Monica Franks
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,400,000
2577 Lobo Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 23, 1997 | Home Sold | $49,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $76,680 | $873 |
| 2023 | $75,177 | $860 |
| 2022 | $73,704 | $846 |
| 2021 | $72,260 | $842 |
| 2020 | $71,520 | $846 |
| 2019 | $70,118 | $729 |
| 2018 | $68,744 | $729 |
| 2017 | $67,397 | $757 |
History based on county public records data.
Nearby schools
4
Joe Stefani Elementary School
Public District 4-6
0.4 mi
•2768 Ranchero Ln
6
Franklin Elementary School
Public District KG-3
0.5 mi
•2936 Franklin Rd
4
Leontine Gracey Elementary School
Public District KG-6
2.2 mi
•945 N West Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,782. Typical income of Merced, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Dollar General
Kmart
Where do the neighbors go to eat?
Little Caesars
Cracker Barrel
Bob Evans
What do the neighbors drive?
Chevrolet
Ram
Buick
What do the neighbors listen to?
Country- Classic Country
Oldies
Frequently asked questions
About 2577 Lobo Ave
This home is located at 2577 Lobo Ave in Merced, CA and zip code 95348. Features: 0 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $2,400,000.
While more than 12 listings in Merced, CA in February 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Merced, CA increased by 7.6% between January and February 2025. In February 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $404,783.