#225055194, Carol Mauldin, Listing Office: Golden Gate Sotheby's International Realty
#MC25044845·
Listing office: Homesmart PV & Assoc., Merced·
Listing agent: Monica Franks·
Listing office phone: 209-345-3836
$2,400,000 List price
2577 Lobo Ave Merced, CA 95348
24.5 acres
Land
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
Home typeOther
StatusActive
Lot size24.5 Acres
MLS #MC25044845
ViewNeighborhood
Summary
- View: Neighborhood
- List Price: $2,400,000
- HOA Amount: $0
- Annual Tax Amount: $873
- Tax Year: 2024
- Directions: The property can be accessed on Lobo Just west of Wolf Street and Ashby just east of 2058 Ashby Rd. Cali Bros Truck Lines
- Lot Size: 24.5 Acres
- 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: 5/29/2025, 7:20:29 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. The most common annual income of people living in Merced, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
25%
<35k
54%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
29%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
11%
65+ yrs old
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
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2577 Lobo Ave
The listing price of 2577 Lobo Ave property is $2,400,000.
The property 2577 Lobo Ave is land located in Merced, California, 95348.
Active Listing: 2577 Lobo Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2577 Lobo Ave are: Joe Stefani Elementary School (GreatSchools Rating 4/10), Franklin Elementary School (GreatSchools Rating 6/10), Leontine Gracey Elementary School (GreatSchools Rating 4/10), McSwain Elementary School (GreatSchools Rating 5/10), Rudolph Rivera Middle School (GreatSchools Rating 5/10), Rudolph Rivera Elementary School (GreatSchools Rating 4/10), Merced Scholars Charter (GreatSchools Rating 5/10), Valley Merced Community (GreatSchools Rating 2/10), Buhach Colony High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $873 (source: MLS/based on county public records data).
The last sale was on October 23, 1997 for $49,000 (source: MLS/tax record).
The property 2577 Lobo Ave is 24.5 acres.
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 24 listings in Merced, CA in April 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 33 were sold below. The number of listings in Merced, CA increased by 3.3% between March and April 2025. The median list price of listings available in April 2025 was $405,000, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.