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    305 Portico Drive

    Merced, CA 95348
    • $7,500,000
    • STATUS: Active
    • ON SITE: 270 days
    • MLS #: 20042740
    UPDATED: 42 min ago
    $7,500,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    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.

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-04-20T15:39:00.603. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.carlilerealty.com/homes/108170743
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    305 Portico Drive Merced, CA 95348

    • Price: $7,500,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 20042740
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    Neighborhood:
    Bellevue Ranch Campus Paseo
    County:
    Merced
    Area:
    Merced North
    Elementary School:
    Merced City
    Middle School:
    Merced City
    High School:
    Merced Union High
    School District:
    Merced
    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.
    Exterior Features

    Crops None Lot Features CornerCurb(S)Gutter(S)PavedSidewalk(S)Street Light(S)See Remarks Other Structures None Road Responsibility Public Maintained Road Road Surface Type Paved Total Parking Spaces 0 Vegetation None

    Property Features

    Additional Living Unit No Association No Association Fee 0 Current Use See Remarks Development Status Lot Build To SuitTentative Map FiledSee Remarks Distance To Electric Electricity To Site Distance To Gas Natural Gas To Site Distance To Water Public At Site Elevation 0 Horse Property No Income Includes See Remarks Irrigation Public District Num Of Lots 136 Other Equipment None Parking Fee 0.00 Possible Use CommercialSubdivision Primary Residence See Remarks Property Subtype Residential Lot Property Type Land Sewer Sewer Connected Special Listing Conditions None Utilities Internet Available Zoning R1 Zoning Description CommercialResidentialSee Remarks

    Listing provided courtesy of Realty Executives Of Merced. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-04-20T15:39:00.603. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    CARLILE Realty & Lending
    1860 Howe Avenue, Suite 100
    Sacramento CA, 95825