$7,602,783*
●
Land -
Off Market
305 Portico Drive
Merced, CA 95340
Studio
0 Bath
$6,750,000 - $8,250,000
Reference Base Price*
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
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.
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 30, 2022 | No longer available | - | |
No longer available | |||
Apr 29, 2022 | Sold | $6,800,000 | |
Sold | |||
May 28, 2021 | In contract | - | |
In contract | |||
Jul 23, 2020 | Listed | $7,500,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/23/2020
|
|
Loft
|
-
|
-
|
$7,500,000
Loft
-
|
-
-
|
-
|
Kelly Hasko
Realty Executives Of Merced
|