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    305 Portico Drive

    Merced, CA 95348
    • $7,500,000
    • STATUS: Active
    • ON SITE: 130 days
    • MLS #: 20042740
    UPDATED: 208 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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    © 2020 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 2020-11-30T23:38:38.287. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.3steprealtygroup.com/homes/108170743
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    305 Portico Drive Merced, CA 95348

    • Price: $7,500,000
    • Status: Active
    • Updated: 208 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

    Addl Living Unit No Approx Elevation 0 Crops None Horse Property No Improvements Curb(S)GuttersPavedSidewalksStreet Lights Irrigation Water Dist Public Outbuildings None Primary Residence Other-Rmks Road Frontage Public Maintained Rd Road Surface Paved Topography Other-Rmks Vegetation None

    Property Features

    CCRs Yes Cross Street Address G Street Current Use Other-Rmks Development Status Lot Build To SuitMap TenativeOther-Rmks Equipment Included None HOA No Hoa Dues 0 Income Other-Rmks Land Type Residential Lot Min Bldg Sq Ft 0 Probable Use CommercialSubdivision Sewer Sewer Connected Site Location CornerOther-Rmks Special Conditions Other-Rmks Special Listing Condition None Utilities Electricity To SiteInternet AvailableNatural Gas To Site Water Public At Site Zoning R1 Zoning Description CommercialResidentialOther-Rmks

    Listing provided courtesy of Realty Executives Of Merced. Listing information © 2020 MetroList Services, Inc.


    © 2020 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 2020-11-30T23:38:38.287. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    3 Step Realty Group
    15 W 8th Street, Suite A
    Tracy CA, 95376