Description

Rare opportunity to acquire two parcels totaling approximately 6 acres in a prime location with R-4 High Density Residential zoning. This offering includes APN 033-060-024-000 with Parsons Ave frontage and APN 033-210-062-000 featuring Bear Creek frontage across approximately 2.2 acres, creating a unique setting with added desirability. Per City of Merced zoning, R-4 allows multiple-family dwellings (apartments) by right, making this an ideal development opportunity for investors and builders. Accessory dwelling units (ADUs) and duplexes are also permitted, while single-family homes may be allowed with a minor use permit. This zoning is intended for higher density residential development, typically supporting approximately 12–24 units per acre, offering significant upside potential. With flexible residential use, dual frontage, and strong development fundamentals, this property is well-positioned for a range of projects from multi-family communities to mixed residential concepts. Buyer to verify all zoning, density, and development standards with the City of Merced.