Cressey CA Real Estate & Land for Sale

This 2.44-acre mixed-use lot offers an incredible investment opportunity with its versatile zoning, existing rental income, and potential for commercial and residential development. With a preliminary site plan suggesting the creation of a vibrant community and amenities, the options for this property are truly limitless. The front portion of the lot is designated as commercial, allowing for a wide range of business ventures. Currently, a thriving tire shop operates on the premises, providing a steady stream of rental income. Adjacent to the tire shop is an abandoned restaurant space, brimming with potential for renovation and reimagining. A mobile home and an RV, both of which generate additional rental income. With the ability to subdivide the residential section into 8 or 9 lots, the potential for building single-family houses is vast. with a vision for high-density residential projects, there is the possibility of converting the zoning to accommodate such plans.

160 acres. Rolling hills, North Fork of the Orestimba Creek flows through the property. Gated access. Adjacent properties are also for sale by a different owner. Combine this with ML81930081 for over 500 acres (offered by same listing agents). Private gated access. Perfect for a hunting ranch and off road vehicles.

Listed at assessed value. Seller will consider all reasonable offers.

Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.

Great parcel lot centrally located next to downtown Los Banos. Perfect opportunity to invest in an income generating asset or development opportunity.

3 acres of land with views!

DISCOVER YOUR DREAM! Build, graze, gorgeous flat private Ag land ready for whatever you desire....all it needs is YOU!

Motived seller, will consider carrying a note, with a good size downpayment. Great to build your home or Duplex Apartments on this Residential corner lot, Zoned R-2. On the corner of Santa Fe and Adobe St. Start your dream of building your own home or investment property.