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Closed
- Listed price
- $350,000
- Listed May 26, 2020
- Sold price
- $300,000
- Sold Oct 12, 2022
56,628 sqft lot00|541 MLS days on market
3351 R St, Merced, CA 95348
Property Description
Excellent development opportunity in North Merced and just a few minutes drive to Merced College and UC Merced. This 1.3 acre commercial lot is located caddy-corner from the Target Shopping Center parking lot and within walking distance to Merced Mall. Merced Mall is slated for an additional 90,000 square feet of retail, food and entertainment making it a major entertainment destination in the near future. This vacant lot measures roughly 275' X 205' and City water and sewer is available along "R" Street. Other utilities (cable, gas, etc.) should also be available from "R" Street. Beautiful tree lined setting and bordering Black Rascal Creek making this an ideal site for a professional office complex. This lot is also adjacent to a small retail strip center that includes 7-11, a laundry-mat, Pizza Villa and tons of multi-family complexes. This parcel designated PD#8 zoning, which allows for Commercial Office use but could also potentially be approved for a Multi-Family project. Buyer will need to contact the City of Merced to determine buildable square footage, ingress/egress requirements, etc.
Listing agent: Dan GallagherDRE #01819755dgallagher@gonellarealty.com, Listing office: CB Commercial, Gonella Realty
MLS data updated 10/24/2026, 9:42:19 PM PT
Source: CRMLSMLS #: MC20073162
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$300,000
Oct 12, 2022
Available records22020–2022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$300,000Closed sale · Oct 12, 2022ZIP 95348 · Oct 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsOct 12, 2022 – Oct 12, 2022
ZIP 95348 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.