The current zoning of the parcels offers flexibility in terms of potential development. The site was previously entitled for a 220 unit multifamily community, which the City of Merced remains open to approval. Owner is flexible regarding both parcels and is willing to consider splitting them. Newly opened ARCO AM/PM gas station and convenience store along with Starbucks is a short stroll from the site along with new future retail facilities. Site location is within a growing residential neighborhood, offering close proximity to retail services, employment, local schools and a regional medical center. The University of California, Merced continues to expand, with an estimated Fall 2025 enrollment of approximately 9,700 students. CatTracks, a dedicated commuter bus service for the university, has a stop within walking distance of the site. The owner conceptualized building a 220 unit apartment community on the +11.98 Acre site. Seller flexibility on subdivision of parcels into smaller development lot. UC Merced CatTracks has a stop a few steps away on Yosemite Avenue. CatTracks is a free bus transportation service for all UC Merced students, faculty and staff that takes them to and from campus. Excellent location within a Residential neighborhood surrounded by SFRs and newer multifamily development.