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    1075 Martin Luther King Jr Way Merced, CA 95341

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    For Sale
    $899,000

    High-traffic corner lot near Highway 99, ideal for development.

    Property Features for 1075 Martin Luther King Jr Way

    General Information

    Standard status
    Active

    Source: BHGRE EVERYTHING REAL ESTATE Agent ERIK EKIZIAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Lot Opportunity

    This commercial lot, located just off Highway 99, presents a development opportunity. The corner location offers visibility and accessibility, suitable for various commercial ventures. Situated near the Highway 99 on-ramp and off-ramp, the site provides access for local and regional traffic. Adjacent to a national gas station chain, it benefits from continuous vehicle and foot traffic. The surrounding area includes restaurants and service-based businesses, attracting a customer base throughout the day. The property is located minutes from the Merced County Fairgrounds, offering exposure and traffic during events. With direct access to State Highway 152 less than 20 miles away, the site offers connectivity for businesses. Its proximity to the future high-speed rail platform suggests long-term investment potential. This commercial lot is suited for retail, restaurants, automotive services, or high-visibility business models.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.4846761
    Latitude
    37.2939688

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    FAQs

    What type of property is this?
    Commercial land - High-traffic corner lot near Highway 99, ideal for development.
    Where is this commercial land located?
    The property is located at 1075 Martin Luther King Jr Way Merced, CA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - High-traffic corner location with unmatched visibility off Highway 99.; - Proximity to future high-speed rail platform offers significant long-term growth potential.; - Adjacent to a national gas station chain, ensuring continuous vehicle and foot traffic.
    Request Owner's contact information
    1075 Martin Luther King Jr Way Merced, CA 95341
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    Merced, CA 95341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1075 Martin Luther King Jr Way Merced, CA 95341
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