Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land on Highway 152 Title is generated by Realmo AI

    1155 E Pacheco Boulevard, Los Banos, CA 93635

    View on Map
    Claim this Listing
    For Sale
    $790,000

    Commercial land located on the corner of 11th Street.

    Added:
    Mar 16, 2026
    Days on Market:
    79
    Last Refresh:
    Mar 16 at 8:27 am

    Property Features for 1155 E Pacheco Boulevard

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Jarrett A. Sagouspe

    Listing agent Jarrett A. Sagouspe License #01731872

    Listing office

    Listing date Mar 16, 2026

    Source Evrealestate

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

    All listing content including descriptions, pricing, images are the copyrighted material of Jarrett A. Sagouspe

    HighLights

    • Located on the corner of 11th Street and Highway 152.
    • Central Air cooling system.
    • Baseboard, Central, and Radiant heating systems.
    • On Street parking.
    • Private parking.
    • Located in Merced County.

    Overview

    This commercial land is located on the southeast corner of 11th Street, heading east on Highway 152 in Los Banos, CA. The property is located in Merced County.
    Location Intelligence

    Current Use by Public Records

    Rita Erickson, Century ... Real Estate Agency Maria Pina Realtor ... Real Estate Agency Geneva Brett Realtor Real Estate Agency Jeanette King, Century ... Real Estate Agency Desiree Soliz, Century ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Banos
    County
    Merced
    State
    California
    Longitude
    -120.8401754
    Latitude
    37.0564408

    Nearby Similar for Sale

    • $779,000

      Los Banos Agricultural Property

      5.7-acre agricultural property with outbuildings and a mobile home.
      23429 Highway 152, LosBanos, CA 93635
      View Details
    • $4,250,000
      32,500 SF

      Los Banos Retail Opportunity

      3.85 acre retail property in Los Banos, California.
      1 HWY152/Pacheco Boulevard, Los Banos, CA 93635
      View Details
    • $2,439,000
      4,200 SF

      Los Banos Office Building

      Office building for sale in Los Banos, California.
      1153 W Pacheco Blvd, Los Banos, CA
      View Details
    • $500,000

      Updated Multi-Unit Property For Sale

      Two updated homes on one lot, ideal for investors.
      212 F St, Los Banos, CA 93635
      View Details
    • $4,750,000
      33,090 SF

      Los Banos Highway Commercial Space

      Highway commercial space on 3.85 acres with high traffic count.
      1106 I St, Los Banos, CA, 93635-4316
      View Details
    • $2,468,150
      8,320 SF

      Retail Property on Highway 152

      Retail property with high visibility and long-term tenant.
      2120 E Pacheco Blvd, Los Banos, CA
      View Details
    • $85,000

      Turn-Key Mobile Home in Park

      Move-in ready 2/2 mobile home in Los Banos, CA.
      436 N Mercey Springs Rd 69, Los Banos, CA 93635
      View Details
    • $850,000
      2,841 SF

      Income Property on Highway

      Income-producing rental units with highway access and visibility.
      1725 E Pacheco Blvd, Los Banos, CA 93635
      View Details
    • $1,450,000
      6,887 SF

      Mixed-Use Investment Opportunity

      Mixed-use property with residential income and restaurant space.
      1711 E Pacheco Blvd, Los Banos, CA 93635
      View Details
    • $749,000

      5.7 Acre Agricultural Property

      5.7 acre agricultural property with barns and mobile home.
      23429 Highway 152, Los Banos, CA 93635
      View Details
    • $470,000

      Los Banos Industrial Development Site

      Prime industrial and commercial zoned land for sale in Los Banos.
      5 Ward Rd, Los Banos, CA, 93635
      View Details
    • $2,085,000

      Land on Johnson Road

      Land available for sale on Johnson Road, Los Banos.
      14368 S Johnson Road, Los Banos, CA 93635
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land located on the corner of 11th Street.
    Where is this commercial land located?
    The property is located at 1155 E Pacheco Boulevard Los Banos, CA.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: Located on the corner of 11th Street and Highway 152.; Central Air cooling system.; Baseboard, Central, and Radiant heating systems.
    (209) 769-7562
    We can help!
    Listing Contact
    Jarrett A. Sagouspe
    Real Estate License ID: 01731872
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1155 E Pacheco Boulevard, Los Banos, CA 93635
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!