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    1720 W Olive Ave Merced, CA 95348

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    For Lease
    $5,123,560

    Freestanding 21,710 SF building in Merced Marketplace Shopping Center.

    Property size:
    21,710 SF
    Lot size:
    2.25 Acres

    Property Features for 1720 W Olive Ave

    General Information

    Size
    21,710 SF
    Lot size
    2.25 Acres

    Source: Retail California Commercial Real Estate Agent Nick Frechou

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

    Overview

    Merced Retail Space For Rent

    Located at the signalized intersection of Olive and Austin avenues in Merced, CA, 1720 W. Olive Avenue is a 21,710± SF freestanding building within Merced Marketplace Shopping Center. The property is positioned at the southwest corner of the intersection, near the main east entrance to the center. Olive Avenue, Merced’s primary east-west retail corridor, experiences high traffic volume. National retailers in the center include Lowe’s, Big 5 Sporting Goods, Ashley Homestore, Dollar Tree, Work World, and Great Clips. Restaurants in the center include Applebee’s, Round Table Pizza, Del Taco, Panda Express, and Jamba. Nearby retailers are Walmart, Hobby Lobby, Petsmart, Best Buy, Ross, FoodMaxx, Food4Less, and Save Mart. The center benefits from prime Olive Avenue exposure and is located in close proximity to State Highways 99 and 59.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    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.

    Similar Places Nearby

    Marketplace at Merced, MERCED MARKETPLACE, Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.497193
    Latitude
    37.318683

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    FAQs

    What type of property is this?
    Shopping center - Freestanding 21,710 SF building in Merced Marketplace Shopping Center.
    Where is this shopping center located?
    The property is located at 1720 W Olive Ave Merced, CA.
    What are key features of this property?
    This property features: - Prime location at the signalized intersection of Olive and Austin avenues, a high-traffic retail corridor.; - Located within Merced Marketplace Shopping Center, offering excellent exposure.; - Proximity to major national retailers such as Lowe’s, Big 5 Sporting Goods, and Ashley Homestore.
    (559) 447-6266
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    1720 W Olive Ave Merced, CA 95348
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    Merced, CA 95348
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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
    1720 W Olive Ave Merced, CA 95348
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