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    Fairfield Dr Merced, CA 95348

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    For Lease
    $21 SF/Yr

    Strategic retail location near Merced Mall with redevelopment potential.

    Property size:
    22,896 SF
    Lot size:
    2.00 Acres

    Property Features for Fairfield Dr

    General Information

    Standard status
    Active
    Size
    22,896 SF
    Lot size
    2.00 Acres

    Source: KELLER WILLIAMS PROPERTY TEAM Agent ERNESTO OCHOA

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

    Overview

    Retail Outparcel Near Merced Mall

    The property at 645 Fairfield Drive is a retail outparcel location strategically positioned near Merced Mall. The building, previously a United Artist movie theatre, offers approximately 22,896 square feet of interior space. The space can be divided into three separate units, each offering approximately 7,632 square feet. The owner is open to negotiating tenant improvements, and dividing the space into smaller units is a possibility. Approximately 200 parking spaces are dedicated to the site. Merced Mall has a planned major redevelopment project to create an open-air concept, including a new 56,000 square foot Cinemark Movie Theater. Additional plans include new retail, entertainment, and restaurants, along with an upgraded design for the entire mall. Current anchor tenants at Merced Mall include Target, Kohl's, and JC Penney, along with over 75 other retailers. The property is zoned Planned-Development (P-D), offering redevelopment opportunities. The location is approximately 1.5 miles from Merced Community College and 6 miles from UC Merced. The City of Merced is projected to experience significant population growth.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Paul's Florist & Flower Delivery, The Studio Shoppe

    Map

    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.480281
    Latitude
    37.321055

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    FAQs

    What type of property is this?
    Storefront property - Strategic retail location near Merced Mall with redevelopment potential.
    Where is this storefront property located?
    The property is located at Fairfield Dr Merced, CA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Strategic retail outparcel location adjacent to Merced Mall.; - Planned Open-Air concept major redevelopment of Merced Mall **including a new 56,000 sq ft Cinemark Movie Theater.**; - **22,896 +/- gross square feet of interior space divisible into three spaces of 7,632 +/- square feet each.**
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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
    Fairfield Dr Merced, CA 95348
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