Commercial Flex Building with Highway Ramp
For Sale
Contact for pricing
1300 G St, Merced, CA 95341
Flex building on 7,165 SF lot near the Merced Fairgrounds with convenient access to Highway 99 ramps.
Property Size7,165 SF
Price / SF$125.61
Days on Market1181
Property Features for 1300 G St
General Information
Standard status
Active
Size
7,165 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Listing Agency:
Retail California Commercial Real Estate
(559) 256-1700
Listed By:
Shane Sousa · License #02152527
(559) 447-6221
Source:
Moodyscre
Added: Aug 14, 2023
Changed: Nov 1
Last Checked: Nov 4 at 3:23PM
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 Retail California Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Commercial flex building and associated land is offered for lease or sale and is located at 1300 G Street in Merced, CA, close to the Merced Fairgrounds.
The property sits adjacent to the Highway 99 ramps, providing direct convenience for visitors and customers navigating the area. Its location near the fairgrounds can support traffic from planned events.
The building and land total 7,165 square feet, offering a compact flex format suitable for a variety of commercial uses that benefit from straightforward highway access.
The property sits adjacent to the Highway 99 ramps, providing direct convenience for visitors and customers navigating the area. Its location near the fairgrounds can support traffic from planned events.
The building and land total 7,165 square feet, offering a compact flex format suitable for a variety of commercial uses that benefit from straightforward highway access.
Key Highlights
- 7,165 SF commercial flex building and land
- Adjacent to Highway 99 ramps
- Located at 1300 G St in Merced, CA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,557
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,140
$931.1K
Cap Rate 7%
$665,100
$665.1K
Cap Rate 9%
$517,300
$517.3K
Market Conditions
NOI Build-Up for 7,165 SF
Gross rent
$71.4K $9.96/SF
− Vacancy
−$4.9K −$0.68/SF
EGI
$66.5K $9.28/SF
− OpEx
−$20.0K −$2.78/SF
NOI
$46.6K $6.50/SF
Area
Merced County, CA
Vacancy
6.80%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,140
Cap Rate 7%
$665,100
Cap Rate 9%
$517,300
Alternative Uses
Best Use
Flex RnD
$1.22M
$1.06M – $1.42M
NOI $85,127 @ 7.0% cap · market cap 9.46%
Second Best
Industrial
$665.1K
$582.0K – $776.0K
NOI $46,557 @ 7.0% cap · market cap 5.17%
Theoretical Best
Healthcare Medical
$1.58M
$1.38M – $1.84M
NOI $110,656 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95341, CA
33,194
Population
9,331
Households
3.6
Avg Household Size
29
Median Age
8%
College-Educated
63%
High-School Grad
146.8 sq mi
ZIP Area
226
Density / Sq Mi
$55,516
Median Household Income
$32,184
Median Earnings
$1,172
Median Rent
$295,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Flex building on 7,165 SF lot near the Merced Fairgrounds with convenient access to Highway 99 ramps.
Where is this flex space located?
The property is located at 1300 G St Merced, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 7,165 SF commercial flex building and land; Adjacent to Highway 99 ramps; Located at 1300 G St in Merced, CA
