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 Market1134
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: Sep 14
Last Checked: Sep 19 at 11:59AM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,557
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
