Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2355 Franklin Rd Merced, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3.87 acres of highway commercial land available for lease.

    Type:RETAIL
    Property size:
    2,800 SF
    Lot size:
    3.76 Acres
    Added:
    Jul 31, 2025
    Days on Market:
    272
    Last Refresh:
    Apr 5 at 10:40 pm

    Property Features for 2355 Franklin Rd

    General Information

    Standard status
    Active
    Size
    2,800 SF
    Lot size
    3.76 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2355 Franklin Rd Contact us

    We can help!

    Listing Contact
    Joe Cumbelich

    Listing agent Joe Cumbelich

    Listing office John Cumbelich & Associates

    Listing date Jul 31, 2025

    Source Moodyscre

    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 John Cumbelich & Associates

    Overview

    Highway Commercial Land for Lease

    This 3.87-acre commercial land parcel is available for lease and features a flexible site plan design suitable for multiple uses. The property is zoned for highway commercial use and benefits from high traffic volume, with 101,000 vehicles per day on Highway 99, according to CalTrans data for northbound and southbound traffic. Situated at the Franklin Road on/off ramp, the location provides convenient access to both the Merced and Atwater markets. Its position adjacent to an on/off ramp for Highway 99 ensures easy access for drivers traveling south on Franklin and Sante Fe thoroughfares.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.542
    Latitude
    37.3222

    Nearby Similar for Lease

    • $5,000/Mo

      Flexible Warehouse Spaces Near Highway 99

      Two 6,000 SF warehouse spaces near Downtown Merced.
      1507 W 18th St, Merced, CA 95340
      View Details
    • $24 SF/Yr

      Merced Retail Space Near Mall

      Flexible retail space near Merced Mall and universities.
      900 Loughborough, Merced, CA 95348
      View Details
    • $3,000/Mo

      Merced Retail Space For Rent

      Retail space available for rent in Merced, California.
      855 W 15th Street, Merced, CA 95340
      View Details
    • $5,000/Mo

      Flexible Warehouse Space Near Highway

      6,000 SF warehouse on 1.2-acre lot near Highway 99.
      1507 W 18th Street, Merced, CA 95340
      View Details
    • Contact for pricing

      Professional Office Space in Merced

      Versatile office suites in established El Portal Professional Plaza.
      3305 G, Merced, CA 95340
      View Details
    • $5,000/Mo

      Merced Commercial Space For Rent

      Commercial space available for rent in Merced, California.
      1505 W 18th Street, Merced, CA 95340
      View Details
    • Contact for pricing

      Merced Office Suite For Lease

      Two-story office building with suite available for lease.
      1022 West 18th St, Merced, CA 95340
      View Details
    • $1.00 SF/Yr

      Retail Space Near Merced Mall

      Retail space available adjacent to Merced Mall with access.
      645 Fairfield Drive, Merced, CA 95348
      View Details
    • Contact for pricing

      Merced Office Space For Rent

      4,000 SF office space available for lease in Merced.
      855 W 15th St, Merced, CA 95340
      View Details
    • $1,500/Mo

      Turn-Key Patio Food Trailer Space

      Prime downtown Merced patio and food trailer space for sublease.
      560 W 18th Street #B, Merced, CA 95340
      View Details
    • Contact for pricing

      Fenced Commercial Property on Main

      0.66-acre fenced property with warehouse and storage sheds.
      1450 Main, Merced, CA 95340
      View Details
    • $2,188/Mo

      Partially Furnished Office Space Available

      Partially furnished office space with freeway visibility and quick access.
      1525 W 14th Street, Merced, CA 95340
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.87 acres of highway commercial land available for lease.
    Where is this commercial land located?
    The property is located at 2355 Franklin Rd Merced, CA.
    What are key features of this property?
    This property features: High traffic volume: 101,000 vehicles per day on Highway 99.; Highway commercial zoning.; Located at the Franklin Rd ON/OFF ramp for Highway 99.
    (510) 333-8078 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joe Cumbelich
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!