Medical Office Suite with Patient
For Sale
$877,500
3351 M #205, Merced, CA 95348
The clinical layout separates patient areas, staff workspaces, reception, and procedure rooms.
Property Size3,510 SF
Price / SF$250
Days on Market99
Property Features for 3351 M #205
General Information
Standard status
Active
Size
3,510 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Office Units
1
Currently Operating
Yes
Property Use
Medical Office
Medical Specialty
hearing aid
Building Details
Building Size
3,510 SF
Stories
2
Listing Agency:
CB Commercial, Select Real Estate
Listed By:
Loren Gonella · License #00575211
(209) 761-3087
Source:
Landcorerealty
Added: Jul 21
Changed: Oct 26
Last Checked: Oct 26 at 3:20PM
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 CB Commercial, Select Real Estate
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Investment Insights
Based on property information with market context.
This 3,510-square-foot medical office suite has a reception area and waiting room, five private offices, a dedicated doctor's office, three procedure rooms, and six patient rooms. Staff areas include a nurse station, a separate private nurse office, and a breakroom. Restrooms and storage are also part of the space. The layout currently accommodates a hearing aid practice and includes additional office space.
The property is at 3351 M #205 in Merced, on a high-traffic arterial street. Parking is available on site.
The property is at 3351 M #205 in Merced, on a high-traffic arterial street. Parking is available on site.
Key Highlights
- 3,510‑square‑foot medical office suite
- Five private offices, a doctor's office, three procedure rooms, and six patient rooms
- Nurse station and separate private nurse office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,208
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,160
$1.1M
Cap Rate 7%
$774,400
$774.4K
Cap Rate 9%
$602,311
$602.3K
Market Conditions
NOI Build-Up for 3,510 SF
Gross rent
$105.3K $30.00/SF
− Vacancy
−$15.0K −$4.26/SF
EGI
$90.3K $25.74/SF
− OpEx
−$36.1K −$10.30/SF
NOI
$54.2K $15.44/SF
Area
Merced County, CA
Vacancy
14.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,160
Cap Rate 7%
$774,400
Cap Rate 9%
$602,311
Alternative Uses
Best Use
Healthcare Medical
$774.4K
$677.6K – $903.5K
NOI $54,208 @ 7.0% cap · market cap 6.18%
Second Best
Office B
$94.3K
$82.6K – $110.1K
NOI $6,604 @ 7.0% cap · market cap 0.75%
Theoretical Best
—
—
same as Best Use
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
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95348, CA
35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
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- Merced Veterinary Clinic: Smith Alicia DVM — 3200 G St, Merced, CA 95340
- Merced Veterinary Clinic: Chiffelle Carol DVM — 3200 G St, Merced, CA 95340
- Merced Veterinary Clinic: Ekblom Nicole DVM — 3200 G St, Merced, CA 95340
- Ordahl Rick DVM — 3200 G St, Merced, CA 95340
Frequently Asked Questions
What type of property is this?
Medical Office Space - The clinical layout separates patient areas, staff workspaces, reception, and procedure rooms.
Where is this medical office space located?
The property is located at 3351 M #205 Merced, CA.
What is the asking price?
The asking price for this property is $877,500.
What are key features of this property?
This property features: 3,510‑square‑foot medical office suite; Five private offices, a doctor's office, three procedure rooms, and six patient rooms; Nurse station and separate private nurse office
