Medical/Professional Office Near Mercy
For Sale
$575,000
410 E Yosemite Avenue #B, Merced, CA 95340
Well-maintained 1,900 sq ft office space near Mercy Medical Center.
Property Size1,974 SF
Price / SF$291.29
Days on Market503
Property Features for 410 E Yosemite Avenue #B
General Information
Standard status
Active
Size
1,974 SF
Listing Agency:
LONDON PROPERTIES LTD - MERCED
Listed By:
MARY CAMPER
Source:
Corcoran
Added: May 30, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 LONDON PROPERTIES LTD - MERCED
Investment Insights
Based on property information with market context.
This approximately 1,900 sq ft space is an excellent opportunity to own a well-maintained medical or professional office. The functional layout is ideal for healthcare or office use. It features 5 exam rooms and 2 bathrooms. A spacious reception area filled with natural light welcomes clients or patients. The front yard is nicely landscaped, adding professional curb appeal. Inside, there is a dedicated breakroom with an employee bathroom, a sterilization room, a cleaning/storage room, and convenient attic storage for additional space. A temperature-controlled IT room offers secure, lockable storage for sensitive equipment or files. The property is located in desirable north Merced near Mercy Medical Center, Merced College, and a variety of restaurants, offering excellent accessibility. This move-in ready space is tailored for efficiency and comfort.
Key Highlights
- Prime location near Mercy Medical Center and Merced College.
- Move‑in ready, well‑maintained 1,900 sq ft medical/professional office space.
- Functional layout with 5 exam rooms and 2 bathrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,486
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,720
$609.7K
Cap Rate 7%
$435,514
$435.5K
Cap Rate 9%
$338,733
$338.7K
Market Conditions
NOI Build-Up for 1,974 SF
Gross rent
$59.2K $30.00/SF
− Vacancy
−$8.4K −$4.26/SF
EGI
$50.8K $25.74/SF
− OpEx
−$20.3K −$10.30/SF
NOI
$30.5K $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%
$609,720
Cap Rate 7%
$435,514
Cap Rate 9%
$338,733
Alternative Uses
Best Use
Healthcare Medical
$435.5K
$381.1K – $508.1K
NOI $30,486 @ 7.0% cap · market cap 5.30%
Second Best
Office B
$53.1K
$46.4K – $61.9K
NOI $3,714 @ 7.0% cap · market cap 0.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95340, CA
38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained 1,900 sq ft office space near Mercy Medical Center.
Where is this medical office space located?
The property is located at 410 E Yosemite Avenue #B Merced, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime location near Mercy Medical Center and Merced College.; Move‑in ready, well‑maintained 1,900 sq ft medical/professional office space.; Functional layout with **5 exam rooms and 2 bathrooms.**
