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    402 Mercy Ave Merced, CA 95340

    For Sale
    $5,053,000

    Prime Merced location, development-ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use property in Merced, CA, offers a unique investment opportunity. Located at 402 Mercy Ave, 95340, this 71,810 sq ft lot boasts 30,000 sq ft of existing development, currently housing the Heart Association and G.V.H.C. The property is ideally situated near Mercy Hospital, Merced College, and UC Merced, benefiting from high visibility and convenient access. All necessary permits are approved, and infrastructure is complete, including utility loops, finished sidewalks, and a fully constructed parking lot. A 6-foot wall with landscaping enhances privacy and curb appeal. The asking price is $5,053,000, representing a land value of $4,843,286 per acre (APN: 231200002000). This development-ready site is perfect for medical offices, restaurants, or retail establishments, capitalizing on the thriving commercial growth in the area, including the recently completed Yosemite Crossing Plaza. While the current infrastructure supports immediate development, any significant modifications or expansion beyond the existing lot size may require updated traffic counts and permits. This high-traffic location presents an unparalleled chance to establish a successful business in a prime Merced County setting.

    Property Features for 402 Mercy Ave

    General Information

    Property type
    Medical offices

    HighLights

    • Exceptional mixed‑use investment opportunity in Merced, CA.
    • 71,810 sq ft lot with 30,000 sq ft of existing development (housing Heart Association & G.V.H.C.).
    • Prime location near Mercy Hospital, Merced College, and UC Merced, offering high visibility and accessibility.
    • Fully permitted and improved with utilities, sidewalks, and parking lot; 6‑foot landscaped wall.
    • Asking price: $5,053,000; land value: $4,843,286 per acre (APN: 231200002000).
    • Ideal for medical, retail, or restaurant uses; near Yosemite Crossing Plaza.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.465443
    Latitude
    37.338285

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    FAQs

    What type of property is this?
    Medical office - Prime Merced location, development-ready
    Where is this medical office located?
    The property is located at 402 Mercy Ave Merced, CA.
    What is the asking price?
    The asking price for this property is $5,053,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Merced, CA.; 71,810 sq ft lot with 30,000 sq ft of existing development (housing Heart Association & G.V.H.C.).; Prime location near Mercy Hospital, Merced College, and UC Merced, offering high visibility and accessibility.
    Request Owner's contact information
    402 Mercy Ave Merced, CA 95340
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    Merced, CA 95340
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    Realmo Value Estimation

    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.

    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.

    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
    402 Mercy Ave Merced, CA 95340
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