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    140 Macready Dr Merced, CA 95341

    For Sale
    $2,800,000

    20,000 SF Warehouse, 3 Units, Merced, CA

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 20,000-square-foot warehouse in Merced, California, presents a compelling investment opportunity. Built in 2005, this single-story, concrete tilt-up structure sits on a 2.81-acre lot within the Merced Airport Industrial Park, conveniently adjacent to the airport terminal. The property features attractive landscaping and ample paved parking (30 spaces) on both the east and west sides. The building is divided into three equal-sized bays (approximately 6,667 square feet each), each equipped with two 12' x 14' roll-up doors and separate man doors on both the east and west sides. The northernmost bay includes ADA-compliant restrooms and a small office. A unisex ADA-compliant restroom is located in the middle bay, which is currently leased until October 31, 2024. The warehouse boasts a high 30-foot ceiling clearance and a fully installed sprinkler system. The asking price is $2,800,000, translating to $140 per square foot and $933,333.33 per unit. The property is zoned for light industrial use (IL) and is offered as an owner-user opportunity. The seller may consider lease options at $0.80 per square foot. This property offers a unique blend of functionality, location, and modern amenities, making it an ideal investment for a variety of industrial uses. The APN is 059-300-069.

    Property Features for 140 Macready Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    20,000 SF
    Lot Size
    122,404 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $2,800,000 asking price for this industrial warehouse property.
    • 20,000 square feet of net rentable space in a single‑story building.
    • Located in Merced, CA, at 140 Macready Dr, 95341, within the Merced Airport Industrial Park.
    • Features 30' ceiling height, three equal‑sized bays (6,666+ sq ft each), and two 12'x14' roll‑up doors per bay.
    • Built in 2005, sitting on a 2.81‑acre lot with paved parking for 30 vehicles.
    • Zoned IL‑Light Industrial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Absolutely Affordable Air ... Hvac Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.5140108
    Latitude
    37.2896812

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    FAQs

    What type of property is this?
    Distribution property - 20,000 SF Warehouse, 3 Units, Merced, CA
    Where is this distribution property located?
    The property is located at 140 Macready Dr Merced, CA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: $2,800,000 asking price for this industrial warehouse property.; 20,000 square feet of net rentable space in a single-story building.; Located in Merced, CA, at 140 Macready Dr, 95341, within the Merced Airport Industrial Park.
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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
    140 Macready Dr Merced, CA 95341
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