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    Nwc Mercey Spg Rd. Hwy 165 & Overland Rd Los Banos, CA 93635

    For Sale
    $2,472,500

    Prime Highway Commercial Lot, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.73-acre commercial land parcel presents a compelling development opportunity in the thriving Los Banos, California market. Located at the northwest corner of Mercey Springs Road (Highway 165) and Overland Road in Merced County, this property boasts a highly desirable Highway Commercial (H-C) zoning designation. The asking price is $2,472,500, translating to $12 per square foot. The property's strategic location offers unparalleled visibility and accessibility, situated just south of a Dollar General store. This area is experiencing significant residential growth, creating a strong demand for retail and commercial services. The site's classification as an underserved retail trade area further underscores its potential for substantial returns. With its prime location, favorable zoning, and strong market dynamics, this property represents a rare opportunity for investors and developers seeking to capitalize on the burgeoning growth in Los Banos. The Assessor's Parcel Number (APN) is 082-072-027-000. This is a turnkey opportunity to establish a successful commercial venture in a rapidly expanding community. The property's size and zoning make it suitable for a variety of commercial uses. Don't miss this chance to secure a piece of Los Banos' vibrant future. The zip code is 93635.

    Property Features for 0 Nwc Mercey Spg Rd. Hwy 165 & Overland Rd

    General Information

    Property type
    Land
    Lot Size
    206,039 SF

    HighLights

    • Highway Commercial (H‑C) zoning.
    • Located near a residential growth area in Los Banos, CA.
    • Underserved retail trade area.
    • Asking price: $12.00 per square foot ($2,472,500 total).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Banos
    County
    Merced
    State
    California
    Longitude
    -120.8351896
    Latitude
    37.0668093

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    FAQs

    What type of property is this?
    Land - Prime Highway Commercial Lot, High Growth Area
    Where is this land located?
    The property is located at Nwc Mercey Spg Rd. Hwy 165 & Overland Rd Los Banos, CA.
    What is the asking price?
    The asking price for this property is $2,472,500.
    What are key features of this property?
    This property features: Highway Commercial (H-C) zoning.; Located near a residential growth area in Los Banos, CA.; Underserved retail trade area.
    (559) 256-2435
    Request Owner's contact information
    Nwc Mercey Spg Rd. Hwy 165 & Overland Rd Los Banos, CA 93635
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    Los Banos, CA 93635
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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
    Nwc Mercey Spg Rd. Hwy 165 & Overland Rd Los Banos, CA 93635
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