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    149 16Th St Merced, CA 95340

    Sponsored
    For Sale
    $429,000

    High-visibility lot, prime Merced location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 149 W 16th Street in Merced, California, presents a unique investment opportunity. The 7,500 square foot lot boasts a 50x100 foot building, offering significant potential for various commercial uses. Its strategic location provides easy access to key city amenities, including the city building, county building, courthouse, and downtown Merced. The property's high visibility and proximity to Highway 99 and major shopping malls ensure excellent exposure and accessibility. Ample parking is available on-site, adding to its convenience. The surrounding area offers a vibrant mix of shopping, dining, and entertainment options, creating a desirable environment for businesses. The seller is motivated, making this an attractive proposition for buyers seeking a prime location in a growing city. This property is ideal for entrepreneurs and investors looking to capitalize on Merced's development and contribute to its continued growth. Don't miss this chance to secure a valuable piece of Merced real estate. The asking price is $429,000. Act quickly to explore this promising opportunity.

    Property Features for 149 16Th St

    General Information

    Property type
    Land

    HighLights

    • 7,500 SF lot with a 50x100 foot building in Merced, CA.
    • Prime location near city hall, county building, courthouse, and downtown Merced.
    • High visibility and easy access to Highway 99 and major shopping malls.
    • Ample on‑site parking.
    • Asking price: $429,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.4788246
    Latitude
    37.2987754

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    FAQs

    What type of property is this?
    Land - High-visibility lot, prime Merced location.
    Where is this land located?
    The property is located at 149 16Th St Merced, CA.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: 7,500 SF lot with a 50x100 foot building in Merced, CA.; Prime location near city hall, county building, courthouse, and downtown Merced.; High visibility and easy access to Highway 99 and major shopping malls.
    Request Owner's contact information
    149 16Th St 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
    149 16Th St Merced, CA 95340
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