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    375 16Th St Merced, CA 95340

    For Lease
    $4 SF/Yr

    Prime .659-acre commercial land, ideal for development.

    Lot size:
    52,272 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional .659-acre commercial land parcel presents a remarkable ground lease opportunity in the vibrant heart of downtown Merced. Strategically located along a major thoroughfare, this vacant lot enjoys high visibility and accessibility, boasting three designated ingress/egress points—two on 16th Street and one on K Street—plus alley access for versatile design options. Its proximity to Highway 99 and the planned high-speed rail depot positions it perfectly for businesses seeking maximum exposure and convenient transportation links. The property's size and location make it suitable for a wide range of commercial developments, including drive-through establishments and many other uses. The site is identified by APN numbers 031152020000, 31152021000, 031152015000, and 031152014000 within Merced County. Prospective tenants are encouraged to conduct thorough due diligence with the City of Merced to explore all potential development possibilities. This is a rare chance to secure a prominent location in a rapidly growing area. Don't miss this chance to establish your business in a high-traffic, high-visibility area. The property is offered as a single-tenant ground lease.

    Property Features for 375 16Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,272 SF

    Unit(s) available at that property

    Space
    Size
    52,272 SF
    Rate per SF
    $4

    HighLights

    • 0.659‑acre commercial land parcel in Merced County.
    • Single‑tenant ground lease opportunity.
    • Located in downtown Merced on a busy thoroughfare, three blocks from Highway 99 and the proposed high‑speed rail station.
    • Three designated ingress/egress points (two on 16th St., one on K St., plus alley access).
    • Buyer to verify all development possibilities with the City of Merced.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.4819122
    Latitude
    37.2999542

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    FAQs

    What type of property is this?
    Land - Prime .659-acre commercial land, ideal for development.
    Where is this land located?
    The property is located at 375 16Th St Merced, CA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 0.659-acre commercial land parcel in Merced County.; Single-tenant ground lease opportunity.; Located in downtown Merced on a busy thoroughfare, three blocks from Highway 99 and the proposed high-speed rail station.
    Request Owner's contact information
    375 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
    375 16Th St Merced, CA 95340
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