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    659 Fairfield Dr Merced, CA 95348

    Sponsored
    For Lease
    $11 SF/Yr

    Prime Retail Location, Multiple Spaces Available

    Lot size:
    27,794 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 659 Fairfield Drive in Merced, California, 95348. The property, part of the Marketplace at Merced, offers two available spaces totaling 3,267 to 24,527 square feet, ideal for a variety of retail uses. Situated within a thriving retail corridor, this location benefits from high visibility and significant foot traffic. The property enjoys a strategic position alongside established national retailers such as Big Lots! and Michaels, ensuring strong brand synergy and customer draw. The surrounding area boasts a diverse mix of prominent national tenants, including JCPenney, Sephora, Target, Starbucks, dd's Discounts, CVS Pharmacy, Five Below, and Kohl's, creating a robust and attractive retail environment. The Marketplace at Merced is currently undergoing a major redevelopment, further enhancing its appeal and long-term potential. This prime location presents a unique opportunity to establish or expand a retail business within a dynamic and growing market. The property's multiple space options provide flexibility for businesses of varying sizes and needs. This is an excellent chance to secure a prominent position in a high-traffic area with strong anchor tenants and a vibrant retail community. The property is conveniently located at 37.321661 latitude and -120.480273 longitude.

    Property Features for 659 Fairfield Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,794 SF

    Unit(s) available at that property

    Space
    Suite 665
    Size
    24,527 SF
    Rate per SF
    $11
    Space
    Suite 663
    Size
    3,267 SF
    Rate per SF
    $17

    HighLights

    • Big Lots and Michaels‑anchored center.
    • Adjacent to Merced Mall.
    • Ample parking available.
    • Excellent Hwy 99 access.
    • High‑visibility signage opportunity on the Merced Mall pylon at W. Olive Ave.
    • Rare opportunity; first time on market in over five years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -120.480273
    Latitude
    37.321661

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Multiple Spaces Available
    Where is this retail property located?
    The property is located at 659 Fairfield Dr Merced, CA.
    What is the lease rate?
    The lease rate is $11-$17 SF/Yr.
    What are key features of this property?
    This property features: Big Lots and Michaels-anchored center.; Adjacent to Merced Mall.; Ample parking available.
    Request Owner's contact information
    659 Fairfield Dr Merced, CA 95348
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    Merced, CA 95348
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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
    659 Fairfield Dr Merced, CA 95348
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