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    2958 G St Merced, CA 95340

    For Lease
    Contact for pricing

    ±2.4-acre commercial site, prime location.

    Lot size:
    104,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional ±2.4-acre commercial property presents a unique opportunity for ground lease or build-to-suit development in North Merced, California. Strategically located on G Street, this site boasts significant frontage and multiple access points via Craig Drive and G Street, maximizing redevelopment potential. The property sits at a high-traffic intersection (G Street and Craig Drive), with a combined daily vehicle count of 28,154. Its prime location is directly across from Bear Creek Village Shopping Center, placing it within a thriving commercial corridor and surrounded by affluent residential communities. The area demographics are strong, with an average household income exceeding $78,097 and a population of over 89,270 within a 3-mile radius. Nearby businesses include Mister Car Wash, In-Shape City, Yum Yum Donuts, Armstrong Pet World, Los Panchos, Village Liquor, and F&M Bank, underscoring the area's commercial vitality. The property's proximity to the University of California Merced campus (less than 5.5 miles south) further enhances its appeal and potential for future growth. This is an ideal location for a variety of commercial developments, benefiting from high visibility, excellent access, and a strong surrounding demographic profile. The property is zoned C-O. The site is offered as a single-tenant property.

    Property Features for 2958 G St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,544 SF

    Unit(s) available at that property

    Space
    Size
    104,544 SF

    HighLights

    • High‑traffic corner location at G Street & Craig Drive in North Merced (28,154 VPD).
    • Less than 5.5 miles from UC Merced and adjacent to Bear Creek Village Shopping Center.
    • Large 2.4‑acre parcel with excellent street frontage, offering redevelopment potential.
    • Mixed‑use development opportunity for office, retail, and residential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency 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
    -120.46935467699
    Latitude
    37.313817730311

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    FAQs

    What type of property is this?
    Land - ±2.4-acre commercial site, prime location.
    Where is this land located?
    The property is located at 2958 G St Merced, CA.
    What are key features of this property?
    This property features: High-traffic corner location at G Street & Craig Drive in North Merced (28,154 VPD).; Less than 5.5 miles from UC Merced and adjacent to Bear Creek Village Shopping Center.; Large 2.4-acre parcel with excellent street frontage, offering redevelopment potential.
    Request Owner's contact information
    2958 G 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
    2958 G St Merced, CA 95340
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