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    Martin Luther King Jr Way Merced, CA 95341

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    For Sale
    $675,000

    High-traffic corner lot near Highway 99, ideal for development.

    Lot size:
    0.86 Acres

    Property Features for Martin Luther King Jr Way

    General Information

    Standard status
    Active
    Lot size
    0.86 Acres

    Source: BHGRE EVERYTHING REAL ESTATE Agent ERIK EKIZIAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Lot For Sale

    This commercial lot is located just off Highway 99, offering high visibility and accessibility. The corner location is positioned near the Highway 99 on-ramp and off-ramp, ensuring access for local and regional traffic. The lot is adjacent to a national gas station chain, generating vehicle and foot traffic. It is surrounded by restaurants and service-based businesses, drawing a customer base throughout the day. The property is minutes from the Merced County Fairgrounds, offering exposure and traffic during events. With access to State Highway 152 less than 20 miles away, this site offers connectivity for businesses looking to grow. The location is in close proximity to the future high-speed rail platform, making this a long-term investment. This commercial lot is suited for retail, restaurants, automotive services, or any high-visibility business model.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.485899
    Latitude
    37.290507

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    FAQs

    What type of property is this?
    Commercial land - High-traffic corner lot near Highway 99, ideal for development.
    Where is this commercial land located?
    The property is located at Martin Luther King Jr Way Merced, CA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - High-traffic corner location with unmatched visibility off Highway 99.; - Seamless access to Highway 99 on-ramp and off-ramp for local and regional traffic.; - Adjacent to a well-established national gas station chain, generating continuous traffic.
    Request Owner's contact information
    Martin Luther King Jr Way Merced, CA 95341
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    Merced, CA 95341
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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
    Martin Luther King Jr Way Merced, CA 95341
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