Marketplace Gateway Cir Merced, CA 95340
- Retail properties
- 70.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for Marketplace Gateway Cir
- Lot size
- 70.00 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 70-acre commercial land parcel presents a unique investment opportunity in Merced, California's rapidly growing Central Valley. Situated at the Highway 99/Campus Parkway interchange, this property benefits from its strategic location within the ±170-acre Merced Gateway mixed-use master plan, a ±177-acre planned development. The site is bisected by the newly constructed Campus Parkway, a four-lane expressway providing direct access to UC Merced from Highway 99. An on- and off-ramp to Highway 99 is conveniently located approximately 500 feet west, ensuring quick regional access. This prime location is poised to capitalize on the significant population growth projected for the San Joaquin Valley, with approximately 12,200 planned and new residential units in close proximity, creating a strong trade area with extremely underserved retail needs. The development also includes plans for approximately 1200 apartment units, further enhancing the potential for retail success. This is an unparalleled chance to establish a thriving commercial presence within a dynamic and expanding community. The property's size and location make it ideal for a variety of retail uses, catering to the needs of a growing residential population and the university community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.463
- Latitude
- 37.3306
