Gateway Dr Merced, CA 95340
- Retail properties
- 1.08 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Gateway Dr
- Lot size
- 1.08 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 70-acre parcel presents a unique investment opportunity in Merced, California's thriving Central Valley. The property, known as Gateway Marketplace, offers 1.08 acres zoned for retail use with a single-tenant configuration. Strategically located on Gateway Drive, Merced, CA 95340, this site benefits from its proximity to the newly constructed Campus Parkway, a four-lane expressway providing excellent north-south connectivity within Merced. The location also boasts convenient access to Highway 99 via an on- and off-ramp approximately 500 feet west of the property, ensuring easy regional accessibility. Merced County is experiencing significant population growth, projected to be part of a substantial increase in California's population by 2030. This growth, coupled with the Gateway Marketplace's prime location and access to major transportation arteries, makes this a compelling opportunity for developers and investors seeking exposure to a rapidly expanding market. The larger Gateway project encompasses approximately 8.4 acres of high-density residential and 68.6 acres of regional commercial uses, further enhancing the area's appeal and potential for future development. This 1.08-acre parcel is a ground lease opportunity.
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
