Property profile

0 Gateway Dr Merced, CA 95340

OFF-MARKET
Retail properties & Spaces
1.08 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.08 ac (47,045 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gateway Dr Merced, CA 95340
Merced metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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