0 Gateway Dr Merced, CA 95340
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.