Property profile

1450 Mercey Springs Rd Los Banos, CA 93635

OFF-MARKET
Neighborhood centers
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Property summary

AI-generated overview

This exceptional retail opportunity is situated within the newly developed Save Mart Shopping Center, located at the high-traffic southeast corner of State Highway 152 and Highway 165 (Mercey Springs Road) in Los Banos, California. The property is a strip center offering a single available space totaling 2,000 square feet. This space presents a unique chance to establish a business in a vibrant and growing area. The location benefits from excellent visibility and accessibility due to its prominent corner location on two major roadways. The Save Mart Shopping Center provides a strong anchor tenant, drawing significant foot traffic and enhancing the overall appeal of the center. The address is 1450 S. Mercey Springs Rd, Los Banos, CA 93635, within Merced County. While the total building square footage is not currently specified, the available space of 2,000 square feet represents a significant portion of the currently vacant 2,820 square feet. This presents an ideal opportunity for a business seeking a well-located, readily available space in a thriving retail environment. The property's location offers easy access for customers and employees alike. This space is perfect for a variety of retail uses and represents a strong investment opportunity in a growing market.

Property profile

Verified
Property type Neighborhood centers

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Grocery & Convenience Store Specialty Food Shop
  • Nail Salon
  • Restaurant
  • Restaurant

Location

1450 Mercey Springs Rd Los Banos, CA 93635
Los Banos 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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