Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Gurr Rd Merced, CA 95341
    Back to Search
    Property profile & analytics

    Gurr Rd Merced, CA 95341

    View on Map
    • Land
    • 627.23 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Gurr Rd

    Lot size
    627.23 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Exceptional investment opportunity: 627.23 acres of prime agricultural land in Merced County, California (APN: 065-120-003 & 022). This property boasts 450± acres of six-year-old almond trees and 135± acres of open land, all situated on S Gurr Rd, Merced, CA 95341. The orchard benefits from a robust irrigation system, including dual line drip irrigation, supplied by the Merced Irrigation District. The property also features three pumps: one 200 HP, one 75 HP, and a 150 HP booster pump at the filter station. The sale includes a well-established water infrastructure. The buyer will be responsible for reimbursing the seller for cultural costs associated with the 2024 almond crop. It's important to note that the sale is contingent upon the buyer assuming the existing lease/crop share agreement for the almonds. The property is zoned A-1 General Agricultural and is located within the Williamson Act. This presents a unique opportunity to acquire a substantial and productive agricultural holding in a desirable location. The young almond orchard and expansive open land offer significant potential for growth and diversification. This property is priced at $21,800,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.561
    Latitude
    37.2059

    Comparable in this City

    • Value Estimation by Request
      108.37 Acres

      4320 Sandy Mush Rd

      Farms • 108.37 Acres
      4320 Sandy Mush Rd, Merced, CA 95341
      View Details
    • Value Estimation by Request
      6.98 Acres

      1035 Gerard Ave

      Farms • 6.98 Acres
      1035 Gerard Ave, Merced, CA 95341
      View Details
    • Value Estimation by Request
      161.52 Acres

      2246 Mission Ave

      Farms • 161.52 Acres
      2246 Mission Ave, Merced, CA 95341
      View Details
    • Value Estimation by Request
      17.99 Acres

      1081 Gerard Ave

      Farms • 17.99 Acres
      1081 Gerard Ave, Merced, CA 95341
      View Details
    • Value Estimation by Request
      47.70 Acres

      Lake Rd

      Farms • 47.70 Acres
      0 Lake Rd, Merced, CA 95341
      View Details
    • Value Estimation by Request

      1557 Gerard Ave

      Farms
      1557 Gerard Ave, Merced, CA 95341
      View Details

    Similar Nearby for Sale

    • $747,750

      9.97 Acre Almond Ranch

      Almond ranch with industrial development potential in Merced, CA.
      1192 E Gerard Ave, Merced, CA 95341
      View Details
    • Contact for pricing

      Almond Ranch with Industrial Potential

      9.97 acre almond ranch with industrial development potential.
      1192 E Gerard Ave, Merced, CA 95341
      View Details
    • Contact for pricing

      Merced Walnut Ranch with Potential

      18-acre walnut ranch with industrial development potential in Merced.
      1081 E Gerard Ave, Merced, CA 95341
      View Details
    • Contact for pricing

      Agricultural Land Near Highway 99

      Two parcels totaling approximately 230 acres near Highway 99.
      4235 E Gerard Ave, Merced, CA 95341
      View Details
    • $1,350,000

      Merced Walnut Ranch with Development Potential

      18-acre walnut ranch zoned for heavy industrial use.
      1081 E Gerard Ave, Merced, CA 95341
      View Details
    • $25,000,000

      173 Acres Development Land Merced

      Prime development land near UC Merced and Highway 99.
      1515 Mission Ave E, Merced, CA 95341
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Lease or Build

      Commercial land available for ground lease or build-to-suit.
      Southeast Quadrant Hwy 99 & Campus Pkwy, Merced, CA 95341
      View Details
    • Contact for pricing

      Prime Land with Highway Visibility

      1.1 acre lot with highway access, ideal for fast food.
      720 Motel Dr, Merced, CA 95341
      View Details
    • Contact for pricing
      1,590 SF

      Retail Space in Merced, CA

      Retail space available for lease in Merced, California.
      782 Carol Ave, Merced, CA 95341
      View Details
    • Contact for pricing

      Functional Office Space Available

      Well-appointed commercial office space with a functional, professional layout.
      838 W 19Th St, Merced, CA 95341
      View Details
    • Contact for pricing

      Freestanding Building Along Highway 99

      Highly visible commercial building with high-volume food service infrastructure.
      2000 E Childs Ave, Merced, CA 95341
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Gurr Rd
    Merced, CA 95341
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Gurr Rd, Merced, CA, 95341
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!