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OFF-MARKET
Lifestyle centers

Marketplace Gateway Pl Merced, CA 95340

Property ID
Property summary
AI-generated overview

This exceptional 70-acre commercial property, known as Gateway Marketplace, presents a unique investment opportunity in Merced, CA. Located in Merced County, this mixed-use development boasts a prime location with convenient access to Highway 99 via a nearby on- and off-ramp, situated approximately 500 feet west of the site. The property is strategically positioned along the newly constructed Campus Parkway, a four-lane expressway connecting north and south Merced, ensuring high visibility and accessibility. The site plan includes approximately 8.4 acres designated for high-density residential development and 68.6 acres for regional commercial uses. Currently, eight commercial spaces are available within this expansive development, offering flexibility for various retail and commercial ventures. The property's significant size and strategic location within Merced, a city experiencing substantial population growth as part of California's Central Valley expansion, make it an ideal investment for long-term growth and profitability. The thriving Merced community, while anticipating significant population increases, aims to maintain its small-town charm. This development is poised to be a key component of that growth.

Property profile
Verified
Property type Lifestyle centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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