Property profile

1113 Olive Ave Merced, CA 95348

OFF-MARKET
Retail properties & Spaces
2,800 SF
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Property summary

AI-generated overview

This exceptional Class A retail opportunity presents a brand-new, single-tenant pad site totaling 2,800 square feet, ideally situated at the northwest corner of Olive and R Streets in Merced, California. The property boasts a highly desirable location at a major intersection, offering excellent visibility and accessibility for potential tenants. The building is zoned for commercial use within Merced County, providing flexibility for a variety of retail businesses. A key advantage is the availability of a drive-thru option, a highly sought-after feature for many retail concepts, enhancing operational efficiency and customer convenience. The entire 2,800 square feet is currently vacant, presenting a blank canvas for a prospective tenant to customize the space to their specific needs and brand identity. This is a rare chance to establish a presence in a thriving Merced County market within a newly constructed building, benefiting from modern construction and design. The property's strategic location at a busy intersection ensures high traffic volume and significant exposure to potential customers. This presents a compelling investment opportunity for businesses seeking a prime location with excellent visibility and the added benefit of a drive-thru option. The property is ready for immediate occupancy. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,800 SF

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
  • Clothing Store Department Store
  • Postal Service Courier Service

Location

1113 Olive Ave Merced, CA 95348
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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