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    OFF-MARKET
    Retail properties & Spaces

    1113 Olive Ave, Merced, CA 95348

    2,800 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ross Dress for Less Clothing Store Department Store
    • Amazon Hub Locker - Pitahaya Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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