3946 Ca-140 Merced, CA 95340
This exceptional 40,362 square foot commercial lot is ideally located on Highway 140, the main route to Yosemite National Park, ensuring high visibility and traffic. Its strategic position offers easy access to the UC Merced Campus Expressway, the Gateway Marketplace shopping center, and is adjacent to a gas station and convenience store. The property's C-2 zoning allows for a variety of commercial uses, making it suitable for businesses catering to the agricultural sector or those benefiting from high tourist traffic. Previously utilized as a bar and wine tavern, the lot also includes a single-family residence and boasts a recently installed cyclone fence. Nearby businesses include the Merced University Industrial Park, Wellmade Products (established 1958), and the Vista Ranch event center. The property is offered fee simple, with an asking price of $445,000. The APN is 061121037000. This presents a unique opportunity for investors seeking a high-traffic location with significant development potential in a thriving area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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