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Property profile & analytics

659 Fairfield Dr Merced, CA 95348

  • Commercial real estate
  • 25,727 SF
  • 2.40 lot acres
Value Estimation
$4,070,000
Last Sale
Jun 30, 2023
$3,801,000
Location Intelligence
Property ID
US09-2142352
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 659 Fairfield Dr

Year built
1977
Construction
WOOD
Lot size
2.40 lot acres
Property size
25,727 SF
Property type
Commercial real estate
APN
236-220-014-000
APU
236220014000

Description

This exceptional retail opportunity is located at 659 Fairfield Drive in Merced, California, 95348. The property, part of the Marketplace at Merced, offers two available spaces totaling 3,267 to 24,527 square feet, ideal for a variety of retail uses. Situated within a thriving retail corridor, this location benefits from high visibility and significant foot traffic. The property enjoys a strategic position alongside established national retailers such as Big Lots! and Michaels, ensuring strong brand synergy and customer draw. The surrounding area boasts a diverse mix of prominent national tenants, including JCPenney, Sephora, Target, Starbucks, dd's Discounts, CVS Pharmacy, Five Below, and Kohl's, creating a robust and attractive retail environment. The Marketplace at Merced is currently undergoing a major redevelopment, further enhancing its appeal and long-term potential. This prime location presents a unique opportunity to establish or expand a retail business within a dynamic and growing market. The property's multiple space options provide flexibility for businesses of varying sizes and needs. This is an excellent chance to secure a prominent position in a high-traffic area with strong anchor tenants and a vibrant retail community. The property is conveniently located at 37.321661 latitude and -120.480273 longitude.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,395,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,925,000
    6.5%
    $3,820,000
    7%
    $4,070,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,190,000
    Geo Method
    $3,350,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,170,000
    Retail
    $4,090,000
    Mixed-Use
    $4,350,000
    Hospitality
    $4,085,000
    Educational
    $4,475,000
    Residential Income
    $3,505,000
    Energy
    $3,750,000
    Income-Based Land
    $4,480,000
    Food Service
    $3,720,000

Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.48
Latitude
37.3217
CBSA code
32900
CBSA name
MERCED, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,643
$1,530,000
$1,055,700
$2,585,700
-
$0.00
$0.00
$0.00
More about this property
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