140 Macready Dr Merced, CA 95341
- Industrial properties
- 19,800 SF
- 2.81 lot acres
Current Use by Public Records
- Absolutely Affordable Air Conditioning and Heating, Inc. / Hvac Contractor
Property Details for 140 Macready Dr
- Year built
- 2008
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.81 lot acres
- Property size
- 19,800 SF
- Property type
- Industrial properties
- APN
- 059-300-069-000
- APU
- 59300069000
Description
This exceptional 20,000-square-foot warehouse in Merced, California, presents a compelling investment opportunity. Built in 2005, this single-story, concrete tilt-up structure sits on a 2.81-acre lot within the Merced Airport Industrial Park, conveniently adjacent to the airport terminal. The property features attractive landscaping and ample paved parking (30 spaces) on both the east and west sides. The building is divided into three equal-sized bays (approximately 6,667 square feet each), each equipped with two 12' x 14' roll-up doors and separate man doors on both the east and west sides. The northernmost bay includes ADA-compliant restrooms and a small office. A unisex ADA-compliant restroom is located in the middle bay, which is currently leased until October 31, 2024. The warehouse boasts a high 30-foot ceiling clearance and a fully installed sprinkler system. The asking price is $2,800,000, translating to $140 per square foot and $933,333.33 per unit. The property is zoned for light industrial use (IL) and is offered as an owner-user opportunity. The seller may consider lease options at $0.80 per square foot. This property offers a unique blend of functionality, location, and modern amenities, making it an ideal investment for a variety of industrial uses. The APN is 059-300-069.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.513
- Latitude
- 37.2904
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
