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Property profile & analytics
FOR SALE
Commercial land
1075 Martin Luther King Jr Way Merced, CA 95341
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4464480
For Sale
$899,000
1075 Martin Luther King Jr Way, Merced, CA 95341
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.86 ac (37,622 SF)
APN
032-072-011-000
UPID
US09-4464480
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T & E Property Group LLC · 2 yrs held
T & E Property Group LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Merced submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merced submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,234
Tax year 2024
Assessed value
$676,260
Assessed 2024
Previous assessed
$676,260
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$676,260
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.86 ac (37,622 SF)
APN
032-072-011-000
UPID
US09-4464480
Jurisdiction
MERCED
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.86 ac
Current owner
From public records · entity-resolved
T & E Property Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1103 MARTIN LUTHER KING JR WAY, MERCED, CA 95341-6161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2024
—
T & E Property Group LLC
Thaher Eltareb
Grant Deed
—
Jun 30, 2022
$650,000
Thaher Eltareb
Jose Crux Contreras Torres
Grant Deed
$375,000 · Jose Cruz Contreras Torres Etal
Jun 30, 2022
—
Thaher Eltareb
Jessica Eltareb
Intrafamily Transfer
related
—
Feb 27, 2018
$325,000
Jose C C Torres
Nuno,eduardo & Dora
Grant Deed
$175,000 · Eduardo & Dora Nuno
Feb 27, 2018
—
Jose C C Torres
Silveiro,alejandra P
Quit Claim Deed
related
—
May 14, 2003
$285,000
Eduardo Nuno
Khacho,sam
Grant Deed
$185,000 · Sam Khacho
Dec 20, 1995
$160,000
Sam Khacho
Wood,john C
Grant Deed
$120,000 · Seller
Mar 22, 1995
—
Rohrback Trust
Rohrback,richard R
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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