1111 Olive Ave Merced, CA 95348-1953
- Commercial real estate
- 5.40 lot acres
May 06, 2022
Current Use by Public Records
- La Michoacana USA Merced / Ice Cream Shop
- TNT Fireworks / Fireworks Store / Store
Property Details for 1111 Olive Ave
- Lot size
- 5.40 lot acres
- Property type
- Commercial real estate
- APN
- 058-090-005-000
- APU
- 58090005000
Description
This exceptional retail opportunity presents 26,758 square feet of available space in a prime Merced, CA location. Previously occupied by a 99 Cents Only store, this property boasts high visibility and accessibility at 1111 W Olive Ave, Merced, CA 95348. The building offers a substantial footprint ideal for a variety of retail uses, benefiting from its established presence and strong historical performance. The site enjoys exceptional daily traffic counts, averaging approximately 71,837 vehicles per day at the intersection of Olive and R Street, ensuring significant exposure to potential customers. This multiple-tenancy property is situated in Merced County, California, providing convenient access to a substantial consumer base. The property's size and location make it an attractive investment for businesses seeking a high-traffic retail space in a thriving market. The space is ready for immediate occupancy and offers a unique chance to establish or expand a retail presence in a well-established commercial area. Interested parties are encouraged to inquire for further details and leasing options.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,140,000
- ML approach
- $7,605,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.488
- Latitude
- 37.3202
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
