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Property profile & analytics

1425 Martin Luther King Jr Way Merced, CA 95340-6139

  • Commercial real estate
  • 2.80 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-2579165
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

  • Smart & Final Extra! / Grocery & Convenience Store / Food Market
  • Primo Water Refill / Big Box & Wholesale Store
  • Tesla Supercharger / Electric Vehicle Charging Station
  • TNT Fireworks / Discount Store / Party Supply Store

Property Details for 1425 Martin Luther King Jr Way

Lot size
2.80 lot acres
Property type
Commercial real estate
APN
031-241-029-000
APU
31241029000

Description

University Plaza, located at 1425 Martin Luther King Jr Way in Merced, California, presents a significant retail opportunity. This 65,000 square foot property is available for lease or build-to-suit, offering exceptional flexibility for prospective tenants. The property is situated in Merced County, zip code 95340, providing convenient access to a thriving local market. The building's multiple tenancy configuration allows for diverse business models and potential for synergistic partnerships. The strategic location adjacent to a Smart & Final Extra! grocery store ensures high visibility and foot traffic, creating a prime location for businesses seeking strong consumer engagement. This substantial space is ideal for a variety of retail uses, providing ample room for large-format stores, multiple smaller tenants, or a combination thereof. Interested parties are encouraged to explore the possibilities this exceptional property offers. The property is categorized as retail and offers a significant footprint for a variety of retail uses. The build-to-suit option provides further customization opportunities to meet specific business needs. This prime location in Merced, CA, offers a unique chance to establish a strong retail presence in a growing market. The property's size and location make it an attractive investment for businesses seeking expansion or a new market entry point.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.483
Latitude
37.2979
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
$23,676
$1,217,285
$993,459
$2,210,744
-
$0.00
$0.00
$0.00
More about this property
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