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Property profile & analytics
OFF-MARKET
Commercial land

149 16th St Merced, CA 95340-4958

0.17 ac lot
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-3027676
Property summary
AI-generated overview

This exceptional commercial property, located at 149 16th Street in Merced, California, presents a unique investment opportunity. The 5,000 square foot building sits on a 0.17-acre lot (7,500 square feet), offering ample space for a variety of business ventures. Its strategic location provides high visibility and easy access to key city landmarks, including the city building, county building, courthouse, and downtown Merced. The property's proximity to Highway 99 and major shopping malls ensures convenient access for both employees and customers. Abundant parking is available on-site. The surrounding area boasts a vibrant mix of shopping, dining, and entertainment options, creating a desirable environment for businesses. The building's dimensions are 50 feet by 100 feet. The seller is highly motivated to sell, making this an attractive proposition for discerning investors seeking a foothold in the growing Merced market. Don't miss this chance to be a part of Merced's continued development. This property is ready for immediate occupancy and offers significant potential for future growth.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.17 ac (7,500 SF)
APN 031-162-015-000
UPID US10-3027676
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Pathmany Singh · 3 yrs held
Pathmany Singh
since 2023
Last sale
$350,000
7 recorded transactions
2023
$350,000
2022
$265,000
2005
$300,000
2002
Price N/A
1999
$100,000
1999
Price N/A
1998
$120,622
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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