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    OFF-MARKET
    Industrial properties

    1985 Olive Ave, Merced, CA 95348

    15.06 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-1853857
    Property summary
    AI-generated overview

    This single-tenant industrial warehouse, located at 1985 W Olive Ave, Merced, CA 95348, offers 35,850 square feet of space on a one-acre lot. Built in 1970, the building features a single story with a 20-foot ceiling height, providing ample room for storage and operations. The property boasts excellent accessibility, situated near Freeway 99, making it strategically positioned for efficient distribution and transportation. Loading and unloading is simplified with three drive-in doors. The warehouse also includes 38 surface parking spaces for employees and visitors. The building is well-lit with LED lighting. This property is particularly well-suited for businesses dealing with large equipment, such as boats and watercraft, due to its spacious layout and convenient access. Merced County location provides access to a growing market. The property's single-tenant occupancy offers stability and ease of management. This is a rare opportunity to acquire a well-maintained, functional industrial space in a desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 15.06 ac (656,013 SF)
    APN 058-030-043-000
    UPID US09-1853857
    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
    Current use
    Occupant on record · Public records
    • Capelli Salon and Spa Hair Salon Nail Salon
    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
    City Of Merced · 1 yrs held
    City Of Merced
    since 2024
    3 recorded transactions
    2024
    2018
    $2.5M
    2017
    $2.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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