Property profile

2050 Wardrobe Ave Merced, CA 95341

FOR SALE
Industrial properties
Property ID
US09-1944773
4.9 ac lot
Entity Owned 16-yr Hold Free & Clear
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For Sale
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2050 Wardrobe Ave, Merced, CA 95341
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Property summary

AI-generated overview

This exceptional 60,000-square-foot warehouse, located at 2050 Wardrobe Avenue in Merced, California, presents a significant investment opportunity. Situated on a generous 4.9-acre lot, this single-tenant property offers ample space for various industrial operations. Constructed in 1980, the building is situated in Merced County, zip code 95341, and boasts heavy power capabilities, making it ideal for businesses requiring substantial energy resources. The property's classification as industrial, with a warehouse subtype, ensures its suitability for a wide range of industrial uses. The single-tenancy aspect provides a streamlined management structure and potential for long-term lease stability. The expansive lot size allows for significant expansion possibilities or ample room for loading and unloading operations. This property is an excellent choice for businesses seeking a well-established, spacious, and powerfully equipped warehouse in a convenient Merced location. Its size, location, and features make it a highly attractive proposition for industrial users and investors alike. The property's address is easily accessible, offering convenient transportation links. This substantial warehouse presents a rare opportunity to acquire a significant industrial asset in a thriving market. Further details are available upon request.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 4.9 ac (213,444 SF)
APN 059-410-012-000
UPID US09-1944773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2050 Wardrobe Ave Merced, CA 95341
Merced metro Census 1501 MERCED, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2010
5 recorded transactions
2010
Price N/A
2008
Price N/A
2008
Price N/A
2004
$450,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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