Property profile

2777 State Highway 59 Merced, CA 95348

FOR SALE
Other industrial properties
Property ID
US09-1416126
18.74 ac lot
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Building C is a 70,902-square-foot sprinklered metal industrial building on a 22.3-acre parcel, designed with truck access and dock infrastructure. The facility includes 8 recessed truck docks covered by a sprinklered canopy spanning 12,384 square feet. Electrical service is provided with 3,000 AMP supply via Merced Irrigation District (MID). The building is demised into three areas: a main building measuring 110 feet by 501 feet (55,110 SF), a larger office appendage with restrooms and a breakroom measuring 24 feet by 126 feet (3,024 SF), and a smaller office/laboratory measuring 12 feet by 32 feet (384 SF). The site is fully perimeter-fenced with chain-link fencing and features two electronic gates providing access to Hwy. 59 and Cooper Avenue. The property is located within a flood zone and has been flood-proofed, and it includes excess land estimated at 8+ acres suitable for build-to-suit development. The building setup supports leasing flexibility through the presence of demised space, with additional dock-served warehouse area remaining in configuration for tenant use. Adjacent Building D (98,299 SF CTU, including two 12,300-SF refrigerated walk-in box areas) is nearby and may be available as additional industrial space; Building D has 2,000 AMP electrical service and provides a minimum 24-foot clear height below roof trusses.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 18.74 ac (816,314 SF)
APN 059-450-056
UPID US09-1416126

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Distribution Center Logistics Company
  • Industrial Manufacturer Factory

Location

2777 State Highway 59 Merced, CA 95348
Merced metro Census 1005 MERCED, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

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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More about this property
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