2777 State Highway 59 Merced, CA 95348
- Industrial properties
- 18.74 lot acres
Current Use by Public Records
- Lewis Linda A / Medical Clinic / Health
- Frito-Lay / Distribution Service
- Mauser USA LLC - Fiber Drum / Packaging Company
Property Details for 2777 State Highway 59
- Lot size
- 18.74 lot acres
- Property type
- Industrial properties
- APN
- 059-450-056
- APU
- 59450056
Description
This expansive 98,239-square-foot warehouse in Merced, CA, presents a significant opportunity for businesses seeking ample space and strategic location. The single-story, 1970-built structure boasts a 24-foot ceiling height (up to 40 feet between trusses in the center), offering substantial vertical storage capacity. The building features two loading docks with two dock-high doors and five drive-in doors, ensuring efficient loading and unloading operations. Inside, the warehouse includes two 12,544-square-foot refrigerated walk-in boxes capable of maintaining 40° temperatures, and a 1,200-square-foot two-story office. A 1,113-square-foot sprinklered canopy covers the double recessed exterior truck dock. Men's and women's restrooms (486 square feet) are conveniently located within the building. The property sits on a 22.3-acre parcel, fully fenced with two electronic gates for secure access from Highway 59 and Cooper Avenue. The property is zoned I-H (Heavy Industrial) and is well-suited for a cannabis-related business (prospective tenants should verify with local authorities). A 2,000-amp electrical panel, serviced by Merced Irrigation District Electric Utility Company (MID), offers substantial cost savings compared to PG&E rates. The landlord provides free high-speed internet. Additional acreage is available for potential build-to-suit projects. The property's proximity to the proposed Altamont Corridor Express Train (ACE Train) maintenance yard adds further value. Long-term lease rates (5+ years) start at $0.55 per square foot NNN, except for cannabis-related businesses, which start at $0.60 per square foot NNN. NNN expenses are approximately $0.10 per square foot per month.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.508
- Latitude
- 37.3144
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA