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Property profile & analytics
OFF-MARKET
Commercial land

2958 G St Merced, CA 95340-2135

1,608 SF 1 ac lot Built 1932
Individually Owned Absentee Owner Free & Clear
Property ID
US09-3114191
Property summary
AI-generated overview

This exceptional ±2.4-acre commercial property presents a unique opportunity for ground lease or build-to-suit development in North Merced, California. Strategically located on G Street, this site boasts significant frontage and multiple access points via Craig Drive and G Street, maximizing redevelopment potential. The property sits at a high-traffic intersection (G Street and Craig Drive), with a combined daily vehicle count of 28,154. Its prime location is directly across from Bear Creek Village Shopping Center, placing it within a thriving commercial corridor and surrounded by affluent residential communities. The area demographics are strong, with an average household income exceeding $78,097 and a population of over 89,270 within a 3-mile radius. Nearby businesses include Mister Car Wash, In-Shape City, Yum Yum Donuts, Armstrong Pet World, Los Panchos, Village Liquor, and F&M Bank, underscoring the area's commercial vitality. The property's proximity to the University of California Merced campus (less than 5.5 miles south) further enhances its appeal and potential for future growth. This is an ideal location for a variety of commercial developments, benefiting from high visibility, excellent access, and a strong surrounding demographic profile. The property is zoned C-O. The site is offered as a single-tenant property.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1932
Construction WOOD FRAME
Total area 1,608 SF
Lot 1 ac (43,560 SF)
APN 007-131-001-000
UPID US09-3114191
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
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Comparable Approach Comparable
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Owner & transaction history
Harjinder K Pannu
Harjinder K Pannu
since 2026
Last sale
$175,000
7 recorded transactions
2026
Price N/A
2023
$175,000
2014
Price N/A
2008
Price N/A
2007
Price N/A
2002
$305,000
2001
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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