2958 G St Merced, CA 95340-2135
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.