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Marketplace Gateway PlMerced, CA 95340

70-acre commercial development opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 70-acre commercial property, known as Gateway Marketplace, presents a unique investment opportunity in Merced, CA. Located in Merced County, this mixed-use development boasts a prime location with convenient access to Highway 99 via a nearby on- and off-ramp, situated approximately 500 feet west of the site. The property is strategically positioned along the newly constructed Campus Parkway, a four-lane expressway connecting north and south Merced, ensuring high visibility and accessibility. The site plan includes approximately 8.4 acres designated for high-density residential development and 68.6 acres for regional commercial uses. Currently, eight commercial spaces are available within this expansive development, offering flexibility for various retail and commercial ventures. The property's significant size and strategic location within Merced, a city experiencing substantial population growth as part of California's Central Valley expansion, make it an ideal investment for long-term growth and profitability. The thriving Merced community, while anticipating significant population increases, aims to maintain its small-town charm. This development is poised to be a key component of that growth.

Highlights

  • 70-acre mixed-use development, Gateway Marketplace, in Merced, CA.
  • Prime location at Highway 99/Campus Parkway interchange.
  • ~2,200 planned residential units nearby.
  • Underserved retail trade area with strong demographics.
  • ~1,200 planned apartment units within the development.
  • 8.4 acres for high-density residential, 68.6 acres for commercial use.

Property Details for Marketplace Gateway Pl

Property type
Lifestyle centers, Power centers

Unit(s) available at that property

Space
Phase 2 Parcel B
Size
0 SF
Space
Phase 2 Parcel C
Size
0 SF
Space
Phase 2 Parcel D
Size
0 SF
Space
Phase 2 Parcel E
Size
0 SF
Space
Phase 2 Parcel F1
Size
0 SF
Space
Phase 2 Parcel F2
Size
0 SF
Space
Phase 1
Size
0 SF
Space
Phase 2 Parcel F Combined
Size
0 SF

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.330583
Longitude
-120.4626304
Marketplace Gateway Pl, Merced, California

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Marketplace Gateway Pl
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