0 Gateway DrMerced, CA 95340

Property Details for 0 Gateway Dr

Lot size

1.08 AC

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional 70-acre parcel presents a unique investment opportunity in Merced, California's thriving Central Valley. The property, known as Gateway Marketplace, offers 1.08 acres zoned for retail use with a single-tenant configuration. Strategically located on Gateway Drive, Merced, CA 95340, this site benefits from its proximity to the newly constructed Campus Parkway, a four-lane expressway providing excellent north-south connectivity within Merced. The location also boasts convenient access to Highway 99 via an on- and off-ramp approximately 500 feet west of the property, ensuring easy regional accessibility. Merced County is experiencing significant population growth, projected to be part of a substantial increase in California's population by 2030. This growth, coupled with the Gateway Marketplace's prime location and access to major transportation arteries, makes this a compelling opportunity for developers and investors seeking exposure to a rapidly expanding market. The larger Gateway project encompasses approximately 8.4 acres of high-density residential and 68.6 acres of regional commercial uses, further enhancing the area's appeal and potential for future development. This 1.08-acre parcel is a ground lease opportunity.

Location Insight

City

Merced

County

Merced

State

California

Latitude

37.3306

Longitude

-120.463

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