149 16Th StMerced, CA 95340

  • Land
  • 0.17 AC
For Sale
$429,000 View listing

Property Details for 149 16Th St

Lot size
0.17 AC
Property type
Land
Property subtype
Commercial land
APN
031-162-015-000
APU
31162015000

Description

This exceptional commercial property, located at 149 16th Street in Merced, California, presents a unique investment opportunity. The 5,000 square foot building sits on a 0.17-acre lot (7,500 square feet), offering ample space for a variety of business ventures. Its strategic location provides high visibility and easy access to key city landmarks, including the city building, county building, courthouse, and downtown Merced. The property's proximity to Highway 99 and major shopping malls ensures convenient access for both employees and customers. Abundant parking is available on-site. The surrounding area boasts a vibrant mix of shopping, dining, and entertainment options, creating a desirable environment for businesses. The building's dimensions are 50 feet by 100 feet. The seller is highly motivated to sell, making this an attractive proposition for discerning investors seeking a foothold in the growing Merced market. Don't miss this chance to be a part of Merced's continued development. This property is ready for immediate occupancy and offers significant potential for future growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,884,196
    Hospitality
    $1,725,913
    Educational
    $1,435,940
    Medical
    $1,485,324
    Retail
    $2,233,684
149 16Th St, Merced, California

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.2989
Longitude
-120.479
CBSA code
32900
CBSA name
MERCED, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,937
$357,000
-
$357,000
-
-
-
-

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