1401 16Th StMerced, CA 95340

  • Commercial real estate
  • 0.60 AC
For Lease
$55,165.44/SF/YR View listing

Property Details for 1401 16Th St

Lot size
0.60 AC
Property type
Commercial real estate
APN
031-094-006-000
APU
31094006000

Description

This exceptional commercial land parcel, located at 1401 W. 16th Street in Merced, California, presents a unique investment opportunity. Spanning one acre (26,080 square feet), this property boasts significant frontage on both 16th Street and Main Street, providing excellent visibility and accessibility. The lot is fully paved and fenced, offering immediate usability. The zoning is strategically divided: the southern half (16th Street end) is designated C-T (Commercial Throughfare), while the northern half (Main Street end) is zoned C-G (General Commercial), providing flexibility for a variety of commercial uses. The property's dimensions are approximately 81.5 feet wide by 320 feet deep. The asking rent is $2,750.00 NNN. Its ideal location and features make it particularly well-suited for businesses such as used car lots or equipment rental yards. This property offers a compelling combination of size, location, and zoning flexibility, making it an attractive prospect for discerning investors seeking a high-impact commercial investment in the thriving Merced market. The property is situated in Merced County, California, with a zip code of 95340. This is a single-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,545,948
    Hospitality
    $5,996,054
    Educational
    $4,988,646
    Medical
    $5,160,213
    Retail
    $7,760,116

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.3059
Longitude
-120.497
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
$3,320
$254,381
$18,806
$273,187
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