2958 G StMerced, CA 95340
- Commercial land
- 1,608 SF
Property Details for 2958 G St
- Year built
- 1932
- Construction
- WOOD FRAME
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 1,608 SF
- Property type
- Commercial land
- APN
- 007-131-001-000
- APU
- 7131001000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $403,972
- Hospitality
- $370,036
- Educational
- $307,865
- Medical
- $318,453
- Retail
- $478,902
Location Insight
- City
- Merced
- County
- Merced
- State
- California
- Latitude
- 37.3138
- Longitude
- -120.469
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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