2255 Gerard AveMerced, CA 95341

  • Other commercial real estate
  • 0.29 AC
For Sale
$175,000 View listing

Property Details for 2255 Gerard Ave

Lot size
0.29 AC
Property type
Other commercial real estate
APN
061-275-013-000
APU
61275013000

Description

This established 7-Eleven franchise in Merced, CA, presents a lucrative business opportunity. Located at 2255 E Gerard Avenue, this 2,000 square foot store sits on a 0.29-acre lot, benefiting from its prime location off Parsons Avenue and Highway 99, a high-traffic corridor. The franchise enjoys a strong customer base within a densely populated neighborhood with a mix of residential and commercial properties. This turnkey operation boasts convenient, ample, and well-lit on-site parking. The store's convenient location drives sales throughout the day and night. The franchise benefits from the established 7-Eleven brand reputation, comprehensive marketing support, and access to corporate resources. This opportunity includes a generous price term and a 25% discount on the franchise fee. The sale is subject to 7-Eleven corporate vetting and approval. Further details, including financial information, will be provided upon execution of a non-disclosure agreement. The property is priced at $175,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,158,918
    Hospitality
    $2,893,552
    Educational
    $2,407,401
    Medical
    $2,490,195
    Retail
    $3,744,846
2255 Gerard Ave, Merced, California

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.2808
Longitude
-120.446
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
$10,366
$150,223
$811,228
$961,451
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