1107 Olive AveMerced, CA 95348

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

Property Details for 1107 Olive Ave

Lot size
0.52 AC
Property type
Other commercial real estate
APN
058-090-007-000
APU
58090007000

Description

This exceptional business opportunity presents a chance to acquire an established 7-Eleven franchise in Merced, CA. Situated on a 0.52-acre lot at 1107 W Olive Avenue, this turnkey operation includes a convenience store, gas station, and car wash, all within a high-traffic shopping center. The franchise boasts a loyal customer base and benefits from 24/7 operations, maximizing sales throughout the day and night. Ample, well-lit parking ensures customer convenience. This highly-rated franchise offers a proven track record of profitability and is supported by the extensive marketing and resources of the 7-Eleven national brand. The asking price is $150,000, and a 25% discount on the franchise fee is available. The sale is subject to 7-Eleven corporate vetting and approval of the prospective franchisee. Further details, including financial information, will be provided upon execution of a non-disclosure agreement. This is a rare opportunity to own a successful, well-established franchise with a strong reputation and significant growth potential within a densely populated area. The franchise benefits from the established brand recognition and ongoing support provided by 7-Eleven corporate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,675,701
    Hospitality
    $5,198,912
    Educational
    $4,325,434
    Medical
    $4,474,192
    Retail
    $6,728,452
1107 Olive Ave, Merced, California

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.3195
Longitude
-120.487
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
$52,723
$466,508
$4,470,177
$4,936,685
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