1111 Olive AveMerced, CA 95348
- Other commercial real estate
- 5.40 AC
Property Details for 1111 Olive Ave
- Lot size
- 5.40 AC
- Property type
- Other commercial real estate
- APN
- 058-090-005-000
- APU
- 58090005000
Description
This exceptional retail opportunity presents 26,758 square feet of available space in a prime Merced, CA location. Previously occupied by a 99 Cents Only store, this property boasts high visibility and accessibility at 1111 W Olive Ave, Merced, CA 95348. The building offers a substantial footprint ideal for a variety of retail uses, benefiting from its established presence and strong historical performance. The site enjoys exceptional daily traffic counts, averaging approximately 71,837 vehicles per day at the intersection of Olive and R Street, ensuring significant exposure to potential customers. This multiple-tenancy property is situated in Merced County, California, providing convenient access to a substantial consumer base. The property's size and location make it an attractive investment for businesses seeking a high-traffic retail space in a thriving market. The space is ready for immediate occupancy and offers a unique chance to establish or expand a retail presence in a well-established commercial area. Interested parties are encouraged to inquire for further details and leasing options.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $59,094,416
- Hospitality
- $54,130,168
- Educational
- $45,035,664
- Medical
- $46,584,508
- Retail
- $70,055,480
Location Insight
- City
- Merced
- County
- Merced
- State
- California
- Latitude
- 37.3202
- Longitude
- -120.488
- 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
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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