1985 Olive AveMerced, CA 95348

Property Details for 1985 Olive Ave

Lot size

15.06 AC

Property type

Industrial properties

Property subtype

Other industrial properties

APN

058-030-043-000

APU

58030043000

Description

This single-tenant industrial warehouse, located at 1985 W Olive Ave, Merced, CA 95348, offers 35,850 square feet of space on a one-acre lot. Built in 1970, the building features a single story with a 20-foot ceiling height, providing ample room for storage and operations. The property boasts excellent accessibility, situated near Freeway 99, making it strategically positioned for efficient distribution and transportation. Loading and unloading is simplified with three drive-in doors. The warehouse also includes 38 surface parking spaces for employees and visitors. The building is well-lit with LED lighting. This property is particularly well-suited for businesses dealing with large equipment, such as boats and watercraft, due to its spacious layout and convenient access. Merced County location provides access to a growing market. The property's single-tenant occupancy offers stability and ease of management. This is a rare opportunity to acquire a well-maintained, functional industrial space in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $164,807,616

  Hospitality

  $150,962,880

  Educational

  $125,599,352

  Medical

  $129,918,904

  Retail

  $195,376,768

Location Insight

City

Merced

County

Merced

State

California

Latitude

37.3213

Longitude

-120.503

CBSA code

32900

CBSA name

MERCED, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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