2040 Yosemite PkwyMerced, CA 95341

  • Other commercial real estate
  • 0.42 AC
For Sale
$1,549,000 View listing

Property Details for 2040 Yosemite Pkwy

Lot size
0.42 AC
Property type
Other commercial real estate
APN
061-390-021-000
APU
61390021000

Description

This exceptional 16,700-square-foot property located at 2040 Yosemite Parkway in Merced, California, presents a unique investment opportunity. Situated on the busy Highway 140 East, this property boasts unparalleled visibility and accessibility. The site encompasses 0.42 acres and is zoned C-T, offering a wide array of potential uses for the discerning investor. Significant groundwork has already been completed, including full demolition and the installation of interior fire sprinklers, eliminating major upfront costs and expediting the development process. This significantly reduces the time and expense associated with bringing the property to a usable state. The property's prime location benefits from the current surge in development activity within the immediate vicinity, promising strong future growth and return on investment. The blank canvas nature of the property allows for complete customization, tailoring the space to perfectly meet the specific requirements of the new owner. This is an ideal location for establishing a new business or expanding an existing one, capitalizing on the high traffic volume and excellent visibility afforded by its Highway 140 East location. The asking price is $1,549,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,585,882
    Hospitality
    $4,200,643
    Educational
    $3,494,886
    Medical
    $3,615,080
    Retail
    $5,436,489
2040 Yosemite Pkwy, Merced, California

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.2948
Longitude
-120.45
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
$10,096
$187,272
$748,966
$936,238
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