1575 Pacheco BlvdLos Banos, CA 93635

Property Details for 1575 Pacheco Blvd

Lot size

17.50 AC

Property type

Commercial real estate

APN

430-010-012-000

APU

430010012000

Description

This exceptional 8.34-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Los Banos, California. Situated at 1575 West Pacheco Boulevard, this property boasts a highly desirable location with exceptional visibility and accessibility. The site benefits from a substantial daily traffic count of 27,000 vehicles on West Pacheco Boulevard, ensuring significant exposure for any future development. Its strategic placement offers unparalleled convenience and proximity to major retail anchors. The property is directly adjacent to a Walmart Supercenter and sits across the street from a cluster of established businesses including Target, Hobby Lobby, Petco, and Dollar Tree, creating a vibrant and densely populated commercial environment. This prime location is ideal for a wide range of commercial ventures, offering significant potential for substantial returns. The land's size allows for flexibility in development plans, accommodating various commercial projects. The property is zoned for commercial use (specific zoning details should be independently verified). This is a rare opportunity to acquire a large, well-located commercial land parcel in a rapidly growing market. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The address is 1575 West Pacheco Blvd, Los Banos, CA 93635, located in Merced County.

• CAP approach

  CAP return

  Valuation

  6%

  $257,456,000

  6.5%

  $237,652,000

  7%

  $220,676,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $212,613,000

  Geo Method

  $212,613,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $441,609,000

  Retail / Commercial

  $231,598,000

  Mixed-Use / Specialty

  $234,825,000

  Hospitality / Lodging

  $177,561,000

  Office

  $237,652,000

  Institutional / Educational

  $245,572,000

  Residential Income

  $287,319,000

  Multifamily

  $322,127,000

  Automotive / Energy

  $210,490,000

  Parking / Income-Based Land

  $68,633,400

  Restaurant / Food Service

  $130,784,000

  Healthcare / Senior Housing

  $236,653,000

Location Insight

City

Los Banos

County

Merced

State

California

Latitude

37.0546

Longitude

-120.879

CBSA code

32900

CBSA name

MERCED, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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