$6,680,000
$6,750,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
15.05 Acres Lot
SOLD DATE : 03/08/2022
Key Details
Sold Price $6,680,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC20213537
Sold Date 03/08/22
HOA Y/N No
Lot Size 15.050 Acres
Property Description
For Sale for $6,750,000 or For Lease for $.40/SF/mo. NNN. Located in Opportunity Zone & the Merced Airport Industrial Pk There is 127,530+/-SF on ground floor & 6,800+/-SF on 2nd floor (offices, storage and mechanical rooms). Fully sprinklered & partially insulated, 4,000 AMP electrical service (MID -reputedly 15% to 20% less expensive than PG&E). 3 recessed truck docks on south side of Area 2 + 2 recessed trucks on the north side of Area 4 & many grade level roll-up doors. Warehouse clear heights vary from 24' to 30'+. There are four distinct areas in the Bldg. as follows : Area 1 (NEC) 40,440+/-SF; Bldg. 2 (SEC) 40,000+/-SF; Bldg. 3 (SWC) 36,365+/-SF; Bldg. 4 (NWC) 10,725+/- on 1st floor & 6,800+/-SF on 2nd Floor. Fenced & gated paved yard & curb cuts / driveways from West Avenue, Eagle Street and Condor Drive. Zoned IL (Light Industrial) and may be eligible for cannabis related businesses (Buyer to verify with the City of Merced). Near to Highways 59, 99 and 140. Current 15.05 acre parcel will be split prior to sale and the building and improvements on a new 9.86 +/- acre parcel (aka parcel # 1) is what will be sold for the listed price. Two other parcels as follows: 2.63 acres on Condor Avenue (aka parcel # 2) and 2.56 acres on West Avenue (aka parcel #3) can potentiallly be purchased (price to be negotiated) in addition to the primary 9.83 acre parcel.
Location
State CA
County Merced
Zoning I-L
Interior
Fireplace No
Laundry None
Exterior
Fence Barbed Wire, Chain Link
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Propane, Phone Connected, Sewer Connected, Water Connected
Roof Type Metal
Building
Lot Description Corner Lot, Lot Over 40000 Sqft, Near Public Transit, Level
Story 2
Water Public
Others
Tax ID 059420077000
Security Features Fire Sprinkler System,Security Gate,Key Card Entry
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Lease Option, Submit
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Lease Option, Submit
Financing Conventional
Special Listing Condition Standard
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