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1460 W 18th St
Merced, CA 95340
Office Property For Sale
Executive Summary
At just $107 per square foot, 1460 W 18th St is one of the lowest price-per-foot office opportunities in Merced County. This 14,000 sq ft two-story office building is offered at $1,500,000 and includes a large on-site parking lot, flexible floorplan, and strong rental potential. The current tenant pays $5,000/month, with historical rents up to $10,000/month and pro forma income projected between $12,600–$14,000/month. The building’s layout supports full occupancy by an owner-user or can be divided to lease one floor while occupying the other. Built in 1970, it sits in a high-visibility central Merced location with solid zoning flexibility. Perfect for investors seeking a value-add play or business owners looking to leverage rental income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,000 SF
Building Class
C
Year Built
1970
Price
$1,500,000
Price Per SF
$107.14
Cap Rate
2.97%
NOI
$44,565
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.62
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial/Light Industrial/Office Space
Parking
34 Spaces (2.43 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
- Central Heating
- Reception
- Air Conditioning
Property Taxes
| Parcel Number | 031-093-001 | Improvements Assessment | $529,943 |
| Land Assessment | $109,924 | Total Assessment | $639,867 |
Property Taxes
Parcel Number
031-093-001
Land Assessment
$109,924
Improvements Assessment
$529,943
Total Assessment
$639,867
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