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1616 Martin Luther King Jr Way 0.34 Acres of Commercial Land Offered at $3,500,000 in Merced, CA 95340

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Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual $99,999
Annual Per AC $9.99
Vacancy Loss
Annual $99,999
Annual Per AC $9.99
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $3,500,000
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Fast Food
  • Restaurant
  • Specialty, Festival or Entertainment
  • Storefront, Retail or Office
  • Supermarket
Total Lot Size 0.34 AC
Opportunity Zone Yes
Zoning C-C - C-C, Central Commercial district. The C-C zoning district provides for a diversity of commercial/residential land uses in central business district.

1 Lot Available

Lot

Price $3,500,000
Price Per AC $10,174,862.28
Lot Size 0.34 AC

Rare bulk sale opportunity consisting of five contiguous Central Commercial (C-C) zoned parcels totaling approximately 1.03 acres. Fully improved commercial lots with utility hookups available and some in place.

Description

Prime Downtown Merced Commercial Portfolio – 5 Contiguous C-C Parcels. Rare bulk sale opportunity consisting of five contiguous Central Commercial (C-C) zoned parcels totaling approximately 1.03 acres. All Fully improved commercial lots with utility hookups in place and precious home of Kentucky Fried Chicken drive through. The hard corner consists of a 15,000 SF parcel and operates as the established “Downtown Grubs” food truck plaza, generating strong foot traffic with potential gross rents of approximately $15,000 per month. Improvements include: a ±2,500 SF retail building currently supporting food truck operations (restrooms, storage, utility sinks). A ±6,000 SF retail warehouse leased to an antique & collectibles dealer at $4,125/month gross. All tenants are on month-to-month leases, offering flexibility for investors or owner-users. Located within walking distance to Downtown Merced and near major national retailers including Chick-fil-A (new site), Starbucks, In-N-Out, Popeyes, and Taco Bell. Excellent proximity to Hwy 99 and downtown landmarks such as UC Merced Downtown Campus Center, El Capitan Hotel, and the Mainzer Theatre. Strong existing income with redevelopment and value-add potential in a high-visibility commercial corridor.

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 031-154-010
  • 031-154-008
  • 031-154-011
  • 031-154-009
  • 031-154-012
Land Assessment
$1,818,907 (2025)
Improvements Assessment
$521,284 (2025)
Total Assessment
$2,340,191 (2025)
Annual Taxes
($1)
Tax Year
2026
  • Listing ID: 39465642

  • Date on Market: 2/17/2026

  • Last Updated:

  • Address: 1616 Martin Luther King Jr Way, Merced, CA 95340

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