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Civic Plaza 1727 N St 15,100 SF 100% Leased Office Building Merced, CA 95340 $1,600,000 ($105.96/SF)
Executive Summary
17 Total units, approx 4 are vacant as of now. Roughly 21,800 in monthly income and approx $12k/month in regular expenses (current mortgage, insurance, utilities, etc) Newer AC unit was installed recently.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
15,100 SF
Building Class
C
Year Built
1970
Price
$1,600,000
Price Per SF
$105.96
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,100 SF
Building FAR
1.02
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-C - Commercial
Parking
20 Spaces (1.32 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 031-131-007 | Improvements Assessment | $1,268,628 |
| Land Assessment | $131,235 | Total Assessment | $1,399,863 |
Property Taxes
Parcel Number
031-131-007
Land Assessment
$131,235
Improvements Assessment
$1,268,628
Total Assessment
$1,399,863
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Civic Plaza | 1727 N St