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1771 Grogan Ave 9,936 SF Industrial Building Merced, CA 95341 $1,599,000 ($160.93/SF)
Executive Summary
Two freestanding office/warehouse buildings in a nice business complex located in Merced, California. The property is fully fenced and paved, has direct access to the Merced airport and in close proximity to Highways 99 and 149. Opportunity to occupy both, or one and lease one out.
Building One ±2,500 SF office space, two restrooms and warehouse space
Building Two ±500 SF office space, one restroom and warehouse space
Building One ±2,500 SF office space, two restrooms and warehouse space
Building Two ±500 SF office space, one restroom and warehouse space
Property Facts
| Price | $1,599,000 | No. Stories | 1 |
| Price Per SF | $160.93 | Year Built | 2006 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.01/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.59 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 9,936 SF | ||
| Zoning | I-L - Light Industrial | ||
| Price | $1,599,000 |
| Price Per SF | $160.93 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.59 AC |
| Rentable Building Area | 9,936 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| Parking Ratio | 2.01/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-L - Light Industrial |
Amenities
- Security System
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- CVC Concrete
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| CVC Concrete | Construction | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 059-300-060 | Improvements Assessment | $796,508 |
| Land Assessment | $150,592 | Total Assessment | $947,100 |
Property Taxes
Parcel Number
059-300-060
Land Assessment
$150,592
Improvements Assessment
$796,508
Total Assessment
$947,100
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