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975 Motel Dr 0.61 Acres of Commercial Land Offered at $497,000 in Merced, CA 95341
INVESTMENT HIGHLIGHTS
- High traffic counts along the Highway 99 corridor.
- Ideal lot for hospitality and retail use.
EXECUTIVE SUMMARY
Prime commercial thoroughfare lot surrounded by major hotels. Fronts Highway 99 on Motel Drive. This area is known for high traffic counts. Visited frequently by travelers & tourists using the Highway 99 corridor, as well as Highway 140 heading towards Yosemite.
ON ACCEPTABLE TERMS, SELLER WILLING TO HOLD SOME FINANCING.
ON ACCEPTABLE TERMS, SELLER WILLING TO HOLD SOME FINANCING.
PROPERTY FACTS
| Price | $497,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.61 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CT - Thoroughfare Commercial | ||
| Price | $497,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.61 AC |
| Opportunity Zone |
Yes |
| Zoning | CT - Thoroughfare Commercial |
1 LOT AVAILABLE
Lot
| Price | $497,000 | Lot Size | 0.61 AC |
| Price Per AC | $810,766.72 |
| Price | $497,000 |
| Price Per AC | $810,766.72 |
| Lot Size | 0.61 AC |
Level raw land.
DESCRIPTION
Vacant lot surrounded by numerous hospitality and retail properties along Highway 99.
1 1
PROPERTY TAXES
| Parcel Number | 035-101-010 | Improvements Assessment | $0 |
| Land Assessment | $232,114 | Total Assessment | $232,114 |
PROPERTY TAXES
Parcel Number
035-101-010
Land Assessment
$232,114
Improvements Assessment
$0
Total Assessment
$232,114
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975 Motel Dr
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