Discover an exceptional investment opportunity with this prime commercial land located on the bustling W 16th Street in Merced. Perfectly situated for maximum visibility and accessibility, this vacant lot is ideal for investors and developers looking to capitalize on the high traffic and strategic location. The property, listed at $395,000, spans 21,760 square feet (0.5 acres) and is zoned C-G (Commercial General). It comes with an approved City of Merced Site Plan Review for a 3,527 square foot building, featuring a full commercial kitchen and a double lane drive-through. Additionally, the site includes a 447 square foot dining patio with a charming trellis, making it perfect for a restaurant or fast food outlet. Located on a main street, this property benefits from significant foot and vehicle traffic. The Walk Score of 90 indicates that this area is a walker's paradise, while the Bike Score of 66 shows it's also bike-friendly. Public transportation options are abundant, with multiple bus routes serving the area, ensuring easy access for both customers and employees. Nearby amenities include several stores and restaurants, enhancing the property's attractiveness. For instance, Family Dollar is just down the street, along with a variety of other dining and shopping establishments within walking distance. The area is also home to several educational institutions, including John Muir Elementary, Herbert Hoover Middle School, and Merced High School, making it convenient for families. This commercial lot offers a lucrative opportunity for savvy investors or developers. The strategic location on a main street, combined with the approved site plans, positions this property as a prime candidate for a high-traffic commercial establishment. Whether you're envisioning a bustling restaurant, a convenient fast food outlet, or another commercial venture, this lot provides the perfect canvas for your vision. Don't miss out on this chance to invest in a rapidly growing area with high visibility and easy accessibility.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty of Greater Los Angeles
Office Phone: (888) 652-1314
Listing Agent: Alex Rouzbahani
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.50 Acres
Other
Directions Information:
Directions: On 16th St. Between G st. and Martin Luther King Jr Way
Price Information
Listing Price Info
Price Summary:
List Price: $395,000
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Housing Market Comparison
See how this home compares to others in Merced, CA.
This property is $0 less than the Median Sold Price in Merced, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24420849
Listing Office:
Office Name: eXp Realty of Greater Los Angeles
Office Phone: (888) 652-1314
Listing Agent: Alex Rouzbahani
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Don Stowell Elementary School
251 E 11th St
Distance between this listing and this school0.48 miles
Public District Grades KG-6
4
/10
John Muir Elementary School
300 W 26th St
Distance between this listing and this school0.73 miles
Public District Grades KG-6
3
/10
Charles Wright Elementary School
900 E 20th St
Distance between this listing and this school0.79 miles
Public District Grades KG-6
Nearby Schools
4
/10
Herbert Hoover Middle School
800 E 26th St
Distance between this listing and this school0.81 miles
Public District Grades 7-8
4
/10
Tenaya Middle School
760 W 8th St
Distance between this listing and this school0.95 miles
Public District Grades 7-8
5
/10
Rudolph Rivera Middle School
945 Buena Vista Dr
Distance between this listing and this school2.03 miles
Public District Grades 7-8
Nearby Schools
2
/10
Yosemite High (Continuation)
1900 G St
Distance between this listing and this school0.23 miles
Public District Grades 9-12
4
/10
Independence High (Alternative)
1900 G St
Distance between this listing and this school0.23 miles
Public District Grades 9-12
5
/10
Merced High School
205 W Olive Ave
Distance between this listing and this school1.54 miles
The neighbors living near this home have an average income of $20,664. The most common annual income of people living in Merced, CA is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 62 W 16th St
What is the listing price of this property?
The listing price of 62 W 16th St property is $395,000.
What type of property is this?
The property 62 W 16th St is land located in Merced, California, 95340.
Is this property for sale now?
Active Listing: 62 W 16th St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 62 W 16th St in Merced, CA and zip code 95340. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since August 04, 2024 and is currently priced at $395,000.
In October 2024, from all listings sold in Merced, CA there were more than 17 sold above asking price, over 27 sold below and more than 14 were sold right at the asked price. In October 2024 in Merced, CA there were 5.7% more homes for sale than in September 2024. In October 2024 median list price was $395,000 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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