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975 Motel Dr 0.61 Acres of Commercial Land Offered at $688,097 CAD in Merced, CA 95341

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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.

PROPERTY FACTS

Price $688,097 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
Total Lot Size 0.61 AC
Opportunity Zone Yes
Zoning CT - Thoroughfare Commercial

1 LOT AVAILABLE

Lot

Price $688,097 CAD
Price Per AC $1,122,506.55 CAD
Lot Size 0.61 AC

Level raw land.

DESCRIPTION

Vacant lot surrounded by numerous hospitality and retail properties along Highway 99.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
035-101-010
Land Assessment
$326,192 CAD
Improvements Assessment
$0 CAD
Total Assessment
$326,192 CAD
  • Listing ID: 30054436

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: 975 Motel Dr, Merced, CA 95341

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