NOT LISTED FOR SALE

1245 N St Merced, CA 95340

Downtown Merced Neighborhood
0.34 Acre
-- Price per Acre
14,985 Sq Ft Lot

Last Sold February 20, 2013

Last sale price $382,500

34 Days on Market

About This Lot

As of February 2013

Ground only for sale subject to long term ground lease to existing tenant, Tesei Petroleum (Tenant excluded from listing) who operates a Shell Gas Station. Current rent is $2,827/mo. ($33,924/yr) NNN through 6-15-21. Two 5-year renewal options with rent of $3,117 ($37,404/yr) NNN thru 6-15-26 & $3,273 ($39,276/yr)thru 6-15-31. Located at Highway 99 off ramps & adjacent to Denny's Restaurant, Motel 6 and across street from McDonald's. Make offer contingent upon review of existing lease.

Last Agent to Sell the Property

Steve Tinetti

Tinetti Realty License #00475070 Listed on: 10/16/2012

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions: 100
  • Property fronts a freeway
  • Possible uses of the property include Commercial
  • Property is zoned C-T CommercialThoroughfare, Commercial,Highway/Tourist Services

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031-291-011

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: See Remarks
  • Disclosures/Documents: CC&Rs,Restaurant Nearby,Subject to Lease,Underground Tank,See Remarks,Hotel/Motel Nearby,Mineral Rights CLA
  • Listing Price: 382000.00
  • Lot Features: Paved,Public Trans Nearby,Sidewalk(s),Street Light(s),See Remarks
  • Road Frontage: Freeway Exposure
  • Road Surface Type: Paved
  • Additional Living Units: No
  • Soil: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: C-T CommercialThoroughfare
  • Crops: None
  • Current Use: Commercial
  • Development Status: See Remarks
  • Zoning Description: Commercial,Highway/Tourist Services
  • Irrigation: See Remarks
  • Lot Size Acres: 0.3440
  • Lot Dimensions: 100 x 150
  • Lot Size Sq Ft: 14985
  • Possible Use: Commercial

Rental Info

  • Current Rent: 2827

Multi Family

  • Income Includes: Lease

Tax Info

  • Assessor Parcel Number: 031-291-011
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2013 02/20/13 Sold $382,500 +0.1% --
11/19/2012 11/19/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $382,000 -- --
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Tinetti

    Seller's Agent in 2013

    Steve Tinetti

    Tinetti Realty

    (209) 722-1491

    7 in this area

    41 Total Sales

    Steve Tinetti
    Section Image

  • N

    Buyer's Agent in 2013

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 12062763

MetroList
California Merced County Merced 95340 Downtown Merced

1245 N St, Merced, CA

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