NOT LISTED FOR SALE

Estimated Value: $657,186

0.69 Acre
$958,416 Price per Acre
29,869 Sq Ft Lot

Sale Details

Date Sold: October 2, 2025

Last sale price $650,000

Est. 1% increase in value since last sale

Current estimated payment $4,152 / mo

517 Days on Market

Highlights

  • Downtown View
  • Property is near public transit
  • No HOA
  • 0.69 Acre Lot

About This Lot

As of October 2025

Oversized Commercial Vacant lot located in a Prime location in Merced! Located on a major road the 29,000 sq ft lot has unbelievable potential to build your own commercial property. Potential to be a custom hotel, apartments, and other outstanding possibilities in a high-traffic area with easy access to Highway 99 and only 8 miles from UC Merced. Check it out before it's gone!

Last Agent to Sell the Property

Randy Hayer

SVN Executive Commercial Advisors License #01251542 Listed on: 10/04/2023

Last Buyer's Agent

Randy Hayer

SVN Executive Commercial Advisors License #01251542 Listed on: 10/04/2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 29,869 Sq Ft Lot
  • Property fronts a highway
  • Possible uses of the property include Commercial, Highway/Tourist Service, Industrial, See Remarks, Recreational
  • Property is zoned C-T, Business/Professional,Commercial,Highway/Tourist Services,See Remarks

Additional Features

  • Downtown Views
  • Property is near public transit
  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031-102-007-000

Property Details

Property Type

Land

Lot Details

0.69 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 715000.00
  • Lot Features: Area Lighting, Public Trans Nearby, Sidewalk(s), Street Light(s)
  • New Construction: No
  • Pool: No
  • Road Frontage: Highway Exposure, City Street
  • Spa: No
  • Topography: Cleared,Cleared
  • View Description: Downtown
  • Additional Living Units: No

Utilities

  • Sewer: See Remarks
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: C-T
  • Crops: None
  • Current Use: Commercial, See Remarks
  • Development Status: None
  • Zoning Description: Business/Professional,Commercial,Highway/Tourist Services,See Remarks
  • Irrigation: Public
  • Lot Size Acres: 0.6857
  • Lot Size Sq Ft: 29869.00
  • Possible Use: Commercial, Highway/Tourist Service, Industrial, See Remarks, Recreational

Multi Family

  • Income Includes: ["Land"]

Tax Info

  • Assessor Parcel Number: 031-102-007-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Aug 21, 2025
Sold by
Motel Siesta Investments Llc
Bought by
Seller's Agent
Randy Hayer
SVN Executive Commercial Advisors
Buyer's Agent
Randy Hayer
SVN Executive Commercial Advisors
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Views
78
Current Estimated Value
$657,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,186
Avg. Annual Appreciation
1.22%

Purchase Details

Closed on
Feb 10, 2022
Sold by
Mark Adams
Bought by
Motel Siesta Investments Llc

Purchase Details

Closed on
Dec 2, 2016
Sold by
Mehta & Associates
Bought by
Omkar Merced Llc

Purchase Details

Closed on
Jul 15, 2014
Sold by
Gandhi Pravinkumar R and Gandhi Madhukanta P
Bought by
Mehta & Associates

Purchase Details

Closed on
Jul 23, 2002
Sold by
Patel Dahyabhai D and Patel Gangaben D
Bought by
Gandhi Pravinkumar R and Gandhi Madhukanta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,687
Interest Rate
6.7%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Merced, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Orange Coast Title
Motel Siesta Investments Llc $300,000 New Title Company Name
Omkar Merced Llc $60,000 None Available
Mehta & Associates $143,393 Chicago Title Company
Gandhi Pravinkumar R $685,000 Fidelity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $100,000
Previous Owner California Receivership Group Inc $25,000
Previous Owner Gandhi Pravinkumar $75,000
Previous Owner Gandhi Pravinkumar R $120,000
Previous Owner Gandhi Pravinkumar R $600,000
Previous Owner Lundell Donald Arthur --
Previous Owner Gandhi Pravinkumar R $235,687
Previous Owner Patel Dahyabhai D $235,687
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 Sold $650,000 -9.1% --
03/04/2025 03/04/25 Pending -- -- --
12/24/2024 12/24/24 Price Changed $715,000 -4.5% --
09/05/2024 09/05/24 Price Changed $749,000 0.0% --
09/05/2024 09/05/24 For Sale $749,000 +15.2% --
09/05/2024 09/05/24 Off Market $650,000 -- --
04/04/2024 04/04/24 Price Changed $799,000 -10.7% --
10/04/2023 10/04/23 For Sale $895,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,510 $650,000 $650,000
2025 $6,510 $546,522 $546,522
2024 $6,179 $535,806 $535,806
2023 $6,099 $525,300 $525,300 $0
2022 $9,036 $793,392 $328,093 $465,299
2021 $8,960 $772,615 $321,660 $450,955
2020 $9,097 $770,719 $318,362 $452,357
2019 $8,975 $756,175 $312,120 $444,055
2018 $8,233 $741,916 $306,000 $435,916
2017 $8,536 $727,936 $300,000 $427,936
2016 $8,284 $702,464 $243,660 $458,804
2015 $9,364 $692,018 $240,000 $452,018
2014 $10,414 $792,061 $295,369 $496,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223096475

MetroList

APN: 031-102-007

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