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128 Heron Way $750,000

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    128 Heron Way Merced, CA 95341

    • Commercial
    • MLS# 20048932
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    Property Details

    Excellent opportunity to invest in this warehouse property located in Merced's Airport Industrial Park! This proximity has the convenience of easy access to Highway 140 and Highway 99. Merced has been coined The City On The Rise as the future growth is very promising with the New Gateway Retail Center, the UC Merced Expansion, the downtown REVITALIZATION with new hotels, new restaurants, theater and the future hub for the ACE Train. This warehouse space consists of approximately 4,800 square feet with about 1200 square feet of beautiful professional office space on a one acre lot. The plans show the current space can be divided into 4 spaces of 1200+/- square feet, each separately metered and with their own roll-up doors. Owner is willing to execute a lease back and lease one of the building from the Buyer giving you instant cash flow. One of the best attributes of this property is there is space to build an additional 5,000+/- sq foot warehouse at the back of this one acre lot.

    • General Features
      • Lease Terms Other-Rmks
      • Other Expenses Other-Rmks
      • Year Built 0
      • County I-L
    • Building Features
      • Air Conditioning Central
      • Heat Central
      • Amenities Other-Rmks
      • Construction Metal
      • Door Roll Up
      • Miscellaneous Other-Rmks
      • Loading Other-Rmks
      • Roof Description Metal
      • Floor Carpet Partial, Other-Rmks
      • Exterior Metal
    • Property Features
      • Location Airport Nearby, Other-Rmks
      • Parking Open

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    Neighborhood

    95341 (Merced) Demographics

    26 Median Age
    219 Population Density (per sq. mile)
    13% College Educated
    $32,957 Estimated Median Income
    3,382 Estimated Total Home Owners
    5,029 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,787 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    50 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $750,000
        8/19/2020 4:15:00 PM New in Database Source New Value: $750,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 10/22/2020 6:44:37 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.