Great opportunity for investors and developers! This prime commercial land is now available at a newly revised price, offering an even more attractive investment opportunity to bring your visionary projects to life. Discover a golden opportunity with this vacant lot in Merced, located on a busy street, perfect for high visibility and accessibility. This property comes with an approved City of Merced Site Plan Review for a 3,527 square foot building, featuring a full commercial kitchen and drive-through. Additionally, it boasts a 447 square foot dining patio with a charming trellis, enhancing its appeal. Ideal for a restaurant or fast food outlet and site is approved for a double lane drive-through. this lot promises a blend of convenience and style in a bustling area, offering a lucrative venture for savvy investors or developers.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Studio City
Office Phone: (818) 432-1500
Listing Agent: Alex Rouzbahani
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.50 Acres
School Info
Assigned Schools Information:
Merced High School, Public District Grades 9-12
Herbert Hoover Middle School, Public District Grades 6-8
John Muir Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: On W 16th St. between Martin Luther King and G St.
Price Information
Listing Price Info
Price Summary:
List Price: $495,000
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Housing Market Comparison
See how this home compares to others in Merced, CA.
This property is $110K more 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: #23332813
Listing Office:
Office Name: Keller Williams Studio City
Office Phone: (818) 432-1500
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: 5/3/2024, 9:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
Elementary School
3
/10
John Muir Elementary School
300 W 26th St
Distance between this listing and this school0.76 miles
Public District Grades KG-5
Middle School
3
/10
Herbert Hoover Middle School
800 E 26th St
Distance between this listing and this school0.84 miles
Public District Grades 6-8
High School
3
/10
Merced High School
205 W Olive Ave
Distance between this listing and this school1.44 miles
Public District Grades 9-12
Assigned Schools
3
/10
John Muir Elementary School
300 W 26th St
Distance between this listing and this school0.76 miles
Public District Grades KG-5
Nearby Schools
2
/10
Don Stowell Elementary School
251 E 11th St
Distance between this listing and this school0.50 miles
Public District Grades KG-5
3
/10
Charles Wright Elementary School
900 E 20th St
Distance between this listing and this school0.80 miles
Public District Grades KG-5
Assigned Schools
3
/10
Herbert Hoover Middle School
800 E 26th St
Distance between this listing and this school0.84 miles
Public District Grades 6-8
Nearby Schools
3
/10
Tenaya Middle School
760 W 8th St
Distance between this listing and this school0.90 miles
Public District Grades 6-8
3
/10
Rudolph Rivera Middle School
945 Buena Vista Dr
Distance between this listing and this school2.02 miles
Public District Grades 6-8
Assigned Schools
3
/10
Merced High School
205 W Olive Ave
Distance between this listing and this school1.44 miles
Public District Grades 9-12
Nearby Schools
2
/10
Merced Scholars Charter
808 W 16th St
Distance between this listing and this school0.71 miles
Public Charter Grades 6-12
3
/10
Golden Valley High School
2121 E Childs Ave
Distance between this listing and this school1.56 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. The most common type of family is single, no kids. Typical level of education for residents 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 $495,000.
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.
What are the assigned schools for this property?
The assigned schools for 62 W 16th St are: John Muir Elementary School: GreatSchools Rating 3/10Herbert Hoover Middle School: GreatSchools Rating 3/10Merced High School: GreatSchools Rating 3/10
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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 November 17, 2023 and is currently priced at $495,000.
In April 2024, from all listings sold in Merced, CA there were more than 18 sold above asking price, over 27 sold below and more than 20 were sold right at the asked price. Between March 2024 and April 2024, Merced, CA real estate market has seen increase in the number of listings by 7.6%. In April 2024 median list price was $385,000 and the average listing age was 37 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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