Listed by BHGRE Everything Real Estate, Merced Yosemite Realty
$1,500,000
1460 W 18th St
Details
APN 031-093-001-000
Property Type Office
Sub Type Traditional Office
Square Footage 14,000
Cap Rate 2.97%
NOI $44,565
Occupancy 100%
Tenancy Single
Lease Type Modified
Pro-Forma Cap Rate 7.47%
Pro-Forma NOI $112,000
Price per SqFt $107
Broker Co-Op No
Class C
Year Built 1970
Buildings 1
Stories 2
Acreage 0.520
Investment Type Value Add
Office | 2.97% CAP | 14,000 SqFt
Marketing description
At just $107 per square foot, 1460 W 18th St is one of the lowest price-per-foot office opportunities in Merced County. This 14,000 sq ft two-story office building is offered at $1,500,000 and includes a large on-site parking lot, flexible floorplan, and strong rental potential. The current tenant pays $5,000/month, with historical rents up to $10,000/month and pro forma income projected between $12,600–$14,000/month. The building’s layout supports full occupancy by an owner-user or can be divided to lease one floor while occupying the other. Built in 1970, it sits in a high-visibility central Merced location with solid zoning flexibility. Perfect for investors seeking a value-add play or business owners looking to leverage rental income.
Listing Contacts
Listed by BHGRE Everything Real Estate, Merced Yosemite Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,565.00
$3,713.75/mo
Valuation Metrics
0
DSCR
2.97%
Cap Rate
2.97%
ROI
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