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$15,995,000 Just Listed
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Property Description
Just under 200,000 SF of buildings on 22.3 acres. Has 8.27+/- acres of excess buildable land on which to build additional buildings. Gross Scheduled rent as of 1-1-26 $133,606.68 /month = $ 1,603,280.00 / year. Bldg. A consists of a modern and attractive standalone 7,126 SF office building + a new (built 2021) 2,400 SF metal shop bldg. Leased on a modified gross basis. Landlord pays Base Yr. Operating Expenses and Tenant pays its prorata share of increase over the Base Yr. with exception that Tenant pays all of taxes for new shop Bldg. COLAs in January based on increase in CPI but never less than 3% or greater than 8% / year. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$1,039.50 CAMs. Bldg. B is a 15,300 SF standalone fully sprinklered metal bldg. with an attached 240 SF office. Bldg.has minimum 22' clear height and has 8 roll-up doors (4@ on east and west sides of Bldg.). Tenant pays $12,508.84 / month ($10,810.37 Base Rent + $1,698.47 NNNs). Bldg. C is a 70,902 SF fully sprinklered metal bldg. with 8 recessed truck docks and 3,000 AMP electrical service provided by MID. Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs). Bldg. D is a fully spinklered, concrete tilt-up with 24' clear height under roof trusses and 2,000 AMP electrical service provided by MID. Has 2 x 12,544+/- SF refrigerated walk-in boxes that can be maintained at 40 degrees temperature. Tenant has occupied on a MTM basis since February 2025 and pays $63,855 gross / month. Owner occupies 5,240 SF metal shop attached to west end of Bldg D and is willing to either vacate at close of escrow or lease back at $3,406 / month ($.65/SF). Owner has just spent $1M+/- to flood proof buildings C and D and spent another $1M+/- to install solar panels on the south facing roofs of Bldgs. C & D (generates average of 750+/- KW /month and is tied to meter in Bldg. D). Solar panels included in the sale at no additonal charge. The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue.
Full Property Details
Full Property Details for 2773 N State Hwy 59
General
- Price: $15,995,000
- Status: Active
- Type: Industrial
- Source: METROLIST_Cali
- MLS ID: 226003207
- Updated: 1/11/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Concrete Slab
Additional Information
- Other Features: Major Tenant, Over 18 Ft Ceilings, Clear Height, Cold Storage, Hydrant(s), See Remarks
Parking
- Parking: Common Area Shared, Exclusive, Fenced, Lighted
Location
- County: Merced
- Cross Streets: Cooper Avenue
- Driving Directions: From southbound 99 take the 16th Street exit and turn left (north) on Hwy 59. Take first driveway on the left (west) side of the highway
- Location Details: Public Transportation Nearby, Industrial Area, Warehouse, See Remarks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Connected, Telephone, Telephone Switch
Structural Information
- # Buildings: 5
- Structure Type: Industrial, Warehouse, Manufacturing Facility
- Construction: Metal, Steel, Concrete, Tilt-Up, Wood
- Foundation: Concrete, Slab
- Roof: Tile, Metal
- Stories/Levels: 1
- Square Feet: 199,471
- Current Bldg. Use: Varies by Unit
- Year Built: 1969
Lot Features
- Lot Size (Acres): 22.3
- Lot Size (Sq. Ft.): 971,388
- Frontage: City Street, Highway Frontage
- Irrigation System: Public District, Meter on Site
- Topography: Level
- Present Use: Varies by Unit
- Zoning: I-H Heavy Ondustrial
Financial Considerations
- Owner Pays: See Remarks
- Tenant Pays: Common Area Maintenance, Sewer, Electricity, Taxes, Trash Collection, Water, Individual Meters, Insurance, Janitorial Services, Maintenance
- Tenant Expense: Common Area Maintenance, Sewer, Electricity, Taxes, Trash Collection, Water, Individual Meters, Insurance, Janitorial Services, Maintenance
Disclosures and Reports
- Special Conditions: None
- APN: 059-450-069
Listed by Tinetti Realty
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Schools
Schools serving 2773 N State Hwy 59
School Districts:Merced Union High School District, Merced City Elementary School District
| Name | Grades | Distance |
|---|---|---|
Joe Stefani 2768 Ranchero Lane, Merced, CA 95348 | 4-6 | 1.9 mi |
Franklin Elementary School, Merced, CA 2936 Franklin Road, Merced, CA 95348 | K-3 | 2.2 mi |
Tenaya Middle School, Merced, CA 760 W. Eighth St., Merced, CA 95340 | 7-8 | 1.7 mi |
El Capitan High 100 W. Farmland, Merced, CA 95348 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2773 N State Hwy 59
Date
Details
Price
Change
Source
1/11/2026
Listed
$15,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2773 N State Hwy 59
Year
Property Taxes
Change
Tax Assessment
Change
2025
$87,358
5%
$7,867,885
1%
2024
$83,033
85%
$7,755,090
87%
2023
$44,816
1%
$4,151,969
1%
2022
$44,573
-4%
$4,101,484
-2%
2021
$46,422
5%
$4,199,103
7%
2020
$44,292
—
$3,932,214
—
2019
$44,361
9%
$3,933,227
2%
2018
$40,536
-5%
$3,861,434
—
2017
$42,886
8%
$3,858,321
8%
2016
$39,795
—
$3,565,813
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2773 N State Hwy 59
2773 N State Highway 59, Merced, CA 95348 (MLS# 226003207) is a Industrial property. 2773 N State Highway 59 is currently listed for $15,995,000 and was received on January 11, 2026. Want to learn more about 2773 N State Highway 59? Do you have questions about finding other Industrial real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

