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Property Description
Exceptional multi-tenant industrial investment opportunity featuring just under 200,000 square feet of improvements on 22.3 acres, including approximately 8.27 acres of excess developable land for future expansion. Strategically located with gated access from both Highway 59 and Cooper Avenue, this property offers an outstanding combination of stable income, owner-user flexibility, and long-term upside. Property includes 5 primary buildings totaling nearly 200,000 SF, consisting of office, warehouse, manufacturing, refrigerated storage, and distribution space. Building A features a modern 7,126 SF office building and a 2,400 SF metal shop built in 2021. Building B is a 15,540 SF fully sprinklered warehouse with 22-foot clear height and eight roll-up doors. Building C offers 70,902 SF with approximately 3,400 SF of office space, eight recessed truck docks, and 3,000-amp electrical service. Building D is a 98,239 SF concrete tilt-up distribution facility with 24-foot clear height, 2,000-amp electrical service, and two refrigerated cooler rooms totaling approximately 25,000 SF. As of January 1, 2026, the property generated gross scheduled income of approximately $1.6 million annually (Approximately $133,500 Monthly) with a combination of long-term leased space and significant vacant area available for immediate occupancy or lease-up. Buildings C and D together provide approximately 169,000 SF of contiguous industrial space, creating excellent opportunities for manufacturing, food processing, cold storage, logistics, or distribution users. Recent ownership investments exceed $2 million, including comprehensive flood protection improvements and rooftop solar installations serving Buildings C and D. The solar system is included in the sale at no additional cost. The property also benefits from electrical service provided by Merced Irrigation District (MID), offering potential utility cost savings compared to traditional providers. This is a rare opportunity to acquire a large-scale industrial campus with existing cash flow, value-add leasing potential, expansion acreage, and flexible owner-user possibilities in one of the Central Valley's growing industrial markets.
Full Property Details
Full Property Details for 2773 N State Hwy 59
General
- Price: $15,997,500
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226090119
- Updated: 7/16/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Printing, Storage, Other
Interior
- Flooring: Concrete
Additional Information
- Other Features: 12 to 18 Ft Ceilings, Other Restroom Facilities, Cold Storage, Refrigeration, Extra Storage, See Remarks
Parking
- Parking: Fenced
Location
- County: Merced
- Cross Streets: 16th Street
- Driving Directions: From southbound Hwy 99 take 16th Street exit turn left on Hwy 59 take first driveway on the left (west) side of the road
- Location Details: Business Park, Industrial Area, Warehouse
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- # Buildings: 5
- Structure Type: Industrial, Warehouse
- Construction: Steel, Concrete
- Foundation: Concrete
- Roof: Metal
- Stories/Levels: 0
- Square Feet: 199,667
- Current Bldg. Use: Heavy Industrial, Light Industrial, Light Manufacturing, Warehouse
Lot Features
- Lot Size (Acres): 22.3
- Lot Size (Sq. Ft.): 971,388
- Frontage: Highway Exposure, Highway Frontage
- Irrigation System: Public District
- Topography: Level
- Present Use: Heavy Industrial, Light Industrial, Light Manufacturing, Warehouse
- Zoning: I-L
- Lot Description: See Remarks
Financial Considerations
- Tenant Pays: Common Area Maintenance, See Remarks
- Tenant Expense: Common Area Maintenance, See Remarks
Disclosures and Reports
- Special Conditions: None
- APN: 059-450-069-000
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 ATTOM Data Solutions 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
7/16/2026
Listed
$15,997,500
—
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# 226090119) is a Single Family property with 0 bedrooms and 0 full bathrooms. 2773 N State Highway 59 is currently listed for $15,997,500 and was received on July 16, 2026. Want to learn more about 2773 N State Highway 59? Do you have questions about finding other Single Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

