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Coldwell Banker Commercial is pleased to present the opportunity to acquire a prime industrial building and development opportunity at 196 Riggs Avenue in the city of Merced, CA. The property features an existing 4,800 square foot warehouse building on 2.1 acres with approved plans for 3-additional buildings. The site is located in the Merced Airport Industrial Park off Riggs Avenue and S West Avenue, about 1.2 miles from Highway 140, 1.3 miles from Highway 99, and 1.2 miles from Highway 59. Tenant has a Franchise agreement that ends in October of 2021 and is willing to complete a sale/leaseback for the remainder of the agreement term.
Listing agent: Daniel Del Real DRE #01501195 dan@gonellarealty.com, Listing office: CB Commercial, Gonella Realty
MLS data updated 10/26/2026, 5:46:45 AM PT
Source: CRMLS, MLS #: MC20199369
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 31, 2020
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 95341 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.