Century 21 Select is pleased to present 901 Commerce Avenue in Atwater California. This property is a 2022 build with an absolute NNN corporate guaranteed lease to Oil Changers recently acquired by Valvoline Inc in 2025.The lot size is approximately .92 acres and the building size is approximately 1,794 sqft. The subject property sits directly across a Target, Walmart supercenter, Marshalls and Applebee's just to name a few of the strong tenants in the immediate area. Along with the property being surrounded by many strong tenants it is also near the on and off ramps of HWY 99 adding to the parcel's long term value. The building was completed in 2022 and has an initial term of 15 years that commenced in November 2022. At the time of listing there are approximately 11 years left of the initial term. The next rent increase will be in Nov 2027. The property is listed at a pro forma cap rate of 4.25% reflecting the next rent increase in November 2027 however the seller is willing to credit the difference of the current rent amount and the pro forma cap rate assuming the sale is closed before the next rent increase.
Details
MLS #
MC26214615
Listing Type
For Sale
Style
Specialpurpose
Sub-Type
Resale
Status
Active
Days On Site
45
Listing Provided By
Century 21 Select Real Estate | Nickolas Queen
Features
SQ Feet
1,794
Story(s)
1
Acreage
0.93
Exterior
Lot Features
Lot Over40000Sqft
Area Information
State
CA
County
Merced
City
Atwater
Zip Code
95301
Listing VS Median (in 95301)
Price: $3,495,000
low | high
Med: $437,450
100% of Average
sqft: 1,794
low | high
Med: 1,796
49.888517279822% of Average
$ / sqft: $1,948
low | high
Med: $246
100% of Average
On site: 45
low | high
Med: 103
43.68932038835% of Average
Sourced by Back At You
Market Activity 95301
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Oct 2026
Sales: 2
Avg $ Per SqFt: $281.28
Min Sale Price: $385,000
Max Sale Price: $460,000
Med Sale Price: $422,500
Date: Sep 2026
Sales: 7
Avg $ Per SqFt: $227.34
Min Sale Price: $65,000
Max Sale Price: $450,000
Med Sale Price: $289,000
Date: Aug 2026
Sales: 9
Avg $ Per SqFt: $327.65
Min Sale Price: $130,000
Max Sale Price: $1,200,000
Med Sale Price: $650,000
Date: Jul 2026
Sales: 10
Avg $ Per SqFt: $285.46
Min Sale Price: $45,000
Max Sale Price: $940,000
Med Sale Price: $415,000
Date: Jun 2026
Sales: 23
Avg $ Per SqFt: $256.68
Min Sale Price: $53,000
Max Sale Price: $585,000
Med Sale Price: $424,500
Date: May 2026
Sales: 15
Avg $ Per SqFt: $475.55
Min Sale Price: $110,000
Max Sale Price: $3,500,000
Med Sale Price: $419,000
Date: Apr 2026
Sales: 18
Avg $ Per SqFt: $269.98
Min Sale Price: $60,000
Max Sale Price: $947,500
Med Sale Price: $450,000
Date: Mar 2026
Sales: 23
Avg $ Per SqFt: $272.11
Min Sale Price: $56,000
Max Sale Price: $1,159,000
Med Sale Price: $435,000
Date: Feb 2026
Sales: 9
Avg $ Per SqFt: $255.17
Min Sale Price: $37,950
Max Sale Price: $700,000
Med Sale Price: $415,000
Date: Jan 2026
Sales: 9
Avg $ Per SqFt: $346.65
Min Sale Price: $150,000
Max Sale Price: $1,001,000
Med Sale Price: $415,000
Date: Dec 2025
Sales: 3
Avg $ Per SqFt: $250.09
Min Sale Price: $399,000
Max Sale Price: $445,000
Med Sale Price: $434,000
Date: Nov 2025
Sales: 2
Avg $ Per SqFt: $236.26
Min Sale Price: $360,000
Max Sale Price: $465,000
Med Sale Price: $412,500
Sourced by Back At You
Oct 2026
Sales:
2
Avg $ Per SqFt:
$281.28
Min Sale Price:
$385,000
Max Sale Price:
$460,000
Med Sale Price:
$422,500
Sep 2026
Sales:
7
Avg $ Per SqFt:
$227.34
Min Sale Price:
$65,000
Max Sale Price:
$450,000
Med Sale Price:
$289,000
Aug 2026
Sales:
9
Avg $ Per SqFt:
$327.65
Min Sale Price:
$130,000
Max Sale Price:
$1,200,000
Med Sale Price:
$650,000
Jul 2026
Sales:
10
Avg $ Per SqFt:
$285.46
Min Sale Price:
$45,000
Max Sale Price:
$940,000
Med Sale Price:
$415,000
Jun 2026
Sales:
23
Avg $ Per SqFt:
$256.68
Min Sale Price:
$53,000
Max Sale Price:
$585,000
Med Sale Price:
$424,500
May 2026
Sales:
15
Avg $ Per SqFt:
$475.55
Min Sale Price:
$110,000
Max Sale Price:
$3,500,000
Med Sale Price:
$419,000
Apr 2026
Sales:
18
Avg $ Per SqFt:
$269.98
Min Sale Price:
$60,000
Max Sale Price:
$947,500
Med Sale Price:
$450,000
Mar 2026
Sales:
23
Avg $ Per SqFt:
$272.11
Min Sale Price:
$56,000
Max Sale Price:
$1,159,000
Med Sale Price:
$435,000
Feb 2026
Sales:
9
Avg $ Per SqFt:
$255.17
Min Sale Price:
$37,950
Max Sale Price:
$700,000
Med Sale Price:
$415,000
Jan 2026
Sales:
9
Avg $ Per SqFt:
$346.65
Min Sale Price:
$150,000
Max Sale Price:
$1,001,000
Med Sale Price:
$415,000
Dec 2025
Sales:
3
Avg $ Per SqFt:
$250.09
Min Sale Price:
$399,000
Max Sale Price:
$445,000
Med Sale Price:
$434,000
Nov 2025
Sales:
2
Avg $ Per SqFt:
$236.26
Min Sale Price:
$360,000
Max Sale Price:
$465,000
Med Sale Price:
$412,500
MLS#: MC26214615 Listed By: Nickolas Queen - Century 21 Select Real Estate - 2093832171- pbyrd@selectgroupre.com
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MLS#: MC26214615 Listed By: Nickolas Queen - Century 21 Select Real Estate - 2093832171- pbyrd@selectgroupre.com