949.689.1669 | email ROSS
949.689.1669 | email ROSS
Moreno Valley, CA92555
| MLS# IV24208593
Tract:
For Sale $20,075,000
Description
Property is UNPRICED! • Prime 18.39 Acre Apartment Site • 460 Unit Apartment Development Currently Being Entitled • Favorable Downtown Center (DC) Zoning Allows for No Limits on Density • DC Zoning Establishes a Flexible Environment for Creative/ Transformative Projects • Down the Street from Future Town Center at Moreno Valley - A Mixed-Use Project with up to 800 Homes and 220,000 SF of Commercial Uses • City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years • Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City • An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in Winter of 2024 • Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion • Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City
Facts
| Built in | Lot Size: 801068.40 sqft | HOA Dues: $0/month
Features
Listing provided by JERRY STEPHENS, DIVERSIFIED REALTY INC.
Based on information from California Regional Multiple Listing Service, Inc. as of October 29, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Listing provided by: Brian Fischer, Surterre Properties Inc, 949-545-2000, source: Listhub