REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$20,075,000
Est. payment /mo
18.39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV24208593
HOA Y/N No
Lot Size 18.390 Acres
Property 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
• 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
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning (DC) Downtown Center
Interior
Fireplace No
Exterior
Community Features Park
View Y/N Yes
View Mountain(s)
Building
Lot Description Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 486280002
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
Read Less Info

Listed by JERRY STEPHENS DIVERSIFIED REALTY INC. 951-567-3849
Get More Information
Quick Search
- Homes For Sale in San Francisco, CA
- Homes For Sale in Oakland, CA
- Homes For Sale in Berkeley, CA
- Homes For Sale in Palo Alto, CA
- Homes For Sale in San Jose, CA
- Homes For Sale in Concord, CA
- Homes For Sale in Fremont, CA
- Homes For Sale in Marin, CA
- Homes For Sale in Santa Clara, CA
- Homes For Sale in Daly City, CA
- Homes For Sale in San Ramon, CA
- Homes For Sale in Hercules, CA
- Homes For Sale in Vallejo, CA
- Homes For Sale in Benicia, CA
- Homes For Sale in Fairfield, CA
- Homes For Sale in Redwood City, CA
- Homes For Sale in Richmond, CA
- Homes For Sale in Atherton, CA
- Homes For Sale in Alameda, CA
- Homes For Sale in Hayward, CA
- Homes For Sale in Pleasanton, CA
- Homes For Sale in Livermore, CA
- Homes For Sale in Dublin, CA
- Homes For Sale in San Leandro, CA
- Homes For Sale in Fairfield, CA
- Homes For Sale in Vacaville, CA
- Homes For Sale in Cupertino, CA
- Homes For Sale in Walnut Creek, CA
- Homes For Sale in Dublin, CA
- Homes For Sale in Castro Valley, CA
- Homes For Sale in Mill Valley, CA
- Homes For Sale in Tiburon, CA
- Homes For Sale in Sausalito, CA
- Homes For Sale in Napa, CA
- Homes For Sale in American Canyon , CA
- Homes For Sale in San Rafael, CA
- Homes For Sale in Mountain View, CA
- Homes For Sale in Sunnyvale, CA
- Homes For Sale in Los Gatos, CA