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Listed by JERRY STEPHENS • DIVERSIFIED REALTY INC.
$ 9,000,000
Est. payment | /mo
343,252 SqFt
$ 9,000,000
Est. payment | /mo
343,252 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 343,252 sqft
Price per Sqft $26
MLS Listing ID CRIV24208620
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 7.880 Acres
Property Description
Property is UNPRICED! • Prime 7.88 Acre Apartment Site • Favorable Downtown Center (DC) Zoning Allows for No Limits on Density • DC Zoning Establishes a Flexible Environment for Creative/Transformative Projects • Close Proximity to Town Center at Moreno Valley - A Mixed Used Project With up to 800 Homes and 220,000 SF of Commercial Use, to Be Completed in 2025 • 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 Fall of 2023 • 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
Interior
Fireplace No
Exterior
View Mountain(s)
Building
Lot Description Level
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