28057 Bay, Moreno Valley, CA 92555

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$21,000,000

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25143930

Property Sub-Type Lots/Land

Property Description

-Prime 21.19 Acre Apartment Site -500 Unit Apartment Development to have Full Entitlements by Fall 2025 -Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024 -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 2025 -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

Direction Located Near NEC of Moreno Beach dr & Alessandro Blvd, just north & east of the corner

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 478060018

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Listed by JERRY STEPHENS DIVERSIFIED REALTY INC.

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28057 Bay Moreno Valley, CA 92555