26995 Alessandro BLVD Active

Moreno Valley,CA 92555

$ 9000000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV24208620

HOA Y/N No

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

Area 259 - Moreno Valley

Zoning (DC) Downtown Center

Interior

Fireplace No

Exterior

Community Features Sidewalks

View Y/N Yes

View Mountain(s)

Building

Lot Description Level

Water Other

New Construction No

Others

Senior Community No

Tax ID 486270021

Acceptable Financing Cash,1031 Exchange

Listing Terms Cash,1031 Exchange

Special Listing Condition Standard

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