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$1,225,000
Est. payment /mo
0.97 Acres Lot
UPDATED:
12/05/2024 05:32 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV23132535
HOA Y/N No
Lot Size 0.970 Acres
Property Description
The property consists of approximately 0.99 acres (43,125 sqft) located on Olive Wood Plaza Drive in Moreno Valley, CA. The property is adjacent to Highway 60 with excellent visibility and freeway frontage. Electronic billboard signage is allowed as well as building signage. Highway 60 has traffic counts of approximately 120,000 cars per day. The property is located just north of Sunnymead Blvd, one of Moreno Valley’s main retail corridors which has traffic counts of approximately 20,000 cars per day. The property is an infill lot with curb, gutter as well as all utilities, some on the property with the rest in the street. Sewer and water are serviced by EMWD. Surrounding the property are medical offices, restaurants, and auto-service retailers. The site is proposed for hotel development which is permitted under the Corridor Mixed Use zoning.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning Mixed Use
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N No
View None
Building
Lot Description Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 292241015
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by ERIC WASHLE • COLDWELL BANKER COMMERCIAL SC • 714-323-3862