Active

26995 Alessandro Boulevard

Moreno Valley CA, 92555

$9,000,000


$26.22 per sqft

Active

7.88 Acres

Land

Listed by JERRY STEPHENS with DIVERSIFIED REALTY INC. [email protected]

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

IV24208620

MLS ID

October 8, 2024

Listed

December 5, 2024

Updated

Map

26995 Alessandro Boulevard
Moreno Valley CA, 92555

Exterior/Building Features

Lot Size

7.88 Acres


Lot Features

Level

Other Property Details

Area Name

259 - Moreno Valley


Days on Market

47


Garage

No


View

Yes


View Description

Mountain(s)


County

Riverside


Water Source

Other


Pool

No


Zoning

(DC) Downtown Center

Listing History

Date

Event

Price

10/8/2024

Price change

$9,000,000

8999900%

Listing Contact: 951-567-3849 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 4:57 AM UTC

 

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