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Listed by ERIC WASHLE • COLDWELL BANKER COMMERCIAL SC
$ 1,225,000
Est. payment | /mo
42,253 SqFt
$ 1,225,000
Est. payment | /mo
42,253 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 42,253 sqft
Price per Sqft $28
MLS Listing ID CRIV23132535
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Fireplace No
Exterior
View None
Building
Water Public
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Melanie Peterson-Katz
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