$1,100,000

About this home

Centennial Advisers is pleased to present a prime development opportunity to acquire a 70,000 sq ft site in Moreno Valley, California, offered at $1,100,000. Strategically positioned near the I-215/Cactus Avenue interchange, the property offers unparalleled freeway access, sitting directly across from the March Air Reserve Base and at the gateway to the city's primary commercial corridor. The site is development-ready with completed infrastructure, including curbs, gutters, and all utilities available in the street. Its versatile BPX (Business Park-Mixed Use) zoning supports a wide range of uses, and the property was previously approved for an 81-unit hotel, with plans and engineering work available to a new owner. Situated just minutes from Moreno Valley City Hall and the Moreno Valley Mall, the site benefits from an established commercial ecosystem with adjacent restaurants and gas stations. The property is located in the second largest city in Riverside County, providing access to a consumer base of over 4 million people within a 20-mile radius. This development-ready site, offered by a motivated seller with assumable financing available, presents an exceptional opportunity for an investor to capitalize on Moreno Valley's expanding commercial landscape and robust market fundamentals.

Facts & features

Location