Goldencrest Dr. & Elsworth St, Moreno Valley, CA 92553

$1,100,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,100,000
Price Change
▼ $398,000 1775680587
Status
ACTIVE
MLS#
PW25260220
Lot Size
70,132
Acres
1.61
Lot Location
Flag Lot, Lot Over 40000 Sqft, Level, No Landscaping, Value In Land
Days on Market
228
Property Type
Commercial
Property Sub Type
Unimproved Land

Property Description

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.

Additional Information

Water
None, Other
Attached Structure
Detached

Listing courtesy of Listing Agent: Justin White (thesbgbp@gmail.com) from Listing Office: Justin White.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.