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- LoopNet Team
Kitching St
Moreno Valley, CA 92557
68 Home Development Opportunity · Land For Sale
·
27.00 AC
INVESTMENT HIGHLIGHTS
- located at the intersection of I-215 and SR-60
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Commercial | Total Lot Size | 27.00 AC |
| Zoning | A1 - light agriculture | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 27.00 AC |
| Zoning | A1 - light agriculture |
DESCRIPTION
CBRE is proud to present the proposed 57-unit BTR development site on approximately 27 acres in the city of Moreno Valley, CA. The property previously had a tentative tract map approved for 57 homes. Over the past several years, Moreno Valley has seen explosive growth in industrial and manufacturing jobs, making the area a regional employment center. Moreno Valley is strategically located at the intersection of I-215 and SR-60, enabling same-day access to Northern California, Nevada, and Arizona. It is also served by March Inland Port Airport and Metrolink. Additionally, Moreno Valley is the second-largest city in Riverside County and 21st largest city in California. It is central to a population exceeding 2 million within a 20- mile trade area. The market is home to more than 260,000 households with strong average incomes surpassing $85,000. The daytime population is also booming, with major workforce expansions by Moreno Valley’s Fortune 500 and global corporations.
PROPERTY TAXES
| Parcel Number | 474-100-025 | Improvements Assessment | $0 |
| Land Assessment | $444,797 | Total Assessment | $444,797 |
PROPERTY TAXES
