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Memorial Way - Towngate Square 1.96 Acres of Commercial Land in Moreno Valley, CA 92553

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Investment Highlights

±2.2 Acres Fully Approved for Hotel Development
Rough Graded with Off-Site Improvements Complete
Less Than ¾ Mile to I-215 & Less Than 1 Mile to SR-60

Hard Signalized Corner in TownGate Commercial Center
Adjacent to WinCo Foods & Quick Quack Car Wash
Prime Infill Development Opportunity

Executive Summary

The subject property consists of approximately 2.2 acres at the hard signalized corner of Gateway Drive and Memorial Way within Moreno Valley’s established TownGate commercial district. Fully approved for hotel development, the site is rough graded with off-site improvements complete, providing a true shovel ready development opportunity. Surrounded by national retailers, hotels, medical uses, and established residential communities, the property is adjacent to WinCo Foods and Quick Quack Car Wash and directly across from Ayres Hotel & Spa and Costco. Convenient access to Interstate 215 and State Route 60 further enhances the site’s visibility and long-term development potential.

2.2 AC Memorial Way OM

Property Facts

Sale Type	Investment	Proposed Use	Retail Office
No. Lots	1	Total Lot Size	1.96 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	O - Center Mixed Use

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office
Total Lot Size	1.96 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	O - Center Mixed Use

1 Lot Available

Lot

Lot Size	1.96 AC

Lot Size	1.96 AC

1 1

Moderately walkable

60/100

Exceptionally drivable

100/100

Good public transit

60/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Number	291-650-004	Improvements Assessment	$0
Land Assessment	$1,641,766	Total Assessment	$1,641,766

Property Taxes

Parcel Number

291-650-004

Land Assessment

$1,641,766

Improvements Assessment

Total Assessment

$1,641,766

(951) 297-7429

Contacts

Eric Washle
Mike Pizzagoni
Brandon Sudweeks
Coldwell Banker Commercial SC

Listing ID: 41738337
Date on Market: 8/13/2026
Last Updated:
Address: Memorial Way, Moreno Valley, CA 92553

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Memorial Way, Moreno Valley, CA for sale Building Photo- Image 1 of 16 — Posting Pic

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 2 of 16 — Posting Pic3

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 3 of 16 — Posting Pic4

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 4 of 16 — Posting Pic5

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 5 of 16 — dji_fly_20260802_111540_0001_1785694795998_photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 6 of 16 — dji_fly_20260802_111640_0002_1785694795825_photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 7 of 16 — dji_fly_20260802_111728_0003_1785694795685_photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 8 of 16 — dji_fly_20260802_111840_0004_1785694795404_photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 9 of 16 — Building Photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 10 of 16 — dji_fly_20260802_112012_0006_1785694794966_photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 11 of 16 — dji_fly_20260802_112054_0007_1785694794678_photo

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 12 of 16 — Posting Pic6

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 13 of 16 — screenshot

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 14 of 16 — Approved Plan

Memorial Way, Moreno Valley, CA for sale Building Photo- Image 15 of 16 — ExtractPage1

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Memorial Way - Towngate Square

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