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Jerry Barbanell
SOLD
$3,200,000
Date 10/03/2022

0 Spruce Avenue
Moreno Valley, CA 92555

Land
Land Lot
6.9
Acre Lot
Listing Agent: Robert Mendez - Realty Masters & Associates; Bobby.Mendez@kw.com
Home> California> Moreno Valley> 92555
Great Opportunity for Investors to Develop nearly 7 acres for a state-of-the art Project with Prime 60 Freeway Visibility totaling up to 145,964 Cars Per Day according to MPSI County Estimation. Property is currently zoned Highway Office Commercial (H-OC). The Highway Office/Commercial district is a regional gateway between Moreno Beech Dr and the recently approved WORLD LOGISTICS CENTER - the Largest industrial Logistics Business Park in California history (40.6 million SF). Some Allowed Uses in H-OC include: Professional Office Building, Equipment Sales/Repair, Convenience Stores, Hospital/Medical Facility, RV Sales, Truck Sales/Repair, Retail, and more. See permitted uses table in Supplements. With a steadily growing population of over 215k current residents, an annual growth rate of 3.9%, and 2.4 Million people within 20 mile radius, Moreno Valley is becoming one of the fastest growing cities in all of California. More industries and jobs expected as with many Brand New Developments happening within close proximity.
IG22015539
Land Lot - Land, Other
Riverside
6.9 Acres
Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Listing Agent: Robert Mendez - Realty Masters & Associates; Bobby.Mendez@kw.com
Licensed in: DRE# 01971883
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