28057 Bay Avenue
Moreno Valley, CA 92555
21.19 acres | #IV25143930
Description
-Prime 21.19 Acre Apartment Site
-500 Unit Apartment Development to have Full Entitlements by Fall 2025
-Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024
-City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years
-Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City
-An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in 2025
-Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion
-Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City
Property Details
- Lot DescriptionTwentySixToThirtyUnitsAcre
- Original List Price$21,000,000
- MLS #IV25143930
- MLS #IV25143930
- CountyRiverside
- Property TypePurchase
- Cost21000000
- Utility SourcePublic
- Acres21.19
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: JERRY STEPHENSÂ (#ISTEPJER)
Listing Office: DIVERSIFIED REALTY INC. (#IMGS)
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