$1,200,000
Moreno Valley, CA 92557
Riverside
County
Land
Property Type
Seize this exceptional investment opportunity in the heart of Moreno Valley’s rapidly developing commercial corridor! Per the city of Moreno Valley: The parcel 291-050-002 is Zoning Type: CC. Community Commercial District (CC). The primary purpose of the community commercial (CC) district is to provide for the general shopping needs of area residents and workers with a variety of business, retail, personal and related or similar services. This expansive 2.86-acre parcel is zoned for commercial use, offering a blank canvas for visionary investors and developers. Situated at 21665 Box Springs Rd, this property boasts prime accessibility, with excellent proximity to major roads, nearby shopping, and a surge of new multi-family residential developments surrounding the area. Property is being sold for land value only, the property features two existing structures, including a 6-bedroom, 4-bathroom home built in 1978, predating Moreno Valley’s establishment as a city. Please note, per city regulations, the home is zoned strictly for commercial use only, presenting a unique opportunity for adaptive reuse or redevelopment. With existing power and water utilities already in place, this site is primed for your next commercial venture. Don’t miss this rare chance to secure a high-potential commercial property in a booming area! For more details or to discuss development possibilities, please contact the listing agent today.
$6,387/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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