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$990,000
Est. payment /mo
71.5 Acres Lot
UPDATED:
12/05/2024 05:34 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV23100336
HOA Y/N No
Lot Size 71.500 Acres
Property Description
*** A WHOLE LOT OF LAND - BUY LOW, SELL HIGH - Is certainly the Maxim for this grand investment opportunity. Situated south of Alessandro Blvd, on the east side of Gilman Springs Rd - for which the Road Safety / Widening project has been funded and approved. The sales price includes (4) adjoining parcels that total 71.5 Acres: APN’s 422-180-005, 006, 007 and 008. Designated easement access roads include Laurene Lane & Big Nash Road, with Quail Ranch Golf Course directly to the south. And directly across Gilman Springs Rd is the approved “World Logistic Center” project. The World Logistics Center project is a proposed major industrial and transportation project. Being in the “Path to growth”, these parcels could offer a great development opportunity for the shrewd investor, as well as a being an ideal vehicle for a 1031 Exchange placement. The Property is not annexed into the City of Moreno Valley but is in the Moreno Valley Sphere of Influence. All information provided in this listing should be independently verified by the prospective buyer. SELLER MOTIVATED, seller may carry. BRING ALL OFFERS. Parcels to be sold in “As is” condition.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning W-2-1
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Water Not Available
View Y/N Yes
View Hills, Lake, Mountain(s), Valley
Building
Lot Description Agricultural, Value In Land
Water None
New Construction No
Others
Senior Community No
Tax ID 422180005
Acceptable Financing Owner May Carry, Submit
Listing Terms Owner May Carry, Submit
Special Listing Condition Standard
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Listed by RUDY ALANIS • MeridianReal Estate / Management / Investments • 909-376-6441