For Sale
$4,000,000

Juniper Ave Moreno Valley, CA 92555

17.95 Acres, Prime Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 17.95-acre land parcel presents a remarkable residential development opportunity in Moreno Valley, CA. Located at the corner of Petite and Juniper Ave, north of Interstate 60, this property boasts a flat topography and favorable pre-application response to increase density from R2 to R3 + R5 for interior tracts. The three parcels (APN: 473-280-013, 473-300-005, 473-300-004) are situated in a strategic location, surrounded by R2 zoned land to the immediate north and south. East and west boundaries are primarily vacant land, while the south borders the World Logistics Center, California's largest industrial logistics business park (40.6 million sq ft). The property's proximity to major freeways (I-60, I-215, I-10) and Lake Perris State Recreation Area provides excellent accessibility. This central location offers easy access to San Bernardino and Los Angeles Counties to the north and a logistical corridor to San Diego County to the south. The asking price is $4,000,000 ($222,841/acre). The zoning is currently RA2. This is a unique opportunity for developers to capitalize on Moreno Valley's growth, particularly given the city's ongoing upgrades to meet the high-density residential needs driven by the surge in retail, warehouse, and logistics construction. Note: Parcels are sold together

Highlights

  • Excellent redevelopment opportunity in a rapidly growing area with high demand for residential units driven by significant retail, warehouse, and logistics development.
  • Prime location poised for substantial appreciation due to ongoing city infrastructure improvements and increased population density.

Property Details for 0 Juniper Ave

Property type
Land
Lot Size (sq. ft)
781,902 SF

Location Insight

City
Moreno Valley
County
Riverside
State
California
Latitude
33.9500322
Longitude
-117.1581452

FAQs

What type of property is this?
Land - 17.95 Acres, Prime Development Opportunity
Where is the land located?
The property is located at Juniper Ave Moreno Valley, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Excellent redevelopment opportunity in a rapidly growing area with high demand for residential units driven by significant retail, warehouse, and logistics development.; Prime location poised for substantial appreciation due to ongoing city infrastructure improvements and increased population density.;
How can I contact the broker?
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0 Juniper Ave
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