For Sale
Call for price

0 Cactus AveMoreno Valley, CA 92555

9.39 Acres, R10 Rezoning Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 9.39-acre residential land parcel presents a unique investment opportunity in Moreno Valley, CA. Currently zoned RA2, the property offers significant potential for rezoning to R10, allowing for a high-density residential development of up to approximately 94 homes per acre. The site's prime location benefits from Moreno Valley's robust economic growth, fueled by over 30,000 new jobs created in the last decade. This growth is further amplified by the imminent addition of 20,000 jobs from the recently approved World Logistics Center (WLC), a massive 40.6 million square foot project projected to generate a $2 billion annual economic benefit. The property's proximity to major employment centers, including the Riverside University Health System Medical Center (6,000 employees, $1.6 billion economic impact) and the expanding Kaiser Medical Center project (adding 1,125,000 square feet and 4,000 jobs), further enhances its desirability. The property is offered fee simple and features APN 486-570-010. Located on Cactus Ave, Moreno Valley, CA 92555, this land presents a compelling opportunity for developers seeking to capitalize on Moreno Valley's thriving market and significant job growth. Serious inquiries only.

Highlights

  • 9.39-acre residential land parcel in Moreno Valley, CA, ideal for townhome or cluster single-family development.
  • Potential for R10 rezoning (10 units per acre).
  • Moreno Valley has experienced over 30,000 new jobs in the last decade.
  • The approved World Logistics Center (WLC) will add 20,000 jobs.
  • Near Riverside University Health System Medical Center (6,000 employees, $1.6 billion economic impact).
  • Proximity to the expanding Kaiser Medical Center project (1,125,000 sq ft expansion, 4,000 new jobs).

Property Details for 0 Cactus Ave

Property type
Land
Lot Size (sq. ft)
409,028 SF

Location Insight

City
Moreno Valley
County
Riverside
State
California
Latitude
33.910130350102
Longitude
-117.18719716395
Cactus Ave, Moreno Valley, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Cactus Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message