0 Nason StMoreno Valley, CA 92555

Property Details for 0 Nason St

Lot size

17.97 AC

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional 17.97-acre land parcel in Moreno Valley, California, presents a unique investment opportunity for medical office development. Located in Riverside County, with APN 486-290-(036-037), the property is zoned for Office (O) use and offers fee simple ownership. Previously entitled (entitlements expired 4/17/21) for over 300,000 square feet of medical office space and skilled nursing facilities, the site enjoys strong city support for similar medical projects. Its strategic location directly across from Riverside University Health System Medical Center—a 6,000-employee hospital with a $1.6 billion economic impact—provides unparalleled access to a substantial workforce and patient base. Moreno Valley's robust economic growth, evidenced by over 30,000 new jobs created in the last decade, further enhances the property's value. The proximity to the World Logistics Center (WLC), a 40.6 million-square-foot project generating a $2 billion annual economic benefit and an additional 20,000 jobs (groundbreaking in 2025), and the new Kaiser Medical Center expansion (adding 1,125,000 square feet and 4,000 jobs), solidifies this location as a burgeoning medical hub. Furthermore, the property's half-mile distance to the Town Center at Moreno Valley (a mixed-use project with 800 homes and 220,000 square feet of commercial space, completion in 2025) ensures a thriving surrounding community. This is a rare opportunity to capitalize on Moreno Valley's explosive growth and establish a significant presence in this rapidly expanding medical market. The address is Nason Street, Moreno Valley, CA 92555.

Location Insight

City

Moreno Valley

County

Riverside

State

California

Latitude

33.9135

Longitude

-117.191

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