60 Moreno Bch Ave And FwyMoreno Valley, CA 92555

Property Details for 60 Moreno Bch Ave And Fwy

Lot size

13.90 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 13.9-acre commercial land parcel in Moreno Valley, CA (APN 488-080-025), presents a unique investment opportunity. Located at Moreno Beach Ave and Freeway 60, this fee simple property boasts unparalleled visibility from the 60 Freeway, exceeding 76,000 cars daily, and offers excellent pylon sign potential. The site is zoned H/OC and benefits from a brand-new freeway interchange on Moreno Beach Drive, completed in 2024. Its strategic location places it adjacent to a future 531-unit residential project by Pacific Communities, including a city aquatic center, and in close proximity to the Riverside University Health System Medical Center (6,000 employees, $1.6 billion economic impact) and a new Kaiser Medical Center expansion (1,125,000 sq ft, 4,000 new jobs). Furthermore, the property's proximity to the World Logistics Center (WLC), a 40.6 million square foot project generating $2 billion annually and 20,000 new jobs, underscores its significant long-term growth potential. Moreno Valley's robust job market, with over 30,000 jobs created in the last decade, further enhances the investment appeal of this exceptional property. This is a rare opportunity to acquire a large, strategically located commercial parcel in a rapidly growing area. The 605,484 square foot lot offers significant development potential for a variety of commercial uses.

Location Insight

City

Moreno Valley

County

Riverside

State

California

Latitude

33.9405

Longitude

-117.18

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