26995 Alessandro BlvdMoreno Valley, CA 92555

Property Details for 26995 Alessandro Blvd

Lot size

7.88 AC

Zone code

RA01

Property type

Commercial land

APN

486-270-021

APU

486270021

Description

This exceptional 7.88-acre commercial land parcel, located at 26995 Alessandro Blvd, Moreno Valley, CA 92555 (APN 486-270-021), offers a unique opportunity for high-density residential development. Zoned for Office Commercial (OC), this fee simple property boasts prime positioning near significant growth catalysts. Its proximity to the Town Center at Moreno Valley, a mixed-use project slated for completion in 2025, encompassing up to 800 homes and 220,000 square feet of commercial space, ensures strong future demand. Moreno Valley's robust economic expansion, evidenced by over 30,000 jobs created in the last decade and an additional 20,000 projected from the upcoming WLC project (groundbreaking in 2025), makes this a highly attractive investment. The site's strategic location near 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 solidifies its potential. This exceptional location, coupled with the substantial projected job growth, presents a compelling opportunity for developers seeking a high-return investment in a rapidly expanding market. The property is offered as a fee simple ownership.

• Alternative Use

  Use

  Valuation

  Residential

  $107,982,480

  Hospitality

  $98,911,368

  Educational

  $82,293,096

  Medical

  $85,123,288

  Retail

  $128,011,488

Location Insight

City

Moreno Valley

County

Riverside

State

California

Latitude

33.9164

Longitude

-117.193

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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