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Listed by JERRY STEPHENS • DIVERSIFIED REALTY INC.
$ 21,000,000
Est. payment /mo
New
28057 Bay Avenue Moreno Valley, CA 92555
21.19 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV-25143930
Lot Size 21.190 Acres
Property Description
-Prime 21.19 Acre Apartment Site -500 Unit Apartment Development to have Full Entitlements by Fall 2025 -Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024 -City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years -Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City -An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in 2025 -Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion -Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R30
Exterior
Community Features Valley
View Y/N No
View None
Building
Lot Description 26-30 Units/Acre