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$548,000
Est. payment /mo
0.74 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26158562
HOA Y/N No
Lot Size 0.740 Acres
Property Description
Prime Development Opportunity – Pre-approved 3-Lot Subdivision | Potential for Up to 5 Lots
Rare opportunity to acquire an approximately 32,234 sq. ft. corner parcel (approximately 270' x 128') in one of Moreno Valley's rapidly growing areas. This property offers an exceptional development opportunity for builders, developers, and long-term investors.
The property has been pre-approved for subdivision into 3 lots, providing a clear development path for new residential construction. There is also potential to further subdivide the property into up to 5 total lots, subject to additional approvals, requirements, and buyer verification with the City of Moreno Valley and applicable governmental agencies.
The generous lot size, desirable corner location, and approved subdivision create an attractive opportunity to develop multiple residential homes while benefiting from the continued growth and expansion of the surrounding area.
Conveniently located near Rancho Belago, shopping centers, Kaiser Permanente Medical Center, schools, parks, Moreno Valley College, UC Riverside, major employment centers, and the 60 and 215 Freeways. The property is surrounded by established neighborhoods, newer home construction, and ongoing residential and commercial development.
Whether you are looking to develop the approved 3-lot subdivision or explore the possibility of creating up to 5 lots, this property presents a compelling opportunity to capitalize on the continued growth of the Inland Empire.
Buyer to independently verify the approved subdivision, all maps and entitlements, zoning, general plan designation, lot configuration, utilities, access, development standards, additional subdivision potential, and all intended uses with the City of Moreno Valley and Riverside County. Any potential for subdivision into 5 lots is subject to governmental approval and applicable requirements. Information is deemed reliable but not guaranteed. Buyer to conduct their own independent due diligence.
Rare opportunity to acquire an approximately 32,234 sq. ft. corner parcel (approximately 270' x 128') in one of Moreno Valley's rapidly growing areas. This property offers an exceptional development opportunity for builders, developers, and long-term investors.
The property has been pre-approved for subdivision into 3 lots, providing a clear development path for new residential construction. There is also potential to further subdivide the property into up to 5 total lots, subject to additional approvals, requirements, and buyer verification with the City of Moreno Valley and applicable governmental agencies.
The generous lot size, desirable corner location, and approved subdivision create an attractive opportunity to develop multiple residential homes while benefiting from the continued growth and expansion of the surrounding area.
Conveniently located near Rancho Belago, shopping centers, Kaiser Permanente Medical Center, schools, parks, Moreno Valley College, UC Riverside, major employment centers, and the 60 and 215 Freeways. The property is surrounded by established neighborhoods, newer home construction, and ongoing residential and commercial development.
Whether you are looking to develop the approved 3-lot subdivision or explore the possibility of creating up to 5 lots, this property presents a compelling opportunity to capitalize on the continued growth of the Inland Empire.
Buyer to independently verify the approved subdivision, all maps and entitlements, zoning, general plan designation, lot configuration, utilities, access, development standards, additional subdivision potential, and all intended uses with the City of Moreno Valley and Riverside County. Any potential for subdivision into 5 lots is subject to governmental approval and applicable requirements. Information is deemed reliable but not guaranteed. Buyer to conduct their own independent due diligence.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R5
Interior
Fireplace No
Exterior
Fence None
Community Features Street Lights
Utilities Available None, Sewer Not Available, Water Not Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 478090043
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Listed by Vipul Modha Modha Realty, Inc 562-412-7765, DRE #01877360
NEARBY SCHOOL & BUSINESS
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