CA > Moreno Valley
Moreno Valley, CA 92555,28057 Bay AVE
Moreno Valley, CA 92555,28057 Bay AVE
Moreno Valley, CA 92555,28057 Bay AVE
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$21,000,000
Est. payment /mo
21.19 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25143930

HOA Y/N No

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

Interior

Fireplace No

Exterior

Community Features Valley

View Y/N No

View None

Building

Lot Description 26-30 Units/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 478060018

Acceptable Financing Cash, 1031 Exchange, Land Use Fee

Listing Terms Cash, 1031 Exchange, Land Use Fee

Special Listing Condition Standard

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CRMLS – RECore
Listed by JERRY STEPHENS DIVERSIFIED REALTY INC. 951-567-3849
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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