$1,225,000
For Sale

Olive Wood Plaza Dr

Moreno Valley, CA 92553
0.97 acres | #IV23132535
Listing OfficeCOLDWELL BANKER COMMERCIAL SC
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The property consists of approximately 0.99 acres (43,125 sqft) located on Olive Wood Plaza Drive in Moreno Valley, CA. The property is adjacent to Highway 60 with excellent visibility and freeway frontage. Electronic billboard signage is allowed as well as building signage. Highway 60 has traffic counts of approximately 120,000 cars per day. The property is located just north of Sunnymead Blvd, one of Moreno Valley’s main retail corridors which has traffic counts of approximately 20,000 cars per day. The property is an infill lot with curb, gutter as well as all utilities, some on the property with the rest in the street. Sewer and water are serviced by EMWD. Surrounding the property are medical offices, restaurants, and auto-service retailers. The site is proposed for hotel development which is permitted under the Corridor Mixed Use zoning.

  • Property Details
      • Lot DescriptionValueInLand
      • Original List Price$1,225,000
      • MLS #IV23132535
      • MLS #IV23132535
      • CountyRiverside
      • Property TypePurchase
      • Cost1225000
      • Utility SourcePublic
      • Acres0.97
      • Property SubtypeLand

Location

Mirvat KhouryReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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