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26001-26499 Alessandro Blvd - Prime 18.39 Acre Apartment Site

18.39 Acres of Residential Land in Moreno Valley, CA 92555

Investment Highlights

  • 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
  • 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 B

Executive Summary

• Prime 18.39 Acre Apartment Site
• 460 Unit Apartment Development Currently Being Entitled with Expected Completion Spring of 2025
• R30 Zoning that allows 30 units per acre
• Adjacent to the Recently Completed Class A 420 Unit Prose Rancho Belago Apartment Community
• Down the Street from Future Town Center at Moreno Valley - A Mixed-Use Project with up to 800 Homes and 220,000 SF of Commercial Uses
• 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

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 18.39 AC

1 Lot Available

Lot

Lot Size 18.39 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 486-280-002
  • 486-280-004
Land Assessment
£5,193,155
Improvements Assessment
£0
Total Assessment
£5,193,155

zoning

Zoning Code R30 (Residential 30 (30 Units per acre))
R30 (Residential 30 (30 Units per acre))
  • Listing ID: 28048234

  • Date on Market: 23/03/2023

  • Last Updated:

  • Address: 26001-26499 Alessandro Blvd, Moreno Valley, CA 92555

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