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28131 Brodiaea Ave

Moreno Valley, CA 92555
  • $7,500,000
  • STATUS: ACTIVE
  • ON SITE: 87 Days
  • ID#: NP22190886
UPDATED: 62 min ago
$7,500,000
  • 0
    BEDS
  • 14.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Up & coming development area of Moreno Valley. This area is moving at a feverish pace. Project can be used for mixed use of over 429 apartments and 120,000 sq ft of retail space or other forms of multi family and mixed use and/or potential for 72 SFR. The developers plans included transit stops, bike ride share, bike paths & storage, walk paths, community park, green buildings, use of renewable materials, street expansion, new signage, and a community center. The development, construction, and commercial operations at the project are intended to, and will, bring significant jobs and business to the City of Moreno Valley and the surrounding area. it is currently projected that the project, during construction will create more than 300 full-time jobs, and after completion and full stabilization, more than 600 permanent full-time jobs will be created by the project. At pre entitlement stage...finalization to be processed by the buyer. Potential value to be 2x-3x after entitlements. Zoned R3 with SB 9 & 10 Up & coming development area of Moreno Valley. This area is moving at a feverish pace. Project can be used for mixed use of over 429 apartments and 120,000 sq ft of retail space or other forms of multi family and mixed use and/or potential for 72 SFR. The developers plans included transit stops, bike ride share, bike paths & storage, walk paths, community park, green buildings, use of renewable materials, street expansion, new signage, and a community center. The development, construction, and commercial operations at the project are intended to, and will, bring significant jobs and business to the City of Moreno Valley and the surrounding area. it is currently projected that the project, during construction will create more than 300 full-time jobs, and after completion and full stabilization, more than 600 permanent full-time jobs will be created by the project. At pre entitlement stage...finalization to be processed by the buyer. Potential value to be 2x-3x after entitlements. Zoned R3 with SB 9 & 10

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/132602025
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28131 Brodiaea Ave Moreno Valley, CA 92555

  • Price: $7,500,000
  • Status: ACTIVE
  • On Site: 87 Days
  • Updated: 62 min ago
  • ID#: NP22190886
0
Beds
0
Baths
0
½ Baths
14.44
Acres
Neighborhood:
Riv Cty-Moreno Valley (92555)
County:
Riverside
Area:
Riv Cty-Moreno Valley (92555)
Property Description
Up & coming development area of Moreno Valley. This area is moving at a feverish pace. Project can be used for mixed use of over 429 apartments and 120,000 sq ft of retail space or other forms of multi family and mixed use and/or potential for 72 SFR. The developers plans included transit stops, bike ride share, bike paths & storage, walk paths, community park, green buildings, use of renewable materials, street expansion, new signage, and a community center. The development, construction, and commercial operations at the project are intended to, and will, bring significant jobs and business to the City of Moreno Valley and the surrounding area. it is currently projected that the project, during construction will create more than 300 full-time jobs, and after completion and full stabilization, more than 600 permanent full-time jobs will be created by the project. At pre entitlement stage...finalization to be processed by the buyer. Potential value to be 2x-3x after entitlements. Zoned R3 with SB 9 & 10 Up & coming development area of Moreno Valley. This area is moving at a feverish pace. Project can be used for mixed use of over 429 apartments and 120,000 sq ft of retail space or other forms of multi family and mixed use and/or potential for 72 SFR. The developers plans included transit stops, bike ride share, bike paths & storage, walk paths, community park, green buildings, use of renewable materials, street expansion, new signage, and a community center. The development, construction, and commercial operations at the project are intended to, and will, bring significant jobs and business to the City of Moreno Valley and the surrounding area. it is currently projected that the project, during construction will create more than 300 full-time jobs, and after completion and full stabilization, more than 600 permanent full-time jobs will be created by the project. At pre entitlement stage...finalization to be processed by the buyer. Potential value to be 2x-3x after entitlements. Zoned R3 with SB 9 & 10
Property Features

Cfd Mello Roos Fee 246.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Terms Cash

San Diego MLS logo Listing provided courtesy of Viking Real Estate And Inv.: [IDXCONTACTINFORMATION]. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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