Lender Owned | Commercial Land | Financing Available
Financing Available | Motivated Seller | Broker Fee
Marketing description
Centennial Advisers is pleased to present a prime development opportunity to acquire a 70,000 sq ft site in Moreno Valley, California, offered at $1,100,000. Strategically positioned near the I-215/Cactus Avenue interchange, the property offers unparalleled freeway access, sitting directly across from the March Air Reserve Base and at the gateway to the city's primary commercial corridor.
The site is development-ready with completed infrastructure, including curbs, gutters, and all utilities available in the street. Its versatile BPX (Business Park-Mixed Use) zoning supports a wide range of uses, and the property was previously approved for an 81-unit hotel, with plans and engineering work available to a new owner.
Situated just minutes from Moreno Valley City Hall and the Moreno Valley Mall, the site benefits from an established commercial ecosystem with adjacent restaurants and gas stations. The property is located in the second largest city in Riverside County, providing access to a consumer base of over 4 million people within a 20-mile radius.
This development-ready site, offered by a motivated seller with assumable financing available, presents an exceptional opportunity for an investor to capitalize on Moreno Valley's expanding commercial landscape and robust market fundamentals.
Investment highlights
Prime Location: Strategically positioned at I-215/Cactus Ave interchange with excellent freeway visibility, directly across from March Air Reserve Base, 1 mile from City Hall, and 2 miles from Moreno Valley Mall
Development-Ready 70,000 sq ft Site: Flat commercial lot with existing infrastructure including curbs, gutters, fire hydrants, storm drainage, and all utilities in street
Versatile BPX Zoning: Flexible Business Park-Mixed Use zoning permits diverse commercial development including retail, office, medical, hotels, light manufacturing, and specialized commercial uses
Previously Approved Plans: 2018 approval for 81-unit hotel with existing permits, plans, and engineering documentation available
Established Commercial Area: Adjacent to successful gas stations and restaurants, creating a complementary business ecosystem with established customer traffic
High-Growth Market: Located in rapidly expanding Moreno Valley, the second largest city in Riverside County, with access to over 4 million consumers within a 20-mile radius
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