Olive Wood Plaza Dr

Moreno Valley, CA 92553

  • 0 Sqft
  • 42253
    Sqft(Lot)
$1,225,000

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, auto- service retailers, and a hotel. a new hotel is currently going through the city approval process for the 1-acre infill lot to west.



the city previously approved plans and specifications for a 3 story class a 21,000 + rentable sf office building on this site. the extensive frontage on olive wood plaza drive is extended on site as the building design used provides for an angled front entrance that matches the east side property angle. this creates a striking presentation of the structure as you enter the area from sunnymead blvd. while the building is currently designed for 4 per 1,000 parking, resources exist for a 5 per 1,000 parking and upsized gross sf building of approximately 25,000 sf. please refer to the following pages for renderings and floor plans. owner is willing to negotiate his rights and associated design team to the utilize the existing plans and specifications that would cut both the design and re-entitlement costs and development timing essentially in half. entrances on the east and west side have been dedicated to the city.

  • Property Type

    Land
  • County

    Riverside
  • Style

    Land
  • AD ID

    44535876

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BuyOwner last updated this listing 04/29/2024 @ 08:14

  • MLS: IV23132535
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

Buyer Agency Compensation: 2%
Offer of compensation is made only to participants of the MLS where the listing is filed.

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 42,253 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Moreno Valley , in zip code 92553, this Riverside County Land are nearby neighborhoods.