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Investment Highlights

  • Prime Location
  • Versatile BPX Zoning
  • Established Commercial Area
  • Development-Ready 70,000 Sqft Site
  • Previously Approved Plans
  • High-Growth Area

Executive Summary

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.

Property Facts

Price $1,522,510 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
  • Motel
Total Lot Size 1.61 AC
Zoning BPX - Planned District

1 Lot Available

Lot

Price $1,522,510 CAD
Price Per AC $945,680.09 CAD
Lot Size 1.61 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
297-130-043
Land Assessment
$2,498,595 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,498,595 CAD
  • Listing ID: 40094109

  • Date on Market: 2026-04-09

  • Last Updated:

  • Address: SE of Elsworth St and Cactus ave, Moreno Valley, CA 92553

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