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    24811 Rivard Rd Moreno Valley, CA 92551

    Sponsored
    For Sale
    $9,000,000

    Prime 4.89-acre industrial office, fully entitled.

    Property size:
    2,473 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Moreno Valley property, located at 24811 Rivard Rd, 92551, offers a unique blend of industrial and executive office space. The 2,473 square foot building sits on a substantial 4.89-acre lot, zoned for Industrial/Business Park use. The asking price is $9,000,000, translating to $42.25 per square foot. The property boasts a convenient location near the 215 Freeway, providing excellent access to major transportation routes. Development is simplified with an approved Conditional Use Permit (CUP) for truck trailer storage and an approved grading permit, making it ready for immediate completion. The property is fully entitled, eliminating lengthy permitting processes. Fiber optic internet is available. The property's APN is 316190012,316190049. This is an outstanding opportunity for investors seeking a versatile and strategically located commercial property in Riverside County, California. The property's proximity to a future fire station further enhances its desirability. This ready-to-develop site presents a significant advantage for businesses seeking a well-positioned and fully permitted location.

    Property Features for 24811 Rivard Rd

    General Information

    Property type
    Land
    Square Feet
    2,473 SF
    Lot Size
    213,008 SF

    HighLights

    • $9,000,000 asking price for 2,473 SF office/industrial building on a 4.89‑acre lot.
    • Located at 24811 Rivard Rd, Moreno Valley, CA 92551.
    • $42.25/SF price per square foot.
    • Industrial/Business Park zoning.
    • Approved Conditional Use Permit (CUP) for truck trailer storage; grading permit approved and fully entitled.
    • Excellent freeway access near the 215 Freeway.
    Property Profile Location Intelligence

    Current Use by Public Records

    PoleStar Transport Inc. Transportation Service RoadJet Transport Inc. Transportation Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.2296495
    Latitude
    33.8720076

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    FAQs

    What type of property is this?
    Land - Prime 4.89-acre industrial office, fully entitled.
    Where is this land located?
    The property is located at 24811 Rivard Rd Moreno Valley, CA.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: $9,000,000 asking price for 2,473 SF office/industrial building on a 4.89-acre lot.; Located at 24811 Rivard Rd, Moreno Valley, CA 92551.; $42.25/SF price per square foot.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24811 Rivard Rd Moreno Valley, CA 92551
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