24880 San Michele Rd Moreno Valley, CA 92551
- Land
- 2,500 SF
- 2.33 lot acres
Current Use by Public Records
- Exclusive Towing / Towing Service
Property Details for 24880 San Michele Rd
- Lot size
- 2.33 lot acres
- Property size
- 2,500 SF
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.33-acre industrial property in Moreno Valley, CA (APN: 316-190-054), offers a unique investment opportunity. The site boasts a total of 101,451 square feet of land, partially concrete paved and the remainder gravel, and includes two buildings: approximately 1,000 square feet of office space and a 1,500 square foot warehouse/shed. The property features 400 amps of 208/120v power, one drive-in bay, and existing utilities including curb/gutter, electric, water, sewer, and telephone service. Landscaping is in place, and yard lighting is provided. Note that there is no natural gas service. Currently zoned as Industrial Business Park – Specific Plan 208(i), this versatile location holds a Conditional Use Permit (CUP) for towing vehicles and equipment (verification with the city is recommended). Potential uses extend beyond towing to encompass recycling, auto dismantling, industrial outdoor storage, and other heavy industrial applications. Strategically located with easy access to the 215 and 60 freeways, this property enjoys a prime position surrounded by numerous Fortune 500 companies, including Amazon, Proctor & Gamble, and others. Lease terms are $0.25/sf NNN (based on land) or $0.03/sf NETS. This property presents a compelling opportunity for businesses seeking a well-equipped and strategically located industrial space.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moreno Valley
- County
- Riverside
- State
- California
- Longitude
- -117.229
- Latitude
- 33.8705
