23900-23980 Ironwood Ave Moreno Valley, CA 92557
This exceptional retail opportunity in Moreno Valley, California, presents three available shop spaces ranging from 1,605 to 2,486 square feet within the 57,904 square foot Ironwood Plaza. Located at the northwest corner of Ironwood Avenue and Heacock Street in Riverside County (zip code 92557), this property boasts excellent visibility to a daily traffic count of 38,400 vehicles. The strategic location provides direct access to the 60 Freeway, ensuring high traffic flow and convenient access for customers. The area is served by a strong demographic, with an average household income of $81,369 within a 15-minute drive. A brand new Dollar Tree is soon to open, further enhancing the area's retail appeal. The property offers monument signage opportunities for increased brand visibility. National and regional tenants in the immediate trade area include Stater Bros., Rite Aid, Sprouts, Floor & Décor, WSS, and Starbucks, creating a vibrant and established retail environment. This is an ideal location for businesses seeking high visibility and access to a thriving consumer base. The multiple tenancy structure allows for flexibility and potential for synergistic businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.