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Property profile

23900-23980 Ironwood Ave Moreno Valley, CA 92557

OFF-MARKET
Retail properties & Spaces
57,904 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 57,904 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23900-23980 Ironwood Ave Moreno Valley, CA 92557
Moreno Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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