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Property profile & analytics
OFF-MARKET
Land

0 Myers Ave Moreno Valley, CA 92553

Property ID
Property summary
AI-generated overview

This exceptional 9,900 square foot residential lot presents a prime opportunity for multi-family development in Moreno Valley, CA. Located in the Edgemont subdivision, the property boasts R-20 zoning, specifically SP 204 VR, permitting the construction of up to a four-unit residential building. Its strategic location offers convenient access to major freeways, including the 60 Freeway and I-215, providing excellent connectivity throughout Southern California. The lot's adjacency to existing multi-family dwellings and readily available utility lines significantly streamlines the development process. This high-density land parcel is ideally positioned to capitalize on the increasing demand for housing in the area. The asking price for this exceptional development opportunity is $149,990. The property's APN is 481-270-015 and is privately owned. This is a must-see property for investors seeking a lucrative venture in a thriving market. Don't miss this chance to acquire a highly desirable lot in a prime location. Act quickly, as this opportunity is unlikely to last.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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