26995 Alessandro Blvd Moreno Valley, CA 92555
- Commercial land
- 7.88 lot acres
Current Use by Public Records
- Commercial land
Property Details for 26995 Alessandro Blvd
- Lot size
- 7.88 lot acres
- Zone code
- RA01
- Property type
- Commercial land
- APN
- 486-270-021
- APU
- 486270021
Description
This exceptional 7.88-acre commercial land parcel, located at 26995 Alessandro Blvd, Moreno Valley, CA 92555 (APN 486-270-021), offers a unique opportunity for high-density residential development. Zoned for Office Commercial (OC), this fee simple property boasts prime positioning near significant growth catalysts. Its proximity to the Town Center at Moreno Valley, a mixed-use project slated for completion in 2025, encompassing up to 800 homes and 220,000 square feet of commercial space, ensures strong future demand. Moreno Valley's robust economic expansion, evidenced by over 30,000 jobs created in the last decade and an additional 20,000 projected from the upcoming WLC project (groundbreaking in 2025), makes this a highly attractive investment. The site's strategic location near Riverside University Health System Medical Center (6,000 employees, $1.6 billion economic impact) and the expanding Kaiser Medical Center project (adding 1,125,000 square feet and 4,000 jobs) further solidifies its potential. This exceptional location, coupled with the substantial projected job growth, presents a compelling opportunity for developers seeking a high-return investment in a rapidly expanding market. The property is offered as a fee simple ownership.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moreno Valley
- County
- Riverside
- State
- California
- Longitude
- -117.193
- Latitude
- 33.9164
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
