NOT LISTED FOR SALE

0 Spruce Ave Moreno Valley, CA 92555

Cloverdale Neighborhood
6.9 Acres
-- Price per Acre
300,564 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $3,200,000

151 Days on Market

Highlights

  • 6.9 Acre Lot
  • No HOA
  • Rectangular Lot
  • Mountain View

About This Lot

As of October 2022

Great Opportunity for Investors to Develop nearly 7 acres for a state-of-the art Project with Prime 60 Freeway Visibility totaling up to 145,964 Cars Per Day according to MPSI County Estimation. Property is currently zoned Highway Office Commercial (H-OC). The Highway Office/Commercial district is a regional gateway between Moreno Beech Dr and the recently approved WORLD LOGISTICS CENTER - the Largest industrial Logistics Business Park in California history (40.6 million SF). Some Allowed Uses in H-OC include: Professional Office Building, Equipment Sales/Repair, Convenience Stores, Hospital/Medical Facility, RV Sales, Truck Sales/Repair, Retail, and more. See permitted uses table in Supplements. With a steadily growing population of over 215k current residents, an annual growth rate of 3.9%, and 2.4 Million people within 20 mile radius, Moreno Valley is becoming one of the fastest growing cities in all of California. More industries and jobs expected as with many Brand New Developments happening within close proximity.

Last Agent to Sell the Property

Bobby Mendez

Re/Max Time Realty License #01971883 Listed on: 01/27/2022

Re/Max Time Realty

Last Buyer's Agent

Bobby Mendez

Re/Max Time Realty License #01971883 Listed on: 01/27/2022

Re/Max Time Realty

Property Details

Property Type

  • Land

Lot Details

  • 6.9 Acre Lot
  • Rectangular Lot
  • Property is zoned H-OC

Property Views

  • Mountain
  • Hills
  • Neighborhood

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 29
  • Assessor Parcel Number 488300002
  • $213 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: H-OC
  • Property Type: Land
  • Parcel Number: 488300002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 10.65

Exterior Features

  • View: Hills, Mountain(s), Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 300564.00
  • Lot Size Acres: 6.9000
  • Latitude Manual: 33.93980300

Multi Family

  • Lot Size Area: 300564.0000 Square Feet

Tax Info

  • Tax Block: 29
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 213.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $3,200,000 -36.0% --
06/27/2022 06/27/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $4,999,500 +177.8% --
01/26/2021 01/26/21 Sold $1,800,000 -10.0% -- View Prior Sale
10/28/2020 10/28/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $1,999,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bobby Mendez

    Seller's Agent in 2022

    Bobby Mendez

    RE/MAX

    (951) 283-5015

    1 in this area

    74 Total Sales

    Bobby Mendez
    Section Image
  • Susan Harvey

    Seller's Agent in 2021

    Susan Harvey

    Desert Pacific Properties

    (760) 360-4594

    1 in this area

    131 Total Sales

    Susan Harvey
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22015539

California Regional Multiple Listing Service (CRMLS)
California Riverside County Moreno Valley 92555 Cloverdale

0 Spruce Ave, Moreno Valley, CA

This home is located at 0 Spruce Ave, Moreno Valley, CA 92555 since 27 January 2022. 0 Spruce Ave is a home located in Riverside County with nearby schools including Cloverdale Elementary School, Palm Middle School, and Valley View High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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