NOT LISTED FOR SALE
22.88 Acres
-- Price per Acre
996,653 Sq Ft Lot

Sale Details

Date Sold: October 22, 2021

Last sale price $11,625,000

Highlights

  • 22.88 Acre Lot
  • Corner Lot
  • No HOA
  • Mountain View

About This Lot

As of October 2021

Prime location in Moreno Valley’s City Council approved future World Logistics Center. Zoned for a Commercial Business Park (BP Zoning) this 22.88 acres of flat land is located on the corner of Eucalyptus Street and World Logistics Center Pkwy just around a 1,000 feet from the Theodore Street exit off the 60 Freeway and adjacent to the Skechers Distribution Center. This land was previously used for agriculture and farming. The property is fenced by a 6 foot high chain link fence on three sides of the property, has a water well of 601 feet deep and closed by an 8-inch casing. Approx. 1,700 feet of the 4-inch water main scheduled 40 PVC for irrigation and a 1 1/4 inch sub water line scheduled 40PVC that runs directly from the water well to the 1,000 Gallon Septic Tank for current office/trailer usage. Also a 10-HP Submersible Gould Pump with 460 volts, 100 amps electric meter panel (hook up required and re-running the underground PVC Pipe and Electrical line(s)). A used Greenhouse is also included with dimensions of 150' x 300' x 10' high and 18' peak high. Seller will be doing a 1031 exchange and may be willing to carry a 2nd Trust Deed. Property is free and clear of loans.

Last Agent to Sell the Property

Brent Heflin

Heflin Realty, Inc. License #00886813 Listed on: 01/06/2021

Last Buyer's Agent

Mark Repstad

Mark Repstad License #01492673

Property Details

Property Type

  • Land

Lot Details

  • 22.88 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned BP, Commercial

Additional Features

  • Mountain Views
  • Well

Listing and Financial Details

  • Legal Lot and Block 14 / 40
  • Assessor Parcel Number 422040014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

22.88 Acres

Listing Details

  • Inclusions: Green House, other miscellaneous property on the land
  • Possible Use Comments: Zoned for a business Park (BP)
  • View: Yes
  • Zoning: BP, Commercial
  • Property Type: Land
  • Parcel Number: 422040014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 11.66

Exterior Features

  • View: Mountain(s)
  • Fencing: Chain Link

Utilities

  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot Over 40000 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 996652.80
  • Lot Size Acres: 22.8800
  • Latitude Manual: 33.93367700

Multi Family

  • Lot Size Area: 22.8800 Acres

Tax Info

  • Tax Block: 40
  • Tax Lot: 14
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $11,625,000 -16.4% --
01/06/2021 01/06/21 For Sale $13,900,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21002795

California Regional Multiple Listing Service (CRMLS)
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