0 Olive Wood Plaza Drive

0 Olive Wood Plaza Drive

Moreno Valley, CA 92553

$1,225,000
Price
42,253 / 0.97
Lot Size / Acres
an aerial view of a house with a swimming pool
a sign that is on the side of a building
view of a balcony with wooden floor
a front view of a building with parking area
a view of a balcony with staircase
a view of a swimming pool

Description

The property consists of approximately 0.99 acres (43,125 sqft) located on Olive Wood Plaza Drive in Moreno Valley, CA. The property is adjacent to Highway 60 with excellent visibility and freeway frontage. Electronic billboard signage is allowed as well as building signage. Highway 60 has traffic counts of approximately 120,000 cars per day. The property is located just north of Sunnymead Blvd, one of Moreno Valley’s main retail corridors which has traffic counts of approximately 20,000 cars per...The property consists of approximately 0.99 acres (43,125 sqft) located on Olive Wood Plaza Drive in Moreno Valley, CA. The property is adjacent to Highway 60 with excellent visibility and freeway frontage. Electronic billboard signage is allowed as well as building signage. Highway 60 has traffic counts of approximately 120,000 cars per day. The property is located just north of Sunnymead Blvd, one of Moreno Valley’s main retail corridors which has traffic counts of approximately 20,000 cars per day. The property is an infill lot with curb, gutter as well as all utilities, some on the property with the rest in the street. Sewer and water are serviced by EMWD. Surrounding the property are medical offices, restaurants, auto- service retailers, and a hotel. A new hotel is currently going through the city approval process for the 1-acre infill lot to west. The city previously approved Plans and Specifications for a 3 story Class A 21,000 + rentable sf office building on this site. The Extensive frontage on Olive Wood Plaza Drive is extended on site as the building design used provides for an angled front entrance that matches the east side property angle. This creates a striking presentation of the structure as you enter the area from Sunnymead Blvd. While the building is currently designed for 4 per 1,000 parking, resources exist for a 5 per 1,000 parking and upsized gross sf building of approximately 25,000 sf. Please refer to the following pages for renderings and floor plans. Owner is willing to negotiate his rights and associated design team to the utilize the existing plans and specifications that would cut both the design and re-entitlement costs and development timing essentially in half. Entrances on the east and west side have been dedicated to the city.
  1. Listed by ERIC WASHLE • DRE #02076218 • Brokerage DRE #01998652 • COLDWELL BANKER COMMERCIAL SC • 714-323-3862
  2. Listed by BRANDON SUDWEEKS • DRE #01435174 • Brokerage DRE #01998652 • COLDWELL BANKER COMMERCIAL SC

Property Details for 0 Olive Wood Plaza Drive

View
None
Lot Size Source
Assessor
Assessor Parcel Number
292-241-015
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00

Location

Listing Courtesy of COLDWELL BANKER COMMERCIAL SC, ERIC WASHLE, DRE #02076218; COLDWELL BANKER COMMERCIAL SC, BRANDON SUDWEEKS, DRE #01435174
Add your commute
LISTING UPDATED: 03/13/2024 03:36 AM

Property Details for 0 Olive Wood Plaza Drive

StatusActive
MLS #IV23132535
Days on Market292
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.97 AC
CountyRiverside County

Location

Listing Courtesy of COLDWELL BANKER COMMERCIAL SC, ERIC WASHLE, DRE #02076218; COLDWELL BANKER COMMERCIAL SC, BRANDON SUDWEEKS, DRE #01435174
Add your commute

Building Information for 0 Olive Wood Plaza Drive

Lot Size0.97 AC

Payment Calculator

$6,685 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,685

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Olive Wood Plaza Drive

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 425.13
  • CFD/Mello-Roos Fee: $128
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Exterior Features
  • Miscellaneous: Value in Land
  • View Description: None
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Value In Land
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 0 Olive Wood Plaza Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Olive Wood Plaza Drive

This home is within Moreno Valley Unified School District.
Rating
School
Type
Grades
Distance
Sunnymeadows Elementary School
Public - K to 5
Sunnymead Middle School
Public - 6 to 8
Moreno Valley High School
Public - 9 to 12
March Mountain High School
Public - 9 to 12
Rating
School
Distance
Sunnymeadows Elementary School
PublicK to 5

Sunnymead Middle School
Public6 to 8

Moreno Valley High School
Public9 to 12

March Mountain High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Olive Wood Plaza Drive, Moreno Valley, CA 92553

0 Olive Wood Plaza Drive is a 0.97 ac of land for sale in Moreno Valley, CA 92553. This property was listed for sale on July 18, 2023 by COLDWELL BANKER COMMERCIAL SC, it's currently listed at $1,225,000. This listing's school district is Moreno Valley Unified School District. Nearby schools include Sunnymeadows Elementary School, Sunnymead Middle School and Moreno Valley High School. 0 Olive Wood Plaza Drive is a 0-bed, 0-bath, 0.97 ac of land on a 42,253 sq. ft. / 0.97 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER COMMERCIAL SC, ERIC WASHLE, DRE #02076218; COLDWELL BANKER COMMERCIAL SC, BRANDON SUDWEEKS, DRE #01435174

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.