0 Spruce Avenue

Moreno Valley, CA 92555

$3,200,000
Last Sold Price
300,564 / 6.9
Lot Size / Acres

Description

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...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.
  1. Listed by Robert Mendez • DRE #01971883 • Brokerage DRE #01927637 • Realty Masters & Associates

Property Details for 0 Spruce Avenue

View
Hills, Mountain(s), Neighborhood
Lot Size Source
Assessor
Assessor Parcel Number
488-300-002
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Realty Masters & Associates, Robert Mendez, DRE #01971883

Sold By Realty Masters & Associates, Robert Mendez, DRE #01971883

Add your commute
LISTING UPDATED: 10/03/2022 04:02 PM

Property Details for 0 Spruce Avenue

StatusClosed
MLS #IG22015539
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size6.90 AC
CountyRiverside County

Location

Listing Courtesy of Realty Masters & Associates, Robert Mendez, DRE #01971883

Sold By Realty Masters & Associates, Robert Mendez, DRE #01971883

Add your commute

Building Information for 0 Spruce Avenue

Lot Size6.90 AC

Payment Calculator

$17,464 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Spruce Avenue

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: 29
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Exterior Features
  • View Description: Hills
Distance To
  • Distance To Water: 0
  • Distance To Freeway: 10'
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 0 Spruce Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 Spruce Avenue

This home is within Moreno Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cloverdale Elementary School
PublicK to 5

Palm Middle School
Public6 to 8

Valley View High School
Public9 to 12

North Ridge Elementary School
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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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 Realty Masters & Associates, Robert Mendez, DRE #01971883

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.