Olive Wood Plaza Dr   #4, Moreno Valley, CA 92553
FOR SALE0.97 ACRES
Listed by ERIC WASHLE, COLDWELL BANKER COMMERCIAL SC, (951) 200-7683

Olive Wood Plaza Dr #4
Moreno Valley, CA 92553

Sunnymeadows

      $1,225,000

      Est. Mortgage $7,850/mo*

      Local Information

      map showing home location
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      -- mins to
      Commute Destination

      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 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.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      180+ days ago

      Home Details for Olive Wood Plaza Dr #4

      Interior Features

      View
      No ViewView: None

      Exterior Features

      Parking & Garage
      No Garage
      Frontage
      Not on Waterfront
      Surface & Elevation
      Elevation Units: Feet

      Days on Market

      Days on Market: 180+

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Building
      Not a New ConstructionNo Additional Parcels
      Property Information
      Parcel Number: 292241015

      Price & Status

      Price
      List Price: $1,225,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: Moreno Valley

      Agent Information

      Listing Agent
      Listing ID: IV23132535

      Community

      Community Features: UrbanNot Senior Community

      HOA

      Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

      Lot Information

      Lot Area: 0.97 acres

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: IV23132535Attribution Contact: 714-323-3862

      Additional Information

      Urban
      Last check for updates: about 16 hours ago
      Listing Provided by: ERIC WASHLE DRE #02076218, (714) 323-3862
      COLDWELL BANKER COMMERCIAL SC
      BRANDON SUDWEEKS DRE #01435174
      COLDWELL BANKER COMMERCIAL SC
      Originating MLS: California Regional MLS
      Source: CRMLS, MLS#IV23132535

      Price History for Olive Wood Plaza Dr #4

      DatePriceEventSource
      07/18/2023$1,225,000Listed For SaleCRMLS #IV23132535

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      Neighborhood Overview

      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Sunnymeadows

      • Trulia User
        "I've lived here since 2005 and I loved it and it's a safe neighborhood and friendly atmosphere...... "
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      • Jessica C.
        "We take care of one another we enjoy all the events in the neighborhood we bbq together we help maintain and keep yards on every house up to part "
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      • patrick w.
        "I want to hear for over 10 years and our neighbors watch out for each other well block parties and take care of each other's kids watch out for straight traffic and visitors"
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      LGBTQ Local Legal Protections

      ERIC WASHLE, COLDWELL BANKER COMMERCIAL SC
      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. as of 2024-01-24 10:53:37 PST 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
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      Olive Wood Plaza Dr #4, Moreno Valley, CA 92553 is a lot/land. Olive Wood Plaza Dr #4 is located in Sunnymeadows, Moreno Valley. This property is currently available for sale and was listed by CRMLS on Jul 18, 2023. The MLS # for this home is MLS# IV23132535.