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0 Olive Wood Plaza Dr

Moreno Valley, CA 92553
  • $1,225,000
  • STATUS: ACTIVE
  • ON SITE: 272 Days
  • ID#: IV23132535
$1,225,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

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 Valleys 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 pla 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 Valleys 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/141606453
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0 Olive Wood Plaza Dr Moreno Valley, CA 92553

  • Price: $1,225,000
  • Status: ACTIVE
  • On Site: 272 Days
  • ID#: IV23132535
0
Beds
0
Baths
0
½ Baths
0.97
Acres
Neighborhood:
Riv Cty-Moreno Valley (92553)
County:
Riverside
Area:
Riv Cty-Moreno Valley (92553)
Property 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 Valleys 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 pla 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 Valleys 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.
Property Features

Cfd Mello Roos Fee 128.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Value in Land Monthly Total Fees 10 Terms Cash

San Diego MLS logo Listing provided courtesy of Eric Washle of COLDWELL BANKER COMMERCIAL SC: 714-323-3862. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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