13860 Nason, Moreno Valley, CA 92555
13860 Nason, Moreno Valley, CA 92555
13860 Nason, Moreno Valley, CA 92555
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Stacy Braglia

Stacy Braglia

+1(951) 295-5477
$5,470,000
Est. payment /mo
6.19 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26197555

Lot Size 6.190 Acres

Lot Dimensions 269,636

Property Sub-Type Lots/Land

Property Description

**6.19 ACRES | DOWNTOWN CENTER | MULTIFAMILY DEVELOPMENT OPPORTUNITY | MORENO VALLEY** **Prime 6.19 acre development opportunity directly across from the new Lewis Downtown Center at Nason Street and Alessandro Boulevard.** Located in Moreno Valleys Downtown Center Zoning with no density limit. this exceptional site offers a developer the rare opportunity to acquire a substantial, strategically located parcel with multiple development options. The property has already been studied for a **190-unit multifamily development**, providing a potential starting point for a developer looking to move forward with an existing concept. or a **blank slate** for a developer to create its own vision and maximize the site's tremendous potential. Situated and bordering three streets**, the property offers excellent access, frontage, visibility and design flexibility that is difficult to find in a site of this size. Its location directly across from the planned **Lewis Downtown Center** creates significant long-term upside as the surrounding area develops into one of Moreno Valley's major mixed-use destinations. The property is also currently generating approximately **$12,000 per month in income**, providing the opportunity to **bank the property and collect income while the Downtown Center continues to develop**, or move forward with a multifamily project now. **2 strategies:** Move forward:** Utilize the existing 190-unit multifamily concept or develop your own higher-density design. Bank and hold:** Acquire the property, collect approximately $12,000/month in current income, and benef

Location

State CA

County Riverside

Direction 60 Freeway south north of Alasandro

Interior

Fireplace No

Exterior

Utilities Available Electric, Natural Gas

View Y/N No

Others

Senior Community No

Tax ID 488210011

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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MLS Router / San Diego MLS
Listed by Mark Testa, DRE#01022131 Sellers Net Inc 

NEARBY SCHOOL & BUSINESS

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Stacy Braglia

Stacy Braglia

REALTOR® License ID: 01303104

+1(951) 295-5477

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