Prime Development Opportunity – Pre-approved 3-Lot Subdivision | Potential for Up to 5 Lots Rare opportunity to acquire an approximately 32,234 sq. ft. corner parcel (approximately 270' x 128') in one of Moreno Valley’s rapidly growing areas. This property offers an exceptional development opportunity for builders, developers, and long-term investors. The property has been pre-approved for subdivision into 3 lots, providing a clear development path for new residential construction. There is also potential to further subdivide the property into up to 5 total lots, subject to additional approvals, requirements, and buyer verification with the City of Moreno Valley and applicable governmental agencies. The generous lot size, desirable corner location, and approved subdivision create an attractive opportunity to develop multiple residential homes while benefiting from the continued growth and expansion of the surrounding area. Conveniently located near Rancho Belago, shopping centers, Kaiser Permanente Medical Center, schools, parks, Moreno Valley College, UC Riverside, major employment centers, and the 60 and 215 Freeways. The property is surrounded by established neighborhoods, newer home construction, and ongoing residential and commercial development. Whether you are looking to develop the approved 3-lot subdivision or explore the possibility of creating up to 5 lots, this property presents a compelling opportunity to capitalize on the continued growth of the Inland Empire. Buyer to independently verify the approved subdivision, all maps and entitlements, zoning, general plan designation, lot configuration, utilities, access, development standards, additional subdivision potential, and all intended uses with the City of Moreno Valley and Riverside County. Any potential for subdivision into 5 lots is subject to governmental approval and applicable requirements. Information is deemed reliable but not guaranteed. Buyer to conduct their own independent due diligence.
Listing courtesy of Listing Agent: Vipul Modha (vipmodha1@gmail.com) from Listing Office: Modha Realty, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.