MLS #IV25143930

28057 Bay Avenue

Moreno Valley, CA 92555

List Price$21,000,000
923,036Lot Sq Ft

Property Description

-Prime 21.19 Acre Apartment Site

-500 Unit Apartment Development to have Full Entitlements by Fall 2025

-Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024

-City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years

-Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City

-An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in 2025

-Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion

-Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City