This is a 16-unit townhome development opportunity located on approximately 0.89 acres in Moreno Valley, California.Each unit is planned for approximately ±1800 SF and 3-stories high, and involve 4 bedrooms, with 3.5 bathrooms. However, any buyer/developer can easily modify to suit their preferred type of development/structure style. The Tentative Tract Map (TTM) #38676 allows for 16 townhome units. The property is zoned SP-204-VR (Village Residential) and is located in an Opportunity Zone, just minutes from the I-60 Freeway and within walking distance to schools. All utilities are available, and curb and gutter work has been finished along Myers Avenue. SEE SUPPLEMENTS FOR PLANS AND OFFERING MEMORANDUM. Buyer to do their own due diligence to regarding any and all marketing information to satisfy themselves.
Lot Size
38,768 sqft
Days on Market
0
HOA Fee
N/A
MLS #
IG26155837
Lot Features
Eleven To Fifteen Units Acre, Level, Rectangular Lot
Water Source
Public
Suburban, Sidewalks
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features