1 Gilman Springs Road, Moreno Valley

$1,190,000

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0 Bed
0 Bath
71½ Acres
0 Garage

BUY LOW, SELL HIGH ! Is certainly the Maxim for this grand investment opportunity. Situated south of Alessandro Blvd, on the east side of Gilman Springs Rd - for which the Road Safety / Widening project has been funded and approved. The sales price includes (4) adjoining parcels that total 71.5 Acres: APN’s 422-180-005, 006, 007 and 008. Designated easement access roads include Laurene Lane & Big Nash Road, with Quail Ranch Golf Course directly to the south. And directly across Gilman Springs Rd is the approved “World Logistic Center” project. The World Logistics Center project is a proposed major industrial and transportation project. Being in the “Path to growth”, these parcels could offer a great development opportunity for the shrewd investor, as well as a being an ideal vehicle for a 1031 Exchange placement. The Property is not annexed into the City of Moreno Valley but is in the Moreno Valley Sphere of Influence. All information provided in this listing should be independently verified by the prospective buyer. SELLER MOTIVATED, seller may carry. BRING ALL OFFERS. Parcels to be sold in “As is” condition.

Essential Information

MLS® #
IV23100336
Price
$1,190,000
Bathrooms
0.00
Acres
71.50
Type
Land
Status
Active

Community Information

Address
1 Gilman Springs Road
Area
259 - Moreno Valley
City
Moreno Valley
County
Riverside
Zip Code
92555
Community Features
Rural
Senior Community
N

Amenities

Utilities
Water Not Available

View

Hills, Mountain(s), Lake, Valley

Exterior

Lot Description
Agricultural, Value In Land

Additional Information

Date Listed
June 7th, 2023
Days on Market
335
Zoning
W-2-1

Listing Details

Agent
Rudy Alanis

Office

MeridianReal Estate / Management / Investments

Property History
Price Reduced from $1,690,000 to $1,190,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 13th, 2024 at 1:50pm PDT. 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.