Great Development Opportunity. Zoned for Business Park (BP Zoning) Development. All 22.88 acres of flat land with city's plans for commercial zone adjacent to future schools, new home developments, & shopping centers nearby. Land borders Theodore Street with access from both Theodore Street and Eucalyptus Ave. Land was used for farming. There are underground wells, 460V electrical power, two 7,500 gallon water tanks, 2 water pumps, and greenhouses (excluded) on the land. Super Wal-Mart and Target Center and Moss Bros Dealership are nearby. Recent warehouse and industrial buildings have been built across from this land. Check with city for improvement guidelines. About 1,000 feet from the 60 freeway. Currently, there are tenants on the land for agricultural uses. Lease to be ended on April-2012. Seller is willing to work with 1031 exchange and seller is also willing to carry a 2nd loan. Property is free & clear.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 30050 Eucalyptus Street, Moreno Valley, CA 92555 is currently for sale.
30050 Eucalyptus Street is listed for $8,600,000.
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