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Sold Date10/22/2021
Closed

30050 Eucalyptus StreetMoreno Valley, California CA92555

Listing IDPW21002795

22.880 Acres

$11,625,000

Prime location in Moreno Valley’s City Council approved future World Logistics Center. Zoned for a Commercial Business Park (BP Zoning) this 22.88 acres of flat land is located on the corner of Eucalyptus Street and World Logistics Center Pkwy just around a 1,000 feet from the Theodore Street exit off the 60 Freeway and adjacent to the Skechers Distribution Center. This land was previously used for agriculture and farming. The property is fenced by a 6 foot high chain link fence on three sides of the property, has a water well of 601 feet deep and closed by an 8-inch casing. Approx. 1,700 feet of the 4-inch water main scheduled 40 PVC for irrigation and a 1 1/4 inch sub water line scheduled 40PVC that runs directly from the water well to the 1,000 Gallon Septic Tank for current office/trailer usage. Also a 10-HP Submersible Gould Pump with 460 volts, 100 amps electric meter panel (hook up required and re-running the underground PVC Pipe and Electrical line(s)). A used Greenhouse is also included with dimensions of 150' x 300' x 10' high and 18' peak high. Seller will be doing a 1031 exchange and may be willing to carry a 2nd Trust Deed. Property is free and clear of loans.
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