$990,000
For Sale

1 Gilman Springs Road

Moreno Valley, CA 92555
71.50 acres | #IV23100336
Listing OfficeMeridianReal Estate / Management / Investments
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

*** A WHOLE LOT OF LAND - 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.

  • Property Details
      • ViewHills, Lake, Mountains, Valley
      • Lot DescriptionAgricultural, ValueInLand
      • Utility FeaturesWaterNotAvailable
      • Original List Price$1,690,000
      • MLS #IV23100336
      • MLS #IV23100336
      • CountyRiverside
      • Property TypePurchase
      • Cost990000
      • Acres71.5
      • Property SubtypeLand

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
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20.0%

Interest Rate

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5.0%

Tax Rate

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1.3%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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