$21,000,000
21.19 Acre Lot

28057 Bay Avenue, Moreno Valley, California 92555

  • Land Property Type
Property Description

-Prime 21.19 Acre Apartment Site

-500 Unit Apartment Development to have Full Entitlements by Fall 2025

-Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024

-City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years

-Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City

-An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in 2025

-Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion

-Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City

Basic Details
Land
For Sale
IV25143930
$21,000,000
None
21.19 Acre
Active
Features
$0
Address Map
CA
Riverside
Moreno Valley
92555
Bay
28057
Avenue
Located Near NEC of Moreno Beach dr & Alessandro Blvd, just north & east of the corner
259 - Moreno Valley
R30
Additional Information
$0
$0
$0
$0
$0
: Valley
: 26-30 Units/Acre
2025-06-26
: Public
Broker/Agent Information
DIVERSIFIED REALTY INC.
JERRY STEPHENS
Listing Information
ISTEPJER
IMGS
Cash,1031 Exchange,Land Use Fee
Active
2025-06-27T12:52:26Z
CRMLS
: Standard
2025-06-26T15:25:19Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069