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24353 Sunnymead Blvd

3,000 SF 100% Leased Retail Building Moreno Valley, CA 92553 $1,090,000 ($363.33/SF)

INVESTMENT HIGHLIGHTS

  • High Exposure
  • Development Opportunity
  • Large Lot

EXECUTIVE SUMMARY

PRIME MIXED-USE INVESTMENT OPPORTUNITY – RETAIL + SINGLE-FAMILY HOME ON 19,166 SQFT LOT.
Located at 24353 Sunnymead Boulevard in Moreno Valley, this versatile property features two front retail units totaling 1,600 sqft (each approximately 800 sqft) and a spacious 1,400 sqft single-family home with 4 bedrooms and 2 baths at the rear, combining for a total of 3,000 sqft of building space. The expansive 19,166 sqft lot provides significant potential for owner-users, developers, and investors to expand or reimagine the site. Moreno Valley is experiencing robust growth, with new commercial and residential developments enhancing the area’s appeal. Positioned near major transportation corridors, including the I-215 and SR-60 freeways, this location is ideal for businesses seeking to leverage the city’s rising economic profile. With strong development projections, this property offers a strategic investment in a flourishing market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
1985
Price
$1,090,000
Price Per SF
$363.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
R1
Parking
12 Spaces (4 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

Rent-A-Center
Superior Grocers
IHOP
Yoshinoya
PNC Bank
Cardenas
Sizzler
Black Bear Diner
Denny's
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
481-140-006
Land Assessment
$173,998
Improvements Assessment
$176,574
Total Assessment
$350,572
  • Listing ID: 33633141

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 24353 Sunnymead Blvd, Moreno Valley, CA 92553

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