SOLD 02/28/2024
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Commercial sold for $3,400,000 in 302 days
28900 Spruce Ave Moreno Valley, CA, 92555
Off the market Retail
Extremely motivated seller bring me your BEST OFFER! Are you looking for a prime 5.7 acre lot of commercial land with highway 60 frontage in Southern California? Then this amazing property could be for you! Located right off Redlands Blvd exit with incredible visibility from the freeway featuring average traffic counts exceeding 76,000 cars per day. Not to mention this property is in close proximity to the recently approved World Logistics Center that is projected to bring 20,000 new jobs to the area! Moreno Valley is an established and growing area that is highly populated making this property pure gold. The possibilities are endless on this rare property, last time we checked they are not making any more land! Currently there are multiple existing structures on the property.
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Property details
2,914 sqft interior area
Land area
248,292 sqft (5.70 acres)
Address
28900 Spruce Ave, Moreno Valley, CA, 92555
City of California
Moreno Valley
County
Riverside
Previous price
$4,000,000
District
Listing
Nearby major retailers
Walmart Supercenter
Supermarket: 2
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Listed by
Johan Graham, Realty ONE Group Empire
Name
Johan Graham
License number
01493046
Brokerage company
Realty ONE Group Empire
MLS #
CRHD23074943
Buyer agent
Name
Kenneth Siegner
Brokerage company
KeyClub Realty
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Calculate your monthly payments
Mortgage
$10,439
Taxes
$0
HOA dues
$0
Mortgage
$680,000 / 20%
2.28%
30 years
Your amount
$10,439 / month
Lot details
TMK #488310010
Parcel nr.
488310010
92555 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92555
48%
Families with children
National average: 39%
14%
Non family households
129,288
Population
$94,227
Average Income
Age & gender
Median age 31 years
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Commute types
93% commute by car
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Education level
27% have high school education
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Number of employees
9% work in education and healthcare
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Vehicles available
49% have 3 or more
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Vehicles by gender
49% have 3 or more
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Housing market insights for
$611.76k
Neighborhood average
sales price*
sales price*
$597k
Neighborhood median
sales price*
sales price*
103
Number
of sales*
of sales*
Housing type
84% are single detacheds
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Rooms
38% of the houses have 6 or 7 rooms
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Bedrooms
56% have 4 or more bedrooms
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Owners vs Renters
71% are owners
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2.5 / 20
Least Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 28, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 28, 2024 | Sold | $3,400,000 | 0 | Public Record |
| Feb 28, 2024 | Price Decrease | $3,400,000 -8.11% | 0 | MLS #CRHD23074943 |
| Jan 9, 2024 | Under contract | $3,700,000 | 0 | MLS #CRHD23074943 |
| Dec 27, 2023 | Price Decrease | $3,700,000 -50.67% | 0 | MLS #CRHD23074943 |
| May 3, 2023 | New Listing | $7,500,000 | 0 | MLS #CRHD23074943 |
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Frequently Asked Questions about 28900 Spruce Ave
What is 28900 Spruce Ave?
28900 Spruce Ave is a Commercial/Industrial propertywith 2,914 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
28900 Spruce Ave, Moreno Valley, CA, 92555.
What comparable properties are nearby?
Comparable nearby commercial properties include 23670 Tower St, 22515 Alessandro Blvd, 14114 Business Center Dr, 22116 Bay Ave, 21840 Cottonwood Ave, 22060 Olivas Ave.
Based on information from the bridgeMLS as of 05-15-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Feb 28, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Walmart Supercenter, 1.41 miles away and Walmart Supercenter, 1.41 miles away.
The 92555 zip area has a population of 129,288, and 48% of the families have children. The median age is 31.94 years and 93% commute by car. The most popular housing type is "single detached" and 71% is owner.
