Prime Development Opportunity Pre-approved 3-Lot Subdivision | Potential for Up to 5 Lots Rare opportunity to acquire an approximately 32,234 sq. ft. corner parcel (approximately 270' x 128') in one of Moreno Valleys rapidly growing areas. This property offers an exceptional development opportunity for builders, developers, and long-term investors. The property has been pre-approved for subdivision into 3 lots, providing a clear development path for new residential construction. There is also potential to further subdivide the property into up to 5 total lots, subject to additional approvals, requirements, and buyer verification with the City of Moreno Valley and applicable governmental agencies. The generous lot size, desirable corner location, and approved subdivision create an attractive opportunity to develop multiple residential homes while benefiting from the continued growth and expansion of the surrounding area. Conveniently located near Rancho Belago, shopping centers, Kaiser Permanente Medical Center, schools, parks, Moreno Valley College, UC Riverside, major employment centers, and the 60 and 215 Freeways. The property is surrounded by established neighborhoods, newer home construction, and ongoing residential and commercial development. Whether you are looking to develop the approved 3-lot subdivision or explore the possibility of creating up to 5 lots, this property presents a compelling opportunity to capitalize on the continued growth of the Inland Empire. Buyer to independently verify the approved subdivision, all maps and entitlements, zoning, general plan designation, lot configuration, utilities, access, development standards, additional subdivision potential, and all intended uses with the City of Moreno Valley and Riverside County. Any potential for subdivision into 5 lots is subject to governmental approval and applicable requirements. Information is deemed reliable but not guaranteed. Buyer to conduct their own independent due diligence.

Listed by Vipul Modha of Modha Realty, Inc (562) 412-7765



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Last checked 2026