The property consists of approximately 0.99 acres (43,125 sqft) located on Olive Wood Plaza Drive in Moreno Valley, CA. The property is adjacent to Highway 60 with excellent visibility and freeway frontage. Electronic billboard signage is allowed as well as building signage. Highway 60 has traffic counts of approximately 120,000 cars per day. The property is located just north of Sunnymead Blvd, one of Moreno Valley’s main retail corridors which has traffic counts of approximately 20,000 cars per day. The property is an infill lot with curb, gutter as well as all utilities, some on the property with the rest in the street. Sewer and water are serviced by EMWD. Surrounding the property are medical offices, restaurants, and auto-service retailers. The site is proposed for hotel development which is permitted under the Corridor Mixed Use zoning.
23683 Gamma Street: Sold $560,000 · 4 bd · 2 ba · 1,498 sqft · Jul 2026 · 0.5 mi REDFIN CORPORATION | DRE #01822773 Buyer's agent: CHRISTINE SIMONSEN, KELLER WILLIAMS RIVERSIDE CENT | DRE #01060151
23714 Gamma Street: Sold $512,000 · 2 bd · 2 ba · 940 sqft · Aug 2026 · 0.5 mi CENTURY 21 LOIS LAUER REALTY | DRE #01709440 Buyer's agent: Kevin Roman, Century 21 Realty Masters | DRE #02217374
12821 Alona Street: Sold $500,000 · 4 bd · 2 ba · 1,698 sqft · Sep 2026 · 0.6 mi EXP REALTY OF CALIFORNIA INC | DRE #01193547 Buyer's agent: GONZALO GOMEZ, EXCELLENCE RE REAL ESTATE | DRE #01893244
22779 Parkham: Sold $600,000 · 4 bd · 3 ba · 2,079 sqft · Sep 2026 · 0.8 mi CALIFORNIA 5 STAR REALTY | DRE #01320847 Buyer's agent: TERRILL RILEY, CALIFORNIA 5 STAR REALTY | DRE #01320847
24051 Fir: Sold $335,000 · 3 bd · 2 ba · 1,240 sqft · Sep 2026 · 0.8 mi KELLER WILLIAMS RIVERSIDE CENT | DRE #02179204 Buyer's agent: ANTHONY CASTRO, KELLER WILLIAMS RIVERSIDE CENT | DRE #02179204
24109 Fir: Sold $330,000 · 3 bd · 2 ba · 1,080 sqft · Sep 2026 · 0.9 mi LEGACY HOMES REAL ESTATE | DRE #01349752 Buyer's agent: Danielle McClaran, Elevate Real Estate Agency | DRE #01919113
22500 Greenwich Court: Sold $546,000 · 4 bd · 4 ba · 2,065 sqft · Jul 2026 · 0.9 mi PAK HOME REALTY | DRE #01965023 Buyer's agent: Alejandro Aguirre, Coldwell Banker Realty | DRE #02024765
23655 Suncrest Avenue: Sold $552,000 · 4 bd · 2 ba · 1,638 sqft · Sep 2026 · 1.1 mi Re/Max Partners | DRE #01198962 Buyer's agent: Henry Ferrufino, 20/20 Realtors & Associate | DRE #02086748