Description

** There are BIG things happening on the east side of Moreno Valley on both sides of Gilman Springs Road with lots of development and growth in one of the few areas in SoCal that would provide for affordable housing development. For Sale are (4) Adjoining Parcels that total approximately 72 Acres located just south of the 60 Fwy, south of Alessandro Blvd, on the east side of Gilman Springs Road, with designated easement access roads that include Laurene Lane & Big Nash Road and situated within the Rancho Belago Estates Specific Plan & Annexation Project. This proposed development will encompass approximately 2,400 Acres of Housing, Mixed Use, Recreation / Golf Course, and School. SoCal Gas has service already in place with Water, Electricity and Sewer at the street. On the west side of Gilman Springs Rd is the approved World Logistic Center project that will include an additional 40.6 million square feet of development. Furthermore, the Road Safety / Widening project for Gilman Springs Road has been funded and approved to accommodate the increased traffic for the area. Priced to sell and would be a great development opportunity for the shrewd investor, as well as a being an ideal vehicle for a 1031 Exchange Placement until the infrastructure is in place. Buy Low, Sell High would be the maxim for this opportunity.