Stephanie Vogt
The median home value in Moreno Valley, CA is $540,000.
This is
higher than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Moreno Valley, CA is $540,000.
Approximately 61% of Moreno Valley homes are owned,
compared to 33% rented, while
6% are vacant.
Moreno Valley real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Moreno Valley real estate agent to arrange a tour today!
Learn more about Moreno Valley.
Lakeshore Village Marketplace is a highly visible 79,987 SF neighborhood shopping center strategically positioned at the main entrance of the prestigious Sunnymead Ranch community in North Moreno Valley. Offered at $13,999,900 (approximately $175/SF), this 8.04-acre fee-simple retail asset combines stable existing cash flow with meaningful value-add potential. The property features 87% leased shop space ( 34,232 SF) occupied by a strong mix of daily-needs and service tenants including Dollar Tree, Del Taco, Jack in the Box, Bank of America ATM, restaurants, dental, salons, and fitness operators - creating steady foot traffic and resilient, needs-based retail demand. A major highlight of the offering is the 33,750 SF former grocer anchor box, currently vacant and representing an exceptional upside opportunity for re-tenanting, subdividing, or full repositioning into grocery, specialty retail, medical, fitness, educational, or entertainment uses. The space has already attracted interest from a national retailer, giving the next owner substantial income growth potential. The center benefits from outstanding surrounding demographics, with 192,986 residents within a 5-mile radius and an average household income of $86,748, driven by the dense, established, and stable single-family neighborhoods surrounding Sunnymead Ranch. High visibility, multiple ingress/egress points, abundant parking, and limited nearby competing centers strengthen the property's long-term performance. Combining strong in-place tenancy with significant value-add upside, excellent location fundamentals, and highly competitive pricing, Lakeshore Village Marketplace represents an attractive acquisition for 1031 exchange buyers, long-term holders, and value-add retail investors seeking a stable, community-anchored retail asset in one of Moreno Valley's most desirable residential submarkets.
Open House:
Sunday, 8/9 10:00-2:00PM
Seize this exceptional investment opportunity in the heart of Moreno Valley's rapidly developing commercial corridor! Per the city of Moreno Valley:The parcel 291-050-002 is Zoning Type: CC. Community Commercial District (CC). The primary purpose of the community commercial (CC) district is to provide for the general shopping needs of area residents and workers with a variety of business, retail, personal and related or similar services. This expansive 2.86-acre parcel is zoned for commercial use, offering a blank canvas for visionary investors and developers. Situated at 21665 Box Springs Rd, this property boasts prime accessibility, with excellent proximity to major roads, nearby shopping, and a surge of new multi-family residential developments surrounding the area. Property is being sold for land value only, the property features two existing structures, including a 6-bedroom, 4-bathroom home built in 1978, predating Moreno Valley's establishment as a city. Please note, per city regulations, the home is zoned strictly for commercial use only, presenting a unique opportunity for adaptive reuse or redevelopment. With existing power and water utilities already in place, this site is primed for your next commercial venture. Don't miss this rare chance to secure a high-potential commercial property in a booming area! For more details or to discuss development possibilities, please contact the listing agent today.
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