Real Estate For Sale in...
 

0 Walther Avenue, Moreno Valley, CA 92555

$988,000
Land MLS# IV17178155 ID: 46908747
$988,000 Get Rates

Investor/Builder/Ranching and/or Farming !!!... This owner needs to sell his 38 acre "flat" land ASAP (two parcels at 8 and 30 acres). It is "priced to sell" at just $988,000 for all 38 acres. Nearby there are several parcels (about 9 acres each) for sale at over $1 million each (these listings provided upon request)... This motivated seller will now finance with just a $398,000 down payment. He will carry the $590,000 balance as a loan at just a 2% interest rate payable with interest only payments of just $984 monthly... This 38 acres was formally a "landscaping nursery" and has the great Riverside County zoning of RA-1. This zoning makes it easy to divide this land into 38 "one acre" lots (only $26.000 for each "one acre" building site)... This land already has Edison power and the EMWD district water meter "on site"... This project also owns the valuable "water rights" for installing many wells for an unlimited supply of "free water" for housing, ranching and/or farming... Each connection to the the EMWD district water, can cost almost as much as installing each well... The zoning permits raising up to 40 horses or any combination of domestic animals on 38 acres... You can farm most agricultural crops with "free well water". Farming this former nursery, can generate is huge income from cash crops like organic produce, lavender flowers, etc... One "lavender farmer" on just "7 acres" earns $1 million yearly... call about possible LAND LEASE ($100 per acre)/OPTION...WOW !!

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Location Information near 0 Walther Avenue
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Property Features for 0 Walther Avenue
Status
Market Status
Available
Last Updated
November 21, 2017
Description
Property Type
Land
Architecture
Lots/Acreage

Location

  • MLS Area: 259 - Moreno Valley

Lot Features

  • Fence: Barbed Wire Fence, Chain Link Fence
  • View: City Lights View
  • Water Utilities: Well Water
  • Rural Setting: Rural Area

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More information about this $988,000 Land at 0 Walther Avenue

This $988,000 Land at 0 Walther Avenue in Moreno Valley, CA is offered by Pat O'Brien. This $988,000 Land, located in the 92555 zip code, has the following property features: Fence, Rural Setting, Water Utilities, MLS Area. This 0 Walther Avenue Land, located in Riverside County , is listed under MLS listing number IV17178155 and has a listing price of $988,000. You can find more of Pat O'Brien's listings by browsing Pat O'Brien homes for sale at HomesAndLand.com, or even more MORENO VALLEY homes for sale here.