24985 Atwood Avenue, Moreno Valley CA, 92553
(Active)
$750,000
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MLS# NP24060276
Last Updated: 5/17/2024 9:34 PM
Description for
24985 Atwood Avenue
Moreno Valley, CA 92553
Take this great opportunity to purchase a pre-operational cannabis retail storefront license with the property for only $750,000. The license has a CUP approval, and approved construction plans, so the buyer can begin tenant improvements quickly. To become operational, complete the development, and state licensing. The CUP approval calls for a 2,328 SF single story commercial property, with 22 parking spots. The property is located right off Perris Blvd, a major throughway in the city with strong traffic counts. The half-acre property is being priced at raw land value since the 1,100 SF single-family residence that was located on the property has burned down, and there are no existing structures on the property.Seller will work with the Buyer to finalize licensing, become operational, and transfer all licensing over seamlessly. Reach out to us for additional information including site plan and guidance on the licensing process.- Valuation Breakdown: - Property: $500,000 - Pre-operational Retail License: $250,000- CUP Approved- Construction Plans are Approved- .58 Acre Lot - Zoned Commercial - Proposed Occupancy Mercantile- City has a simple cannabis licensing transfer process- Seller is Motivated Bring all Offers!
Price
$750,000
Riverside
NP24060276
Active
Description
Take this great opportunity to purchase a pre-operational cannabis retail storefront license with the property for only $750,000. The license has a CUP approval, and approved construction plans, so the buyer can begin tenant improvements quickly. To become operational, complete the development, and state licensing. The CUP approval calls for a 2,328 SF single story commercial property, with 22 parking spots. The property is located right off Perris Blvd, a major throughway in the city with strong traffic counts. The half-acre property is being priced at raw land value since the 1,100 SF single-family residence that was located on the property has burned down, and there are no existing structures on the property.Seller will work with the Buyer to finalize licensing, become operational, and transfer all licensing over seamlessly. Reach out to us for additional information including site plan and guidance on the licensing process.- Valuation Breakdown: - Property: $500,000 - Pre-operational Retail License: $250,000- CUP Approved- Construction Plans are Approved- .58 Acre Lot - Zoned Commercial - Proposed Occupancy Mercantile- City has a simple cannabis licensing transfer process- Seller is Motivated Bring all Offers!
Listing Information
| Property Type: Land, Other | ||
| 0.58 Acres | Assessor | |
Public
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
R2
Rectangular Lot
Driving Directions
Atwood is off Perris Blvd. Across the street from 13121 Perris Blvd
Financial Considerations
| 482060016 |
Cash to New Loan,Conventional,Owner May Carry
Listing Price History
Moreno Valley Real Estate
Moreno Valley is located in California. Moreno Valley, California 92553 has a population of 208,733.
The median household income in Moreno Valley, California 92553 is $54,693. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Moreno Valley 92553 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/26/2024 | Active | $750,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,204 USD | 13.81% | $315,241 USD | - |
| 2022 | $3,694 USD | -23.77% | $315,241 USD | -25.03% |
| 2021 | $4,846 USD | -12.07% | $420,471 USD | - |
| 2020 | $5,511 USD | 10.24% | $420,471 USD | -4.91% |
| 2019 | $4,999 USD | 125.48% | $442,170 USD | 2.00% |