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    23991 Vis Way Menifee, CA 92587

    For Sale
    $599,500

    Commercial Sale - Menifee, CA

    Property size:
    1,288 SF
    Days on Market:
    569
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 23991 Vis Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    351084018
    Size
    1,288 SF

    Building Details

    Architectural style
    Other

    Realty Masters & Associates (714) 368-1300 [email protected]

    Listing agent Kris Hansen (951) 244-1867 License #01878656

    Listing date May 24, 2024

    MLS# SW24105523 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot in Menifee, CA

    This corner lot offers a high-visibility location. The property is fully fenced and comprises two APNs totaling 0.45 acres. A zone change application is in progress with the city, requiring the submission of the final use. Seller financing options are available. The property is located in Menifee, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.240684
    Latitude
    33.689004

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    FAQs

    What type of property is this?
    Commercial land - Corner lot with high visibility traffic, seller financing available.
    Where is this commercial land located?
    The property is located at 23991 Vis Way Menifee, CA.
    What is the asking price?
    The asking price for this property is $599,500.
    What are key features of this property?
    This property features: - Corner lot with high visibility traffic; - Zone change in progress from Residential to Commercial; - Two APNs totaling .45 acres
    (951) 244-1867
    Request Owner's contact information
    23991 Vis Way Menifee, CA 92587
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23991 Vis Way Menifee, CA 92587
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