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    24484 Olive St Menifee, CA 92584

    For Sale
    $100,000

    Land/Lot - Menifee, CA

    Lot size:
    36,590.00 Acres
    Days on Market:
    287
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 24484 Olive St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-R
    APN
    361093019
    Exterior features
    Community Features Included: Rural, Suburban
    Lot size
    36,590.00 Acres

    Building Details

    Architectural style
    Other

    Reliable Realty Inc. (951) 696-9090 x105 [email protected]

    Listing agent Melina Gonzalez (951) 696-9090 License #02006449

    Listing date Feb 25, 2025

    MLS# SW25018861 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

    Menifee Corner Lot Opportunity

    This 0.84-acre (36,590 sq ft) of raw land is located at the corner of Palm Ave, Olive St, and Cottonwood Canyon Rd in Menifee, CA. Situated in the heart of the Menifee, Wildomar, and Lake Elsinore triangle, this rectangular corner lot offers accessibility from multiple routes. Zoned R-R, the property is suitable for future development, a custom home, or an investment project. The expansive space provides possibilities for a private retreat, small ranch, or building project. A creek runs with the land, though it is currently dried. The current owner has completed work on the lot, with detailed information available in the listing supplements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.23485
    Latitude
    33.65077

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    FAQs

    What type of property is this?
    Land - 0.84 acre corner lot in Menifee, CA for sale.
    Where is this land located?
    The property is located at 24484 Olive St Menifee, CA.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Large 0.84-acre (36,590 sq ft) rectangular corner lot.; - Located in the heart of the Menifee, Wildomar, and Lake Elsinore triangle.; - Ideal for development, custom home, or investment project.
    (951) 696-9090
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    Menifee, CA 92584
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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
    24484 Olive St Menifee, CA 92584
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