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Agricultural Land with Commercial Shop
For Sale
$3,950,000

23524 Pico Avenue, Menifee, CA 92585

Rural agricultural property combines open acreage, a residence, and substantial office-oriented shop improvements.

Property SizeContact for details
Days on Market28

Property Features for 23524 Pico Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1961
Listing Agency: Re/Max Diamond Prestige
Listed By: Kathy Vineyard (vineyardsnuevo@aol.com)
Source: Mrmurrieta
Added: Aug 3 Changed: Aug 30 Last Checked: Aug 30 at 1:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Diamond Prestige

Investment Insights

Based on property information with market context.

This 18.56-acre agricultural property includes a 1,609-square-foot residence built in 1961 and a separate 6,000-square-foot commercial-style shop. The home contains four bedrooms, two bathrooms, a living room, family room with fireplace, screened-in porch, and attached two-car garage. The shop is configured with five private offices, a reception area, bathroom, and 10 parking spaces, including one ADA-compliant space.

The property is zoned RA (Rural Agricultural) and includes three septic systems, two outbuildings, and separate alarm systems serving the residence and shop. Its address is 23524 Pico Avenue in Menifee, California. Sewer is located approximately 1,200 feet from the property. The source information identifies farming, equestrian use, livestock, business headquarters, and agricultural operations among the stated potential applications, subject to applicable requirements and due diligence.

Key Highlights

  • 18.56 acres zoned RA (Rural Agricultural)
  • 6,000‑square‑foot commercial‑style shop with five private offices, reception area, and bathroom
  • 1,609‑square‑foot residence built in 1961 with four bedrooms and two bathrooms

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm HVAC Service Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 92585, CA

24,887
Population
8,447
Households
2.9
Avg Household Size
36
Median Age
20%
College-Educated
85%
High-School Grad
17.1 sq mi
ZIP Area
1,455
Density / Sq Mi
$97,898
Median Household Income
$46,523
Median Earnings
$2,200
Median Rent
$499,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Rural agricultural property combines open acreage, a residence, and substantial office-oriented shop improvements.
Where is this agricultural land / farmland located?
The property is located at 23524 Pico Avenue Menifee, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 18.56 acres zoned RA (Rural Agricultural); 6,000‑square‑foot commercial‑style shop with five private offices, reception area, and bathroom; 1,609‑square‑foot residence built in 1961 with four bedrooms and two bathrooms
More about this property
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