Office Building with Detached
23971 Newport Drive, Menifee, CA 92587
For Sale
New
$679,000
Commercial Sale, Menifee, CA
Property Size1,085 SF
Lot Size0.35 Acres
Price / SF$625.81
Days on Market6
Property Features for 23971 Newport Drive
General Information
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Subdivision
Standard status
APN
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Additional Details
Tenant in Place
Property Use
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Cooling system
Building Details
Year built
Buildings
Listing Agency:
First Team Real Estate
(951) 699-9080
Listed By:
Julie Adamic · License CA #02213389
(951) 775-5227
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# SW26240073
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
At 23971 Newport Drive in Menifee, this 1,085-square-foot, single-story office building dates to 1937 and sits on approximately 0.35 acres (15,246 square feet). A detached garage/workshop is also on site. Reported updates include the roof, windows, air conditioning, water heater, paint, LED lighting, and flooring.
The property includes additional parcels. Any future construction or development would depend on zoning, building requirements, and city approvals. A contractor currently leases the property on a yearly basis.
The property includes additional parcels. Any future construction or development would depend on zoning, building requirements, and city approvals. A contractor currently leases the property on a yearly basis.
Key Highlights
- 1,085‑square‑foot, single‑story office building built in 1937
- Approximately 0.35 acres (15,246 square feet)
- Detached garage/workshop
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
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Business Placement
Demographics for 92587, CA
17,529
Population
6,529
Households
2.7
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
7.2 sq mi
ZIP Area
2,435
Density / Sq Mi
$105,781
Median Household Income
$47,204
Median Earnings
$2,149
Median Rent
$593,800
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Riverside County, CA
Properties on Market for Office buildings in Riverside County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A contractor occupies the property under a yearly lease, and the site includes a detached garage/workshop.
Where is this office building located?
The property is located at 23971 Newport Drive Menifee, CA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1,085‑square‑foot, single‑story office building built in 1937; Approximately 0.35 acres (15,246 square feet); Detached garage/workshop
