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    28999 Newport Rd Menifee, CA 92584

    • Retail properties
    • 121,277 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 28999 Newport Rd

    Property size
    121,277 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.154
    Latitude
    33.685

    Comparable in this City

    • Value Estimation by Request
      43,000 SF

      Newport Rd

      Restaurants • 43,000 SF
      0 Newport Rd, Menifee, CA 92584
      View Details
    • Value Estimation by Request
      139,410 SF

      30472 Haun Rd

      DEPARTMENT STORE • 139,410 SF
      30472 Haun Rd, Menifee, CA 92584-6810
      View Details
    • Value Estimation by Request
      89,137 SF

      30252 Haun Rd

      DEPARTMENT STORE • 89,137 SF
      30252 Haun Rd, Menifee, CA 92584-6809
      View Details
    • Value Estimation by Request
      172,887 SF

      30340 Haun Rd

      DEPARTMENT STORE • 172,887 SF
      30340 Haun Rd, Menifee, CA 92584-6806
      View Details
    • Value Estimation by Request
      1,260 SF

      29787 Rd

      Retail properties • 1,260 SF
      29787 Rd, Menifee, CA 92584
      View Details
    • Value Estimation by Request
      20,870 SF

      30274 Haun Rd

      DEPARTMENT STORE • 20,870 SF
      30274 Haun Rd, Menifee, CA 92584-6822
      View Details

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      Menifee Land: 8.7 Acres

      Prime Menifee commercial/residential land
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    • $22,000,000
      27.62 Acres

      Menifee Freeway Commercial Land

      Prime 27-acre development site, I-215 frontage.
      0 Haun Rd And Ln Piedra Rd, Menifee, CA 92584
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    • $750,000
      1.96 Acres

      Menifee Industrial Land - $750K

      1.96 Acres, Prime Commercial Location
      0 Bailey Park Blvd, Menifee, CA 92584
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    Similar Nearby for Lease

    • Contact for pricing
      121,277 SF

      28999 Newport Rd

      Restaurants • 121,277 SF
      28999 Newport Rd, Menifee, CA 92584
      View Details
    • Contact for pricing
      528,000 SF

      Shops at Scott: Menifee Retail Space

      Prime Menifee retail space available now.
      27701 Scott Rd, Menifee, CA 92584
      View Details
    • Contact for pricing
      25,049 SF

      Retail Property on Newport Road

      Retail property available for lease on Newport Road, Menifee, CA.
      26015-26045 Newport Rd | Menifee, Menifee, CA 92584
      View Details
    • Contact for pricing
      58,600 SF

      Retail and Drive-Thru Spaces Available

      Pre-leasing retail and drive-thru pads in new shopping center.
      Nec Newport Rd. & Bradley Rd, Menifee, CA 92584
      View Details
    • Contact for pricing
      721 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 3,048 square feet.
      30010-30472 Haun Rd | Menifee, Menifee, CA 92584
      View Details
    • $250,000

      Menifee Land for Lease

      Two parcels totaling 1.94 acres available for ground lease.
      27073-27097 Newport Rd, Menifee, CA 92584
      View Details
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    28999 Newport Rd
    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
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