Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

23971 Newport Dr Canyon Lake, CA 92587

OFF-MARKET
Grocery and convenience stores
Property ID
US10-3224654
1,085 SF 0.12 ac lot Built 1937
Last sale Nov 2022 · $290,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property presents a rare opportunity in the burgeoning Menifee market. Located at 23971 Newport Drive, this 1,085 square foot office space has undergone a complete remodel, boasting newer windows, electrical system, energy-efficient LED ceiling lights, fresh drywall, paint, flooring, and fixtures. The property includes a detached two-car garage/workshop, ideal for storage or additional workspace. While currently utilized as a tax preparation business, its…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$245k
Assessed land$26k
Assessed improvement$219k
Effective rate1.17%

Value estimate

· Nov 2026
$315k
$284k – $347k
AI approach$240k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$861/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$212 – $1,778

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1/CP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.4
HVAC Service9.5
Hair Salon8.9

Location

23971 Newport Dr Canyon Lake, CA 92587-9015
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 23971 Newport Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved