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    Property profile & analytics

    23991 Vis Way Menifee, CA 92587

    • Manufacturing properties
    For Sale
    View listing
    $599,500
    Value Estimation
    Location Intelligence
    Property ID
    US10-2284036
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 23991 Vis Way

    Property type
    Manufacturing properties

    Description

    This exceptional .45-acre corner lot in Menifee, California, presents a remarkable investment opportunity. Located at 23991 Vista Way, this property boasts high visibility due to its prime corner location and significant traffic flow. Currently zoned residential, the property is undergoing a zone change to commercial, with an application already submitted to the city of Menifee. Only the final use submission is needed to complete the rezoning process. The property is fully fenced and comprises two Assessor's Parcel Numbers (APNs). This makes it ideal for a variety of commercial or industrial uses, offering significant potential for development and return on investment. The asking price is $749,000. Situated in Riverside County, with a 92587 zip code, the property's precise coordinates are 33.6890124 latitude and -117.2407698 longitude. This is a rare chance to acquire a strategically located parcel poised for immediate commercial development. Don't miss this chance to capitalize on the growth potential of this prime Menifee location.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Canyon Lake
    County
    Riverside
    State
    California
    Longitude
    -117.2407698
    Latitude
    33.6890124

    Comparable in this City

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      Menifee Land/Lot For Sale

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      Menifee Land with Lake View

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      Residential land for sale in Menifee, California.
      Crosshill Dr, Menifee, CA 92587
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    • $45,000
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      Residential Land in Canyon Lake

      Land suitable for building a dream home or installing manufactured house.
      Schirmer Dr, Canyon Lake, CA 92587
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    • $40,000
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      Menifee Land/Lot Opportunity

      Over half acre lot suitable for building dream home.
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      Residential Lot in Menifee, CA

      Residential land for sale in Menifee, California.
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      Menifee Land with Valley Views

      2.3-acre hillside lot with valley views, ideal for custom home.
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      Menifee Land with Canyon Views

      Hilltop lot in Menifee with sunset and Canyon Lake views.
      Lucas Dr, Menifee, CA 92587
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    • $32,000
      9,148.00 Acres

      Residential Land with Hilltop View

      Residential land in Menifee with potential for future development.
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      View Details
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    23991 Vis Way
    Menifee, CA 92587
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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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