27271 NewportMenifee, CA 92584

  • Retail properties
  • 6,542 SF
Off market
$14,527,260 Estimated

Property Details for 27271 Newport

Year built
2021
Construction
WOOD
Lot size
1.45 AC
Property size (Sq ft)
6,542 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
360-860-057
APU
360860057

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,643,069
    6.5%
    $2,439,756
    7%
    $2,265,488
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,891,987
    Geo Method
    $5,802,521
  • Alternative Use

    Use
    Valuation
    Residential
    $2,058,026
    Hospitality
    $1,885,140
    Educational
    $1,568,415
    Medical
    $1,622,355
    Retail
    $2,439,756
27271 Newport, Menifee, California

Location Insight

City
Menifee
County
Riverside
State
California
Latitude
33.6844
Longitude
-117.184
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$46,597
$1,611,600
$2,162,400
$3,774,000
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