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    23947 Newhall Ave Santa Clarita, CA 91321

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    Full-service veterinary hospital with boarding, daycare, and grooming services.

    Property size:
    13,991 SF
    Lot size:
    19,166.00 Acres

    Property Features for 23947 Newhall Ave

    General Information

    Standard status
    Active
    Zoning
    CORR
    Size
    13,991 SF
    Lot size
    19,166.00 Acres

    Building Details

    Year built
    1990

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    Listing Contact
    William White
    William White
    Source: Crexi

    Listing Agency: Peak Commercial Listing Agent: William White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Santa Clarita Animal Care Center

    The Evergreen Animal Care Center, situated in Santa Clarita, CA, represents a business and real estate opportunity. This full-service veterinary hospital provides comprehensive pet care, including luxury boarding, daycare, and grooming services. The clinic is committed to high-quality medical care with a focus on preventative health and pet owner education. Services include veterinary care such as wellness exams, surgery, dental care, spay/neuter, ultrasound, in-house diagnostics, dermatology, and cardiology. Specialized services offered are geriatric care, flea control, and nutritional counseling. The pet resort provides luxury boarding and daycare options, ensuring a safe and comfortable environment for pets. The facility includes 3 exam rooms, 88 boarding enclosures for dogs and 15 boarding enclosures for cats, and a daycare capacity for 15-20 cats/dogs. There are two groomers, with a grooming capacity of 20-30 cats/dogs. The property size is 13991 square feet. The business is valued at $250,000. One DVM is staying post sale. This is a turnkey investment opportunity for veterinarians or investors in the pet care industry.
    Location Intelligence

    Current Use by Public Records

    Evergreen Animal Care ... Veterinary Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.5206185
    Latitude
    34.3734735

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    FAQs

    What type of property is this?
    Retail space - Full-service veterinary hospital with boarding, daycare, and grooming services.
    Where is this retail space located?
    The property is located at 23947 Newhall Ave Santa Clarita, CA.
    What are key features of this property?
    This property features: - Established, profitable business with a proven track record and a valuation of $250,000.; - Full-service veterinary hospital with comprehensive pet care services, including luxury boarding, daycare, and grooming.; - Turnkey investment opportunity suitable for veterinarians or investors in the pet care industry.
    Request Owner's contact information
    23947 Newhall Ave Santa Clarita, CA 91321
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    Santa Clarita, CA 91321
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    23947 Newhall Ave Santa Clarita, CA 91321
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    Listing Contact
    William White
    William White
    Real Estate License ID: 01970431
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