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    23638 Sierra Hwy Santa Clarita, CA 91321

    Sponsored
    For Sale
    $650,000

    0.78-acre lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.78-acre commercial land parcel is ideally situated in Santa Clarita, California, at 23638 Sierra Highway, zip code 91321, within Los Angeles County. Located near the intersection of the 14 Freeway and Sierra Highway, just north of Newhall Avenue, this property boasts exceptional visibility and accessibility due to its proximity to major transportation arteries. The site is designated as a Planned Development Area, making it particularly suitable for retail or office development. High traffic counts ensure significant exposure for any business established here. The property presents a compelling opportunity for ground lease potential, particularly for fast food and drive-through establishments. This strategic location, combined with the high traffic volume and planned development designation, offers significant potential for substantial returns on investment. The asking price for this remarkable opportunity is $650,000. This prime location in the thriving city of Santa Clarita, the third largest city in Los Angeles County, presents a rare chance to capitalize on a high-growth area with excellent freeway visibility and easy access. The property's potential for increased traffic due to new development projects further enhances its investment appeal.

    Property Features for 23638 Sierra Hwy

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    HighLights

    • High‑profile freeway visibility and convenient freeway access.
    • High traffic counts ensure strong visibility and potential customer base.
    • Part of a new development project, benefiting from increased traffic and visibility.
    • Prime location offers exceptional accessibility and market exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -118.5031209
    Latitude
    34.3685691

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    FAQs

    What type of property is this?
    Land - 0.78-acre lot, prime location.
    Where is this land located?
    The property is located at 23638 Sierra Hwy Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: High-profile freeway visibility and convenient freeway access.; High traffic counts ensure strong visibility and potential customer base.; Part of a new development project, benefiting from increased traffic and visibility.
    (661) 567-1244
    Request Owner's contact information
    23638 Sierra Hwy Santa Clarita, CA 91321
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    Santa Clarita, CA 91321
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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
    23638 Sierra Hwy Santa Clarita, CA 91321
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