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    23681 Newhall Ave Santa Clarita, CA 91321

    For Sale
    $3,900,000

    High-traffic retail space, excellent visibility.

    Property size:
    12,847 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12,847-square-foot storefront, located at 23681 Newhall Ave, Santa Clarita, CA 91321, presents a compelling investment or owner-user opportunity. Built in 1987, this single-building property boasts prominent street visibility and double-sided monument signage, ensuring maximum exposure in a high-traffic area. The property benefits from additional revenue streams generated by an on-site billboard, further enhancing its investment potential. Recent improvements include a brand-new roof. Conveniently situated with easy access to freeways 14 and 5, this location offers strong demographics and high traffic counts. The property is zoned SCMX-C (Santa Clarita Mixed Use Corridor), allowing for a variety of uses. Currently, four of the twelve units are owner-occupied

    Property Features for 23681 Newhall Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,847 SF

    Building Details

    Year Built
    1987
    Buildings
    1

    HighLights

    • Excellent investment or owner‑user opportunity.
    • SCMX‑C (Santa Clarita Mixed Use Corridor) zoning.
    • High visibility with double‑sided monument signage.
    • Additional income from billboard and new roof.
    • Desirable location with high traffic counts near freeways 14 & 5.
    • Strong demographics and convenient freeway access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Finish Cut Barber ... Barber Shop 3720 LCC Hotel Mullen Finance Plan Loan Agency AutoInvest Inc. Car Dealer FILO Barbershop Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.514622
    Latitude
    34.370048

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, excellent visibility.
    Where is this individual retail property located?
    The property is located at 23681 Newhall Ave Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Excellent investment or owner-user opportunity.; SCMX-C (Santa Clarita Mixed Use Corridor) zoning.; High visibility with double-sided monument signage.
    Request Owner's contact information
    23681 Newhall Ave 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
    23681 Newhall Ave Santa Clarita, CA 91321
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