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    23568 Sierra Hwy Santa Clarita, CA 91321

    For Sale
    $7,800,000

    6.17 Acres, Prime Location, $7.8M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6.17-acre commercial land parcel in Santa Clarita, California, presents a significant development opportunity. Located at 23568 Sierra Hwy, 91321, this Los Angeles County property boasts a Commercial zoning designation, allowing for a variety of uses including industrial, flex, office, or medical development. The site has received conditional approval for a 92,000 square foot Class A office, condo, or medical office building. Its prime location offers major freeway visibility and immediate freeway access, ensuring high traffic counts and excellent exposure. The property enjoys great views and is strategically situated near prominent landmarks such as Golden Oak Ranch, Disney and ABC Studios, and Master's College. Proximity to Centre Pointe Business Park, the planned Needham Ranch Business Park, and Valencia Town Center amenities further enhances its desirability. Environmental studies (PPCC) are on file. This offering represents an excellent development opportunity in a low-vacancy market, ideal for commercial, office, or mixed-use projects. The asking price is $7,800,000.

    Property Features for 23568 Sierra Hwy

    General Information

    Property type
    Land
    Lot Size
    268,765 SF

    HighLights

    • Excellent development opportunity in a low‑vacancy market.
    • Prime Santa Clarita location at 23568 Sierra Hwy, 91321.
    • Phase I Environmental Site Assessment (ESA) completed.
    • High‑visibility site with immediate freeway access.
    • Suitable for commercial, office, or mixed‑use development; conditional approval for a 92,000 sq ft building.
    • Strong demographics; near Golden Oak Ranch, Disney & ABC Studios, and Master's College.
    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
    -118.5031235
    Latitude
    34.3685665

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    FAQs

    What type of property is this?
    Land - 6.17 Acres, Prime Location, $7.8M
    Where is this land located?
    The property is located at 23568 Sierra Hwy Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $7,800,000.
    What are key features of this property?
    This property features: Excellent development opportunity in a low-vacancy market.; Prime Santa Clarita location at 23568 Sierra Hwy, 91321.; Phase I Environmental Site Assessment (ESA) completed.
    (661) 567-1244
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    23568 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
    23568 Sierra Hwy Santa Clarita, CA 91321
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