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    23661 Newhall Ave Santa Clarita, CA 91321

    For Sale
    $2,800,000

    7,000 SF Retail Space, High Visibility

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7,000-square-foot retail storefront, located at 23661 Newhall Avenue in Santa Clarita, California, presents a compelling investment or owner-user opportunity. Situated in a highly desirable location, this single-story, 1983-built property boasts outstanding street visibility and excellent signage potential along Newhall Avenue, ensuring maximum exposure for your business. The property features a recently installed brand new roof, providing both immediate appeal and long-term stability. The building sits on a 7,000 square foot lot, with a permitted SCMX-C zoning designation. Strong local demographics and the influx of new developments in the area contribute to high traffic counts and easy freeway access via the nearby 14 and 5 freeways. This property is part of a larger portfolio but can be purchased separately. The APN is 2827-004-016. This prime location offers significant potential for growth and return on investment, making it an ideal choice for discerning buyers seeking a strong foothold in the thriving Santa Clarita market. The asking price is $2,800,000.

    Property Features for 23661 Newhall Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,000 SF

    Building Details

    Year Built
    1983
    Buildings
    1
    Stories
    1

    HighLights

    • Owner‑user or investment opportunity.
    • Excellent street visibility and signage potential on Newhall Avenue.
    • Highly desirable Santa Clarita location.
    • Recently installed brand new roof.
    • Strong demographics, high traffic counts, and easy freeway access (14 & 5 Freeways).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Douglas Furniture Furniture Store

    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
    -118.5141992
    Latitude
    34.3699065

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    FAQs

    What type of property is this?
    Individual retail property - 7,000 SF Retail Space, High Visibility
    Where is this individual retail property located?
    The property is located at 23661 Newhall Ave Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Owner-user or investment opportunity.; Excellent street visibility and signage potential on Newhall Avenue.; Highly desirable Santa Clarita location.
    Request Owner's contact information
    23661 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
    23661 Newhall Ave Santa Clarita, CA 91321
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