0 Sierra Hwy Santa Clarita, CA 91351
This exceptional 47.17-acre parcel presents a unique opportunity for residential development in the desirable Santa Clarita, California, Canyon Country area. Located off Sierra Highway, this land boasts a highly advantageous position adjacent to two existing housing tracts, ensuring seamless integration into the established community. The property's NU3 zoning permits residential construction, making it ideal for a new housing development project. Its strategic location between Sand Canyon and Soledad Canyon Roads, and in close proximity to the College of the Canyons, offers excellent accessibility and appeal to potential residents. The property includes valuable easements and rights of way agreements with neighboring properties. These agreements encompass crucial infrastructure elements, including water rights, storm drain and sewer rights, and the right to construct a new road, significantly streamlining the development process and reducing potential infrastructure costs. The APN is 2839-005-032, and the property is held in trust. This is a rare opportunity to contribute to addressing the housing shortage while capitalizing on a prime location in a thriving market. The asking price is $1,250,000. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.