23638 Sierra Hwy Santa Clarita, CA 91321
- Land
- 0.78 lot acres
Current Use by Public Records
- Land
Property Details for 23638 Sierra Hwy
- Lot size
- 0.78 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Clarita
- County
- Los Angeles
- State
- California
- Longitude
- -118.503
- Latitude
- 34.3686
