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Property profile & analytics
OFF-MARKET
Land

23568 Sierra Hwy Santa Clarita, CA 91321

6.17 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 6.17 ac (268,765 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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