23568 Sierra Hwy Santa Clarita, CA 91321
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.
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.