Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16601 Sierra Hwy Canyon Country, CA 91351
    Back to Search
    Property profile & analytics

    16601 Sierra Hwy, Canyon Country, CA 91351

    View on Map
    • Retail properties & Spaces
    • 1,020 SF
    • 0.33 lot acres
    Off-Market
    Property ID
    US09-8651670
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 16601 Sierra Hwy

    Year built
    1941
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Zone code
    LCC3*
    Property type
    Retail properties & Spaces
    APN
    3231-018-008
    APU
    3231018008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 15, 1988 $58,000 Thomas A Fortune Tanke Grant Deed —
    — — Thomas A Fortune — Deed Of Trust · related $21k · Lockheed FCU

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canyon Country
    County
    Los Angeles
    State
    California
    Longitude
    -118.427
    Latitude
    34.4476
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,212
    $108,820
    $15,688
    $124,508
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      896 SF

      16831 Sierra Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      16831 Sierra Hwy, Canyon Country, CA 91351-1344
      View Details
    • Value Estimation by Request
      1,252 SF

      17957 Sierra Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      17957 Sierra Hwy, Santa Clarita, CA 91351-3024
      View Details
    • Value Estimation
      $530,000
      769 SF

      16515 Sierra Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      16515 Sierra Hwy, Canyon Country, CA 91351-1338
      View Details
    • Value Estimation
      $765,000
      766 SF

      17035 Sierra Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      17035 Sierra Hwy, Canyon Country, CA 91351-1616
      View Details
    • Value Estimation by Request
      5,113 SF

      Sec Sierra Hwy & Soledad Cyn Rd

      Retail properties & Spaces
      0 Sec Sierra Hwy & Soledad Cyn Rd, Santa Clarita, CA 91351
      View Details
    • Value Estimation by Request
      2,100 SF

      20833 Santa Clara St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      20833 Santa Clara St, Santa Clarita, CA 91351-2426
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,525 SF

      Prime Infill Commercial Site

      High-visibility commercial site with utilities in place on Sierra Highway.
      16805 Sierra Hwy, Canyon Country, CA 91351
      View Details
    • $3,999,950
      12,960 SF

      Renovated Commercial Building For Sale

      Multi-tenant investment property with street frontage in Canyon Country, CA.
      17734 Sierra Hwy, Canyon Country, CA 91351
      View Details
    • Contact for pricing
      4,020 SF

      Two-Story Corner Building For Sale

      Two-story stand-alone building with corner location and investment potential.
      26707 Oak Ave, Santa Clarita, CA 91351
      View Details
    • $1,100,000
      1,500 SF

      Retail Space on Soledad Canyon

      Retail space in a high-traffic commercial area.
      20605 Soledad Canyon Rd, Canyon Country, CA 91351
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Corner Parcel for Lease

      1.1 AC corner parcel ideal for retail in Santa Clarita.
      Soledad Cyn Rd And Vly Ctr Dr, Santa Clarita, CA 91351
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      Retail pad site in Santa Clarita with drive-thru approvals.
      27111 Sierra Hwy, Santa Clarita, CA 91351
      View Details
    • $6,500 /Mo

      Neighborhood Retail Center Storefront

      Established retail building with strong corridor exposure and on-site parking for convenient customer access.
      20605 Soledad Canyon Rd, Santa Clarita, CA 91351
      View Details
    • $4,950 /Mo
      3,600 SF

      Automotive Repair Facility For Lease

      Mechanic automotive repair shops available soon in Canyon Country.
      20733 Soledad Canyon Rd, Canyon Country, CA 91351
      View Details
    • Contact for pricing
      24,638 SF

      Santa Clarita Retail Space For Lease

      Prime Automotive Retail, Multiple Units Available
      27125 Sierra Hwy, Santa Clarita, CA 91351
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16601 Sierra Hwy
    Canyon Country, CA 91351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16601 Sierra Hwy, Canyon Country, CA, 91351
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!