Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    23651 Pne St Santa Clarita, CA 91321-3106
    Back to Search
    Property profile & analytics

    23651 Pne St, Santa Clarita, CA 91321-3106

    View on Map
    • Manufacturing properties
    • 1,659 SF
    • 5.44 lot acres
    Off-Market
    Property ID
    US09-7183493
    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

    • Calex Engineering Co / Engineer / Construction Company

    Property Details for 23651 Pne St

    Year built
    1967
    Construction
    WOOD
    Lot size
    5.44 lot acres
    Zone code
    SCI
    Property type
    Manufacturing properties
    APN
    2827-014-011
    APU
    2827014011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2021 — Oaks At Pine Place LLC — Deed · related $1.4M · Mission Valley Bank
    Feb 27, 2015 — Oaks Of Pine Place LLC Seitz Kenny Trust Quit Claim Deed · related —
    Jul 15, 2014 — Neilson,michael & Brenda Trust — Grant Deed · related $3M · Mission Vly Bk
    Aug 28, 2012 — Michael Seitz Michael N Neilson Intrafamily Transfer · related $1.2M · Mission Valley Bank
    Jan 25, 2008 — Neilson M & B Family Trust Neilson,mike & Brenda Quit Claim Deed · related —
    Jul 16, 2007 — Gerald E Gibbs Gibbs,kimberly A Quit Claim Deed · related —
    Jul 16, 2007 $1,250,000 Mike Neilson Gibbs,gerald E & Jennifer Grant Deed $615k · First American Exchange Co LLC
    Jul 23, 2003 — Seitz,tr Seitz,kenny Quit Claim Deed · related —
    Dec 19, 2002 $628,682 Grrald E Gibbs Gibbs,gerald E Quit Claim Deed · related —
    Dec 19, 2002 — Grrald E Gibbs Thompson,james Quit Claim Deed · related —
    Dec 19, 2002 $314,000 Grrald E Gibbs Thompson,betty Quit Claim Deed · related —
    Nov 20, 2001 — Kenneth Seitz Seitz,e Quit Claim Deed · related —
    Oct 27, 1997 $28,000 Kenneth Seitz Calex Engineering Co Grant Deed —
    Aug 24, 1993 $381,372 Kimberly A Gibbs Thomas,julie A & Quit Claim Deed · related $550k · Valencia National Bank
    — — Gerald E Gibbs — Deed Of Trust · related $375k · Individual
    — — Mike Neilson — Deed Of Trust · related $700k · City National Bank

    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
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.524
    Latitude
    34.3661
    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
    $24,748
    $860,143
    $276,892
    $1,137,035
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9.85 Acres

      Newhall, CA 91321

      MANUFACTURING (LIGHT)
      Newhall, CA 91321
      View Details
    • Value Estimation
      $760,000
      2,424 SF

      22432 12th St

      MANUFACTURING (LIGHT)
      22432 12th St, Santa Clarita, CA 91321-1102
      View Details
    • Value Estimation
      $515,000
      3,060 SF

      22510 5th St

      MANUFACTURING (LIGHT)
      22510 5th St, Santa Clarita, CA 91321
      View Details
    • Value Estimation
      $1,465,000
      12,960 SF

      24610 Pne St

      MANUFACTURING (LIGHT)
      24610 Pne St, Santa Clarita, CA 91321-1118
      View Details
    • Value Estimation
      $835,000
      7,076 SF

      24604 Pne St

      MANUFACTURING (LIGHT)
      24604 Pne St, Santa Clarita, CA 91321-1118
      View Details
    • Value Estimation by Request
      888 SF

      Santa Clarita, CA 91321

      PROCESSING PLANT (CEMENT, GRAVEL)
      Santa Clarita, CA 91321
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,040 SF

      Main Street Redevelopment Opportunity

      Retail, office, or multifamily redevelopment potential in Santa Clarita.
      24237 Main St, Santa Clarita, CA 91321
      View Details
    • $2,900,000

      Corner Location in Arts District

      Located in Santa Clarita's premier Arts and Entertainment District.
      22607 Main St, Santa Clarita, CA 91321
      View Details
    • Contact for pricing
      4,216 SF

      Freestanding Corner Building For Sale

      Freestanding corner building in Old Town Newhall's Arts & Entertainment corridor.
      22600 Lyons Ave, Santa Clarita, CA 91321
      View Details
    • $714,900
      1,258 SF

      Newhall Duplex with Income Potential

      Duplex in Downtown Newhall with updated units and great location.
      24047 Arch St, Newhall, CA 91321
      View Details
    • $275,000
      7,950.00 Acres

      Premium Lot in Bella Vista Estates

      Build your dream home with panoramic views in Newhall.
      24901 Bella Vista Dr, Newhall, CA 91321
      View Details

    Similar Nearby for Lease

    • $3,450 /Mo
      1,940 SF

      Newhall Commercial Space with Warehouse

      Prime commercial space with executive offices and warehouse.
      24609 Arch St, Newhall, CA 91321
      View Details
    • Contact for pricing
      2,700 SF

      Santa Clarita Retail Spaces Available

      Retail and restaurant spaces available near I-5 and Lyons Ave.
      23404-23434 Lyons Ave, Santa Clarita, CA 91321
      View Details
    • Contact for pricing

      Santa Clarita Executive Suites

      Premium executive suites in a prime Santa Clarita location.
      22621 Lyons Ave, Santa Clarita, CA 91321
      View Details
    • Contact for pricing
      752 SF

      Retail Space Available For Rent

      Retail space available, can be combined with adjacent suite.
      24317-24319 Main St, Santa Clarita, CA 91321
      View Details
    • Contact for pricing

      Prime Ground Lease Opportunity

      Rare 68,600 SF ground lease near Old Town Newhall.
      Nwc Of Newhall Ave & Needham Rnch Pkwy, Newhall, CA 91321
      View Details
    • Contact for pricing

      Retail, Medical, and Office Park

      Flexible leasing opportunities in a well-established Retail, Medical, and Office Park.
      23548 Lyons Ave, Santa Clarita, CA 91321
      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.
    23651 Pne St
    Santa Clarita, CA 91321-3106
    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
    23651 Pne St, Santa Clarita, CA, 91321
    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!