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    Property profile & analytics

    24343 Railroad Ave Santa Clarita, CA 91321

    • Auto shops
    • 1,080 SF
    • 0.07 lot acres
    For Sale
    View listing
    $799,999
    Value Estimation
    Last Sale
    Jul 11, 2022
    $701,007
    Location Intelligence
    Property ID
    US09-8002756
    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.

    Current Use by Public Records

    • First Roofing / Roofing Contractor

    Property Details for 24343 Railroad Ave

    Year built
    1969
    Construction
    TILT-UP CONCRETE
    Lot size
    0.07 lot acres
    Property size
    1,080 SF
    Zone code
    SCSP
    Property type
    Auto shops
    APN
    2831-012-019
    APU
    2831012019

    Description

    This exceptional retail property, located at 24343 Railroad Ave in Santa Clarita, CA 91321, presents a unique owner-user investment opportunity. The freestanding building boasts 1,080 square feet situated on a desirable 0.07-acre corner lot. Built in 1969, the property is zoned SP and features a convenient 10' x 12' loading door, making it perfectly suited for a variety of retail businesses. The asking price is $799,999, translating to a price per square foot of $740.74. The property's location in Los Angeles County, California, offers excellent visibility and accessibility. Its convenient location and ample space make it an ideal choice for an owner-operator seeking a strategic investment in a thriving Santa Clarita market. The property's APN is 2831-012-019. This is a rare chance to acquire a well-positioned retail space with significant potential for growth and return on investment. Don't miss this opportunity to own a piece of Santa Clarita's vibrant commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $740,000
      6.5%
      $800,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $825,000
      Geo Method
      $830,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $730,000
      Retail
      $650,000
      Mixed-Use
      $675,000
      Hospitality
      $680,000
      Educational
      $820,000
      Residential Income
      $840,000
      Energy
      $720,000
      Income-Based Land
      $675,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.528
    Latitude
    34.3799
    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
    $9,050
    $664,020
    $51,000
    $715,020
    -
    $0.00
    $0.00
    $0.00

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    Similar Nearby for Sale

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      Freestanding Building on Corner Lot

      Freestanding building with loading door, ideal for owner-user.
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      View Details
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      3,921.00 Acres

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    Similar Nearby for Lease

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      Santa Clarita Retail Storefront

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    24343 Railroad Ave
    Santa Clarita, CA 91321
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    Realmo Value Estimation

    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.

    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.

    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
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