27202 Turnberry Ln Valencia, CA 91355-1022
Property profile & analytics
27202 Turnberry Ln Valencia, CA 91355-1022
- Office buildings
- 62,400 SF
- 3.13 lot acres
Property ID
US09-9971678
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 27202 Turnberry Ln
- Year built
- 1999
- Construction
- TILT-UP CONCRETE
- Lot size
- 3.13 lot acres
- Property size
- 62,400 SF
- Zone code
- LCA25*
- Property type
- Office buildings
- APN
- 2866-036-025
- APU
- 2866036025
Description
This exceptional 6.06-acre industrial redevelopment opportunity in Valencia, Los Angeles County, CA, presents a unique investment prospect. The property, located at 27202 & 27220 Turnberry Lane, boasts 118,949 square feet of existing space across two two-story buildings, currently at 25% occupancy. The site is zoned M-1.5 and features finalized site plan approvals, allowing for immediate development commencement. Strategically positioned adjacent to the I-5/SR-126 freeway interchange with I-5 frontage, this location offers unparalleled access to major transportation arteries. The Santa Clarita Valley's robust industrial market, characterized by a sub-2% vacancy rate for 13 consecutive quarters and 22% average annual rent growth over the past five years, makes this a highly desirable investment. The area's strong demographics, including a high percentage of college-educated residents and a high median household income, further enhance the property's appeal. The existing buildings can be delivered fully vacant. This presents a rare chance to capitalize on the limited supply of available industrial space in a thriving market with significant growth potential. The APN is 2866-036-025
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $22,400,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $24,250,000
- 6.5%
- $22,385,000
- 7%
- $20,785,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $22,179,000
Market price range: $22.2M - $37.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $30,485,000 Current use
- AUTO REPAIR, GARAGE
- $28,860,000 Change: -5% Conversion: Difficult
- MEDICAL BUILDING
- $28,365,000 Change: -7% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Valencia
- County
- Los Angeles
- State
- California
- Longitude
- -118.61
- Latitude
- 34.4437
- 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
$126,391
$1,707,296
$6,171,652
$7,878,948
-
$0.00
$0.00
$0.00
