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    Property profile & analytics
    OFF-MARKET Estimated value $22,535,000
    Office buildings

    27202 Turnberry Ln, Valencia, CA 91355-1022

    62,400 SF 3.13 ac lot Built 1999
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-9971678
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1999
    Construction TILT-UP CONCRETE
    Total area 62,400 SF
    Lot 3.13 ac (136,548 SF)
    Zoning code LCA25*
    APN 2866-036-025
    UPID US09-9971678
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $22.39M
    Comparable Approach Comparable
    $22.18M
    Blend (final) Blend
    $22.54M
    Owner & transaction history
    Summit At Valencia Property LLC · 4 yrs held
    Summit At Valencia Property LLC
    since 2021
    Last sale
    $22.9M
    7 recorded transactions
    2021
    $22.9M
    2021
    2011
    2008
    $23.0M
    2008
    $6.6M
    2007
    $47.5M
    2004
    Zoning & alternative use
    LCA25* · Valencia, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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