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Property profile & analytics
OFF-MARKET Estimated value $22,400,000
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
$22.40M
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
Price N/A
2011
Price N/A
2008
$23.0M
2008
$6.6M
2007
$47.5M
2004
Price N/A
Zoning & alternative use
LCA25* · Valencia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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