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23568 Sierra Hwy - Prime Development Opportunity 6.14 Acres of Commercial Land Offered at $7,800,000 in Santa Clarita, CA 91321

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INVESTMENT HIGHLIGHTS

Excellent Development Opportunity in a Prime Santa Clarita Location
Major Freeway and Street Frontage
Excellent Demographics

6.14 Acre Commercial zoned vacant parcel of land
Conditional approval for 92,000 SF of Class A Office, Condo or Medical Offices.
Adjacent to Golden Oak Ranch, Disney and ABC Studios and Master's College. Easy access to multiple freeway On/Off ramps

EXECUTIVE SUMMARY

Spectrum Commercial Real Estate, Inc., is proud to present an exceptional development opportunity to purchase an approximately 6.14 Acre CCPD zoned vacant parcel of land. The City of Santa Clarita is the third largest city in Los Angeles County, California, and the 24th largest in the state of California. Incorporated in 1987 to Los Angeles County, the city has annexed a number of unincorporated areas, contributing to the large population increase. Santa Clarita is located about 35 miles northwest of downtown Los Angeles and occupies most of the Santa Clarita Valley. The city of Santa Clarita was ranked by Money magazine in 2006 as 18th of the top 100 places to live. Santa Clarita is bounded on the west by the Golden State Freeway (I-5) while the Antelope Valley Freeway (SR-14) runs northeast-southwest through an irregular east border. The Newhall Pass is the city's southernmost point.Prime Location (the Gateway to Santa Clarita) Old Town Newhall location. Between the 14 Frwy and Sierra Hwy, this huge opportunity for owner/user/investment to be a part of the Old Town Newhall Specific Plan Project with maximum visibility. Area will be served by a commercial corridor, two neighborhoods and an industrial district. Over 1000 residential units and 1 million sq. ft. of commercial space are all a part of the Specific Plan (SP).

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PROPERTY FACTS

Price	$7,800,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Hospitality
No. Lots	1	Total Lot Size	6.14 AC
Property Type	Land

Price	$7,800,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Hospitality
Total Lot Size	6.14 AC

1 LOT AVAILABLE

Lot

Price	$7,800,000	Lot Size	6.14 AC
Price Per AC	$1,270,358.31

Price	$7,800,000
Price Per AC	$1,270,358.31
Lot Size	6.14 AC

** PRIME DEVELOPMENT OPPORTUNITY** An approximately 6.14 Acre Commercial zoned vacant parcel of land. The site currently has a conditional approval for 92,000 SF of Class A Office, Condo or Medical Offices. PD Zoning - City approval

DESCRIPTION

Spectrum Commercial Real Estate, Inc., is proud to present an exceptional development opportunity to purchase an approximately 6.14 Acre CCPD zoned vacant parcel of land. The property presents with an exceptional commercial development opportunity of a variety of use applications such as industrial, flex, office or medical. The site currently has a conditional approval for 92,000 SF of Class A Office, Condo or Medical Offices. This property boasts Great Views with major Freeway Visibility and Immediate Freeway Access. Its located in a Prime Santa Clarita location with high traffic counts. The property is ideal for Commercial, Office or Mixed-Use Development. This property is adjacent to Golden Oak Ranch, Disney and ABC Studios and Master's College. It has easy access to multiple freeway On/Off ramps. Minutes from Centre Pointe Business Park, Planned Needham Ranch Business Park and Valencia Town Center Amenities.

PROPERTY TAXES

Parcel Number	2833-018-020	Improvements Assessment	$0
Land Assessment	$515,739	Total Assessment	$515,739

PROPERTY TAXES

Parcel Number

2833-018-020

Land Assessment

$515,739

Improvements Assessment

Total Assessment

$515,739

ZONING

Zoning Code	Tenant to Verify
Tenant to Verify

Listing ID: 14041290
Date on Market: 1/29/2016
Last Updated:
Address: 23568 Sierra Hwy, Santa Clarita, CA 91321

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23568 Sierra Hwy, Santa Clarita, CA for sale Building Photo- Image 1 of 5 — 23658sierra

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