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23217 Sierra Hwy - Sierra West-Excellent Development Opportunity

3.93 Acres of Commercial Land Offered at $3,950,000 in Newhall, CA 91321

Investment Highlights

  • Exceptional Development Opportunity
  • +/- 4-Acre MXC-Zoned Parcel
  • Excellent Onsite Amenities
  • Excellent Proposed Mixture of Studios and 1- and 2-Bedroom Units Including 29 Proposed Memory Care Units with a Private & Secured Courtyard
  • Fully Approved Plans for 83-Unit Senior Care Center
  • Prime Santa Clarita Valley Location Near Valencia Town Center and Downtown Newhall Amenities

Executive Summary

Spectrum Commercial Real Estate, Inc., is pleased to present Sierra West, a fully entitled assisted living facility located at the gateway of the City of Santa Clarita. The +/- 61,736-square-foot building will contain 83 ADA units, including 29 memory care units with a secured private courtyard, on a +/- 4-acre site. The design includes a 2-story lobby with grand stairs, as well as amenities such as a mail room, private offices, medical staff offices, a pharmacy, a salon, a gym, dining halls, a kitchen, lounge areas, 3 elevators, an outdoor patio with an activity area, a spa, a hillside walking trail, and a roof deck. Ground level and subterranean parking levels are included in the 5-level proposed structure. This is a unique opportunity situated in one of the largest growing commercial and residential submarkets. The location benefits from nearby Valencia Town Center and downtown Newhall amenities, restaurants, shopping, fitness facilities, day care centers, and freeway on-ramps. The Sierra West entitlement is truly an excellent development opportunity.

Property Facts

Price $3,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units - Senior
  • Medical
Total Lot Size 3.93 AC

1 Lot Available

Lot

Price $3,950,000
Price Per AC $1,006,216
Lot Size 3.93 AC

Spectrum Commercial Real Estate, Inc., is pleased to present Sierra West, a fully entitled assisted living facility located at the gateway of the City of Santa Clarita.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2827-005-048
Land Assessment
$710,868
Improvements Assessment
$0
Total Assessment
$710,868

zoning

Zoning Code Tenant to Verify
Tenant to Verify
  • Listing ID: 29487530

  • Date on Market: 9/11/2023

  • Last Updated:

  • Address: 23217 Sierra Hwy, Newhall, CA 91321

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