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Placerita Canyon Rd & Sierra Highway

16 Acres of Commercial Land Offered at $4,250,000 in Santa Clarita, CA 91321

INVESTMENT HIGHLIGHTS

  • During 2023-2024, six months of preparatory development work has been completed. DRC One Stop has been completed. Dept of Conservation well reviews.

EXECUTIVE SUMMARY

EACH PARCEL CAN BE SOLD SEPARATELY OR TOGETHER! $3.25 MM 11+acres (APN 2833-019-017); $1MM 5 acres (2833-019-018)
The Owners, the Engineering Company, the Department of Conservation, and the assistance of the city of Santa Clarita's Planning Department have been working together for the past six months to obtain, document, and prepare the property for developmental approval. 45-day escrow period, with all due diligence to be completed within 30 days.

PROPERTY FACTS Under Contract

Price $4,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hold For Development
  • Research and Development
  • Retail Warehouse
  • Self Storage
  • Warehouse
Total Lot Size 16.00 AC

1 LOT AVAILABLE

Lot 017 & 018

Price $4,250,000
Price Per AC $265,625.00
Lot Size 16.00 AC

This extraordinary prime location consists of 2 parcels. Immediate and future development. Easy access to the major arteries to the Antelope Valley, Los Angeles, Bakersfield, and the major business parks and residential communities within 5 miles.

DESCRIPTION

Santa Clarita is a city in northwestern Los Angeles County. With a 2020 census population of 228,673, it is the third-largest city by population in Los Angeles County. It is located about 30 miles northwest of downtown Los Angeles and occupies 70.75 square miles. Santa Clarita is bordered on the west by the Golden State Freeway (I-5). The Antelope Valley Freeway (CA-14) runs northeast-southwest, forming part of the city's irregular east boundary. The two freeways meet at Newhall Pass, near the city's southernmost point. New growth is bounding on the east side, with the Needham Ranch and Centre Point Industrial Park, both off of the Antelope Valley Freeway, and the new development of Vista Canyon. The two parcels are separated by an Edison/DWP easement for transmission lines, which the property owners have utilized for additional ingress and egress for over 40+ years. Access is off of Placerita Canyon.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2833-019-017
  • 2833-019-018
Land Assessment
$2,002,276
Improvements Assessment
$0
Total Assessment
$2,002,276

ZONING

Zoning Code SCBP (business park)
SCBP (business park)
  • Listing ID: 32112780

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: Placerita Canyon Rd & Sierra Highway, Santa Clarita, CA 91321

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