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27202 Turnberry Ln Valencia, CA 91355

6.1-acre site, fully approved, 118,949 SF

Overview

Added:
Dec 11, 2024
Days on market:
135
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

Highlights

  • 6.06-acre industrial redevelopment opportunity in Valencia, CA, with 118,949 SF of existing space across two buildings, currently 25% occupied.
  • M-1.5 zoning with finalized site plan approvals for immediate development.
  • Prime location at the I-5/SR-126 freeway interchange, offering excellent freeway access.
  • Strong Santa Clarita Valley industrial market with <2% vacancy for 12 consecutive quarters and 22% average annual rent growth over the past five years.
  • Highly desirable demographics: 72% college graduates, 43% in management/business/science/arts, and a median household income of $123,300.
  • Supply-constrained market with minimal new industrial space deliveries planned.

Property Details for 27202 Turnberry Ln

Property type
Office properties, Land
Square Feet
118,949 SF
Year Built
1999
Buildings
2
Stories
2

Location Insight

City
Valencia
County
Los Angeles
State
California
Latitude
34.443371136677
Longitude
-118.6100769013

FAQs

What type of property is this?
Office property - 6.1-acre site, fully approved, 118,949 SF
Where is the office property located?
The property is located at 27202 Turnberry Ln Valencia, CA.
What are key features of this property?
This property features: 6.06-acre industrial redevelopment opportunity in Valencia, CA, with 118,949 SF of existing space across two buildings, currently 25% occupied.; M-1.5 zoning with finalized site plan approvals for immediate development.; Prime location at the I-5/SR-126 freeway interchange, offering excellent freeway access.
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27202 Turnberry Ln
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