24309 Creekside RdSanta Clarita, CA 91355

Property Details for 24309 Creekside Rd

Year built

1987

Construction

TILT-UP CONCRETE

Lot size

1.89 AC

Property size (Sq ft)

26,320 SF

Zone code

SCCR

Property type

Retail properties

Property subtype

Auto shops

APN

2811-025-027

APU

2811025027

Description

This exceptional 26,320-square-foot retail space, located at 24309 Creekside Rd in Valencia, California, presents a unique opportunity for automotive businesses seeking a prominent presence in Los Angeles County. The property is a single-tenant building, offering complete control and flexibility to the lessee. Situated in the vibrant city of Valencia, zip code 91355, this location benefits from high visibility and convenient access for customers. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to perfectly suit their operational needs. The property's substantial size allows for a wide range of automotive-related uses, from sales showrooms and service centers to parts distribution and repair facilities. With its strategic location in Los Angeles County and ample square footage, this property offers significant potential for growth and success. The property is classified as retail, subtype automotive, and is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore the possibilities this prime location offers. The property is located at 34.4222893 latitude and -118.5605546 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $10,266,193

  6.5%

  $9,476,486

  7%

  $8,799,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,612,628

  Geo Method

  $12,612,628

• Alternative Use

  Use

  Valuation

  Residential

  $7,993,771

  Hospitality

  $7,322,251

  Educational

  $6,092,027

  Medical

  $6,301,541

  Retail

  $9,476,486

Location Insight

City

Santa Clarita

County

Los Angeles

State

California

Latitude

34.4223

Longitude

-118.561

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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