23500 Valencia BlvdSanta Clarita, CA 91355

Property Details for 23500 Valencia Blvd

Year built

1995

Construction

WOOD

Lot size

1.84 AC

Property size (Sq ft)

11,043 SF

Zone code

SCCR

Property type

Retail space

APN

2811-025-062

APU

2811025062

Description

This exceptional 22,762 square foot flex space, situated on a 1.93-acre lot at the bustling Valencia Auto Mall, presents a unique investment opportunity. Built in 1995, the property boasts a single-tenant occupancy with 3,950 square feet currently vacant. The building features a prominent showroom and five spacious auto bays, ideal for a variety of automotive-related businesses or adaptable to other uses. Its prime location at the intersection of Valencia Blvd and Magic Mountain Pkwy ensures high visibility and accessibility, benefiting from significant vehicle traffic counts within the established auto mall. The property offers convenient 24-hour access, ample parking (first-come, first-served), and dedicated storage space. The building also includes air conditioning for optimal comfort. Its strategic location offers proximity to major transportation arteries, including the 5 Freeway and 14 Freeway, providing easy commutes for employees and customers. Furthermore, the property enjoys a desirable location near the Valencia Town Center mall, numerous restaurants, and College of the Canyons, enhancing its appeal and potential for attracting a diverse clientele. This property represents a rare opportunity to secure a well-positioned, versatile commercial space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,307,412

  6.5%

  $3,976,072

  7%

  $3,692,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,291,841

  Geo Method

  $5,291,841

• Alternative Use

  Use

  Valuation

  Residential

  $3,353,966

  Hospitality

  $3,072,214

  Educational

  $2,556,046

  Medical

  $2,643,952

  Retail

  $3,976,072

Location Insight

City

Santa Clarita

County

Los Angeles

State

California

Latitude

34.4162

Longitude

-118.549

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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