23500 Valencia BlvdSanta Clarita, CA 91355

  • Retail properties
  • 11,043 SF
For Lease
$33.60/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
23500 Valencia Blvd, Santa Clarita, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$62,571
$2,545,682
$1,232,704
$3,778,386
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