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19971 Soledad Canyon Rd - Commercial Land Development Opportunity 55 Acres of Commercial Land Offered at $2,500,000 in Santa Clarita, CA 91351

INVESTMENT HIGHLIGHTS
- Commercial Land Development Opportunity
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 55.00 AC |
| Property Type | Land | ||
| Zoning | SCCN | ||
| Price | $2,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 55.00 AC |
| Zoning | SCCN |
1 LOT AVAILABLE
Lot
| Price | $2,500,000 | Lot Size | 55.00 AC |
| Price Per AC | $45,454.55 |
| Price | $2,500,000 |
| Price Per AC | $45,454.55 |
| Lot Size | 55.00 AC |
Commercial Land Development Opportunity
DESCRIPTION
The city occupies most of the Santa Clarita Valley, which includes several other unincorporated communities, such as Castaic and Stevenson Ranch. The City of Santa Clarita is estimated to have a population of 212,078 in 2021, along with a median household income of $114,000. Additionally, the city attracts homebuilders to its friendly communities and is poised for significant growth, with more than 20,000+ new single-family housing units slated for construction under the Newhall Ranch Project over the next 20 years. Santa Clarita has been recognized by several major organizations for its efforts to foster significant and sustained economic and population growth. The City of Santa Clarita was named the “Most Business-Friendly City in Los Angeles County” by the Los Angeles Economic Development Corporation (LAEDC) in 2016. The city boasts over 30 million square feet of high-quality office and industrial space. It is also home to a Foreign-Trade Zone that comprises much of the industrial sector of the city, alongside several development initiatives. In 2014, the City of Santa Clarita created the Industry Cluster Attraction Incentive program to provide tax incentives, matched by the County of Los Angeles, to qualifying companies that relocate to Santa Clarita. Participants in this program can qualify for: • Exemption from Business License Fees • Exemption from Utility Users' Tax • Exemption from Gross Receipts Tax The City of Santa Clarita is widely considered to be one of the safest and most desirable cities to live in the country. It is the third-largest city in Los Angeles County and the 24th-largest city in California. The city was formed in 1987 as an amalgamation of the unincorporated communities of Canyon Country, Newhall, Saugus, and Valencia.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $105,409 | Total Assessment | $105,409 |
PROPERTY TAXES
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19971 Soledad Canyon Rd - Commercial Land Development Opportunity
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