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24900 Calabasas Rd
Calabasas, CA 91302
High Profile Land with 101 Freeway Visibility · Land For Sale
·
8.66 AC
Investment Highlights
- Former 41-tee driving range
- High visibility from Calabasas Road and the 101 Freeway
- Near Calabasas Commons, Hidden Hills, medical and commercial users, and the Calabasas Stairs trail
- Fully paved entrance driveway, approximately 20-23 feet wide up to the parking area
- Located along the Calabasas Road commercial corridor near luxury auto dealerships including Audi, BMW, Cadillac, Mercedes-Benz, Volvo, and Acura 101 W
- Strong freeway exposure with traffic count of approximately 198,058 VPD per the OM
Executive Summary
Rare approximately 8.68-acre commercial land offering located at 24900 Calabasas Road in Calabasas, California. The property is a former golf driving range improved with a 2,312 SF single-story clubhouse / retail building, 37 surface parking spaces, and a fully paved entrance drive. The site offers outstanding visibility along Calabasas Road with exposure from the 101 Freeway and sits near major luxury auto dealerships including Audi, BMW, Cadillac, Mercedes-Benz, Volvo, and Acura 101 West. Zoned CL, Commercial Limited, the property presents potential for office, medical, retail, restaurant, outdoor commercial recreation, and other commercial uses, subject to buyer verification. Automotive dealership use may be possible with zoning modification and City approval. Asking price: $4,900,000.
- Prime redevelopment opportunity in affluent Calabasas
- Rare large commercial land offering along a highly visible freeway corridor
- Existing on-site improvements provide interim utility while buyer pursues redevelopment or repositioning
- Owner may also consider lease, partnership, joint venture, or build-to-suit structure
- Prime redevelopment opportunity in affluent Calabasas
- Rare large commercial land offering along a highly visible freeway corridor
- Existing on-site improvements provide interim utility while buyer pursues redevelopment or repositioning
- Owner may also consider lease, partnership, joint venture, or build-to-suit structure
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 8.66 AC |
| Zoning | CL - Commercial Limited | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.66 AC |
| Zoning | CL - Commercial Limited |
1 Lot Available
Lot
| Price | $4,900,000 | Lot Size | 8.66 AC |
| Price Per AC | $565,819.86 |
| Price | $4,900,000 |
| Price Per AC | $565,819.86 |
| Lot Size | 8.66 AC |
Rare approximately 8.68-acre commercial land offering located at 24900 Calabasas Road in Calabasas, California
Property Taxes
| Parcel Number | 2069-010-010 | Improvements Assessment | $615,500 |
| Land Assessment | $2,164,864 | Total Assessment | $2,780,364 |
Property Taxes
Parcel Number
2069-010-010
Land Assessment
$2,164,864
Improvements Assessment
$615,500
Total Assessment
$2,780,364
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