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28190 San Martinez Grande Canyon Rd - Santa Clarita Valley 616 Acres 616 Acres of Agricultural Land Offered at $2,990,000 in Castaic, CA 91384
Investment Highlights
- Great Hold for Investment of Future Development
- Adjacent to the Newhall Ranch Specific Plan
Executive Summary
$4,854/acre! Seller is looking to settle an estate.
Property Facts
| Price | $2,990,000 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 616.00 AC |
| Property Type | Land | ||
| Zoning | A-2-2 - Heavy Agricultural | ||
| Price | $2,990,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 616.00 AC |
| Zoning | A-2-2 - Heavy Agricultural |
1 Lot Available
Lot
| Price | $2,990,000 | Lot Size | 616.00 AC |
| Price Per AC | $4,853.90 |
| Price | $2,990,000 |
| Price Per AC | $4,853.90 |
| Lot Size | 616.00 AC |
Total of 616+/- acres comprised of five separate APN's with direct access to the property from Martinez Grande Canyon Road, just off Highway 126. Sloping to steep terrain typical of the Santa Clarita Valley. Two rental homes provide modest income.
Description
The general layout of this land has solid development potential with many possibilities. A plateau in the middle of the Property, serviced by a loop road, can be developed to provide tremendous view opportunities. The Santa Clarita Valley has a strong home sales market with many resale homes selling for more than $1,000,000. We see this area’s value growing with increasing employment opportunities as the industrial parks and Newhall Ranch builds out.
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Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $44,884 | |
| Land Assessment | $234,935 | Total Assessment | $279,819 |
Property Taxes
Parcel Numbers
Land Assessment
$234,935
Improvements Assessment
$44,884
Total Assessment
$279,819
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