949-557-5012
27567 Sierra Hwy, Santa Clarita, CA for Sale
Car Washes - FOR SALE
1/5
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27567 Sierra Hwy
Santa Clarita, CA 91351
Canyon Country


HIGHLIGHTS

  • Unpriced Receivership Sale — Property To Be Sold To The Highest Qualified Bidder, Subject To Court Approval
  • 2.37 Acres Infill Redevelopment Opportunity in Santa Clarita Market
  • 5,656 SF Fire Damaged Automotive Facility, 1,533 SF Car Wash, Billboard with short-term lease and Excess land to build
  • Opportunity to create value through reconstruction, expansion, additional development, repositioning, or redevelopment
  • Rare opportunity to acquire a large infill site in an established Southern California market.
  • More than 61,000 people reside within a 2-mile radius, with average household income exceeding $129,000

OVERVIEW

Unpriced Receivership Sale — Property To Be Sold To The Highest Qualified Bidder, Subject To Court Approval. Kidder Mathews and Highland Partners Corp are pleased to exclusively offer for sale 27565–27567 Sierra Hwy, Canyon Country (Santa Clarita Valley), CA 91351, a unique 2.37-acre infill redevelopment opportunity offered through a receivership sale, subject to Court approval. The property is offered without a published asking price and will be sold to the highest qualified bidder in accordance with the terms and procedures of the receivership sale. The property is improved with an approximately 5,656-square-foot fire-damaged automotive repair building, approximately 1,533-square-foot existing car wash, and a billboard. The property's oversized parcel relative to the existing improvements provides multiple potential value-creation strategies, including reconstruction of the existing automotive facility, development of additional improvements on the excess land, lease repositioning, and broader redevelopment. The automotive building has sustained significant fire damage and requires substantial reconstruction. A land to add additional buildings or improvements, subject to applicable zoning, parking, access, permitting, and governmental approvals. The existing car wash is subject to a long-term lease is currently in default and an eviction process is underway, providing an opportunity for a new owner to evaluate the tenancy and determine the optimal long-term strategy, subject to the existing lease, legal proceedings, and Court approval. The existing billboard is leased at below-market rent through July 31, 2027, with no renewal options, providing a potential near-term opportunity to increase rental income upon expiration. The property is prominently located along Sierra Highway at a high-traffic intersection generating over 83,000 vehicles per day. The surrounding 2-mile trade area has a population exceeding 61,000 and average household income exceeding $129,000, providing strong visibility and access to an established and relatively affluent customer base. The combination of substantial land, high traffic exposure, strong demographics, existing income producing components, and potential for additional development on the oversized land parcel makes this an attractive opportunity for investors, developers, owner-users, and automotive operators. Prospective purchasers should independently investigate all aspects of the property, including physical and environmental conditions, title, leases, zoning, permitted uses, development potential, parking, access, and governmental requirements. Prospective purchasers should verify zoning and permissible uses directly with the City of Santa Clarita Planning Department and should not rely solely on information contained in this offering memorandum regarding zoning, permissible uses, or development potential

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Receivership Sale - 2.37 Acres Redevelopment

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Auto Repair, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

LCC3

APN/PARCEL ID

2803-028-012

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Fouy LyKidder MathewsMore Info
949-557-5012

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Fouy LyKidder MathewsMore Info
949-557-5012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.