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31426 The Old Road

Castaic CA 91384

89438 sq. ft.
Land
Currently for sale - view listing

Overview

PRIME Location ZONED COMMERCIAL OVER 2 acres of prime land on Old Road in Castaic. HUGE development opportunity with over 400 ft of CA 5 FREEWAY exposure! Sale consists of 3 APNs totaling 2.06 ACRES. THIS IS THE MOST VISIBLE Commercially ZONED LOT of sale off the 5 Freeway in Castaic with 156,000+ daily traffic count. IN 2008, lot was approved for 113 units Holiday Express & Suites in the year 2008. At that time, over 700K was spent on: Architect & Engineering, Landscape Designer & Interior Design, which all info will be provided to review. This is an Excellent opportunity for the savvy investor who wants to build the name brand Motel or Hotel, Apartment, with Fantastic visibility from 5 FREEWAY. LOCATION! LOCATION! LOCATION! DON'T MISS OUT THIS OPPORTUNITY! The information contained herein obtained from sources deemed reliable but not guaranteed. Buyer to verify square footage and usage of the land, etc.

Features

89438 sq. ft. lot size
Land

Happy sellers in Castaic

88%
88% of sellers in Castaic reported that their sale price either exceeded or met their price expectations.

Castaic stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Castaic over the last 12 months.

Local market activity for land plots in Castaic

In the last 12 months, 18 land plots similar to 31426 The Old Road, have been sold.

This represents a 46% increase in land plots sales when compared to the previous 12 months.

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