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24900 Calabasas Rd - High Profile Land with 101 Freeway Visibility 8.66 Acres of Commercial Land Offered at $6,786,451 CAD in Calabasas, CA 91302
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
| Price | $6,786,451 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.66 AC |
| Property Type | Land | ||
| Zoning | CL - Commercial Limited | ||
| Price | $6,786,451 CAD |
| 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 | $6,786,451 CAD | Lot Size | 8.66 AC |
| Price Per AC | $783,654.84 CAD |
| Price | $6,786,451 CAD |
| Price Per AC | $783,654.84 CAD |
| Lot Size | 8.66 AC |
Rare approximately 8.68-acre commercial land offering located at 24900 Calabasas Road in Calabasas, California
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2069-010-010 | Improvements Assessment | $851,895 CAD |
| Land Assessment | $2,996,323 CAD | Total Assessment | $3,848,219 CAD |
Property Taxes
Parcel Number
2069-010-010
Land Assessment
$2,996,323 CAD
Improvements Assessment
$851,895 CAD
Total Assessment
$3,848,219 CAD
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24900 Calabasas Rd - High Profile Land with 101 Freeway Visibility
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