24900 CALABASAS RD., Calabasas, CA 91302

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24900 CALABASAS RD., Calabasas, CA

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8.66 acres of Golf Course/Driving Range zoned CL , visible from 101 FWY (Exit Parkway Calabasas),buildable land is approx. 6 acres. Parcel is included in West Calabasas Rd. Master Plan. Also included in Calabasas 2030 General Plan (EIR). This Parcel did very well in the study (class II +) from Aethethics to Utilities. Comparable sites w/ in 2 mile range assessed at $12M-$15M. All utilities are in the land from Gas, Elec.,Water, Sewer, Fiber Optic Cable ready. Walking distance to Auto Dealers. Previous Owner had a plan to build 75K sq. ft. of Medical / Office Building w/ 607 parking space (4 1/2 level Subterranean) enough parking space to accomodate all the Auto Dealers around the area. The only parcel in the area that has a paved private road. 2,500 sq. ft. Pro Shop included. Seller has a lease w/ Cell Company (Sprint) antenna $1300+/mo income. Cell Tower can be move to a diff. location if needed. Land Use: Office, Medical Building, Bank, Child Care, Extended Care, Grocery, Retail Stores, Restaurants , Outdoor or indoor Commercial Recreation, Senior Assisted Living, Automobile Storage (currently has 100 parking space) Possible Mixed Use. Adjacent parcel to the west (3.2 acres) also available for sale. If combine together 8.66 + 3.2 = 11.86 acres...

Lancetiu Ong Prudential California Realty