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25222 Wiley Canyon
About This Property
The site is currently improved with an active church and preschool, and the existing 14,628 SF building gives a buyer the flexibility to continue these uses in place or to reposition and redevelop the property based on their vision.
Zoned UR3 under the Old Town Newhall Specific Plan, the site supports up to 11 residential units per acre and is well-suited for a range of development uses, including multifamily residential, senior housing, and ADU-inclusive projects. This site presents a compelling opportunity for developers, investors, and operators seeking meaningful density potential in one of the Santa Clarita Valley's most active infill corridors.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2026 | Listed by Compass | $4,000,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017