Commercial Land in Burbank, California, offers a unique opportunity for investors to tap into the city's strong economy and entertainment industry presence. As a hub for media and entertainment companies, Burbank provides a prime location for businesses to establish themselves, making Commercial Land a valuable investment. These properties can represent a range of investments, from office spaces to retail centers, and even production studios. With its proximity to major transportation facilities, including the Hollywood Burbank Airport and major freeways, Burbank's Commercial Land offers easy access to the city and its amenities. The city's strong infrastructure, including the Burbank Water and Power department and public transportation system, also supports businesses and residents alike. Additionally, Burbank's education system, with institutions like Woodbury University and PUC Schools, provides a skilled workforce, making it an attractive location for companies. The city's geography, with its mild climate and scenic views of the Verdugo Mountains, also makes it an appealing place to live and work. With attractions like Warner Bros. Studio Tour and The Walt Disney Studios, Burbank is a great place for business and travel.
Burbank's Commercial Land is situated in a prime location, with 7 listings available. The average price per square foot is $377 USD, with an average size of 23,485 square feet. The largest available property spans 23,485 square feet. With an average cap rate of , Commercial Land in Burbank offers a promising investment opportunity. In addition to Commercial Land, Burbank also offers other property types, such as office spaces, retail centers, and industrial properties, each with its own unique characteristics and investment potential. The city's strong economy, infrastructure, and amenities make it an attractive location for businesses and residents alike. Overall, Burbank's Commercial Land presents a valuable investment opportunity for those looking to tap into the city's thriving entertainment industry and strong economy.
What are common commercial uses for land in the Burbank market?
Commercial land in Burbank is often utilized for office spaces, studios, and production facilities, catering to the city's prominent entertainment industry, with companies like Warner Bros. Entertainment, The Walt Disney Company, and Nickelodeon Animation Studio operating in the area. Additionally, the land is also used for retail and hospitality purposes, such as restaurants, hotels, and shopping centers, taking advantage of the city's high foot traffic and tourist attractions like the Hollywood Burbank Airport and Warner Bros. Studio Tour.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Burbank, California, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a commercial real estate broker, or explore online marketplaces like LoopNet, which offers a range of commercial land listings, including 7 available listings in Burbank, with an average price per square foot of $377 USD and an average size of 23,485 square feet.
Before making a purchase, it's essential to understand the process and considerations involved in buying land, which is why we recommend reading our article on how to buy land to ensure a successful and informed investment. In Burbank, developers can find opportunities to build on parcels ranging from 23,485 to 23,485 square feet, with an average cap rate of , making it an attractive location for development projects.
