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2.6 Acres Red Hl Ave & Victory Rd Tustin, CA 92782

6.8 Acres, Prime Orange County Location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 6.8-acre development site in Tustin, CA (92782), presents a unique build-to-suit opportunity. Zoned for educational use, this level and clear site boasts a prime location within the 1,606-acre Tustin Legacy master-planned community, offering high visibility and outstanding demographics. The median household income within one mile is $116,475. All street and utility infrastructure is complete, making this a truly development-ready parcel. The site allows for a building up to six stories high, with a high floor area ratio (FAR) possible. A long-term ground lease of up to 99 years is available, with a potential option to buy in 2034. The base year ground lease rate is $140,000 per acre per year. This property enjoys exceptional access to major freeways (I-5, CA-55, and I-405), is minutes from John Wayne Airport and the Metrolink station, and sits across the street from a new 31-acre public sports complex and community park. The site offers frontage on three streets, providing excellent visibility and accessibility. This is a gateway location to the Pacific Rim, making it an ideal location for an educational institution. The project is part of the Advanced Technology & Education Park (ATEP).

Highlights

  • 6.8-acre educational development site in Tustin, CA.
  • Development-ready site with all utilities in place.
  • Long-term ground lease opportunity (up to 99 years) with potential option to buy in 2034.
  • Prime Central Orange County location with high visibility, near I-5, CA-55, and I-405 freeways.
  • Strong demographics; median household income of $116,475 within one mile.

Property Details for 2.6 Acres Red Hl Ave & Victory Rd

Property type
Land
Lot Size (sq. ft)
296,208 SF

Location Insight

City
Tustin
County
Orange
State
California
Latitude
33.7340228
Longitude
-117.814916

FAQs

What type of property is this?
Land - 6.8 Acres, Prime Orange County Location
Where is the land located?
The property is located at 2.6 Acres Red Hl Ave & Victory Rd Tustin, CA.
What are key features of this property?
This property features: 6.8-acre educational development site in Tustin, CA.; Development-ready site with all utilities in place.; Long-term ground lease opportunity (up to 99 years) with potential option to buy in 2034.
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2.6 Acres Red Hl Ave & Victory Rd
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