2.6 Acres Red Hl Ave & Victory RdTustin, CA 92782

Property Details for 2.6 Acres Red Hl Ave & Victory Rd

Lot size

6.80 AC

Property type

Land

Property subtype

Other land

Description

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).

Location Insight

City

Tustin

County

Orange

State

California

Latitude

33.734

Longitude

-117.815

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