Red Hill Ave - 2.6 & 6.8 Acres for Educational Uses

2.6 - 6.8 Acre Commercial Land Lots in Tustin, CA 92780

INVESTMENT HIGHLIGHTS

  • Land for Educational Development
  • Long-Term Ground Lease Up to 99 Years
  • Bull's-Eye Orange County Location
  • Can Build Up to 6 Stories
  • Development-Ready Parcels
  • Website Link: www.ATEPland.com

EXECUTIVE SUMMARY

Two parcels; 2.6 & 6.8 Acres. Land Site Zoned for Educational Uses. All street/utilities infrastructure completed. Development-Ready. Can go up to six stories; high FAR possible. Offering Ground Lease Opportunities up to 99 years. Possible Option to Buy in 2034. Base Year Ground Lease Rate Range: $118,000 to $140,000/acre/year. Level and clear site. Outstanding demographics. Across the street from new 31-acre public sports complex and community park. Bull's-eye Central Orange County Location. Part of Tustin Legacy; the 1,606-acre mixed-use community. The Project is the Advanced Technology & Education Park ("ATEP"). Minutes from John Wayne Airport and Metrolink Rail Station. Close to I-5, CA-55 & I-405 freeways. Gateway to the Pacific Rim.

PROPERTY FACTS

Sale Type Investment
Sale Conditions Ground Lease (Leasehold)
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Schools
Total Lot Size 9.40 AC

2 LOTS AVAILABLE

Lot 2

Lot Size 6.80 AC

Lot 3

Lot Size 2.60 AC

PROPERTY TAXES

ZONING

Zoning Code SP 1 - Tustin Legacy (Educational Uses Allowed by Right)
  • Listing ID: 34620741

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: Red Hill Ave, Tustin, CA 92780