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Red Hill Ave - 2.6, 2.7 & 6.8-Ac Educational BTS Opportunity

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

Investment Highlights

  • Educational Build-To-Suit Opportunity; Up to 1.7M SF
  • Development-Ready with Utilities in Street
  • High Visibility on Main Arterials
  • Divisible to Two (2) Acres
  • Long-Term Ground Lease Up To 99 Years
  • Possible Option to Buy in 2034

Executive Summary

Three parcels; 2.6, 2.7 & 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. Bullseye 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 or Owner User
No. Lots 3
Property Type Land
Property Subtype Industrial
Proposed Use Schools
Total Lot Size 12.10 AC

3 Lots Available

Lot 2

Lot Size 6.80 AC

Level, clear, rectangular parcel. Utilities in the street. Development-ready site. Major street frontage on Red Hill Ave.

Lot 3

Lot Size 2.60 AC

Level, clear parcel. Utilities in the street. Development-ready site. Major street frontage on Victory Blvd.

Lot 5

Lot Size 2.70 AC

Level, clear parcel. Utilities in the street. Development-ready site. Major street frontage on Valencia.

Description

The property is a bullseye central Orange County Location. Easy Access to I-5, CA-55 and I-405 Freeways. Minutes from Orange County John Wayne Airport and Metrolink.

zoning

Zoning Code Educational
Educational
  • Listing ID: 8527948

  • Date on Market: 8/8/2017

  • Last Updated:

  • Address: Red Hill Ave, Tustin, CA 92780

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