Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

2375 N Tustin Ave
Orange, CA 92865
Retail Property For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Blank Canvas Investment Opportunity
  • Significant Repositioning/Redevelopment Potential Including Residential

EXECUTIVE SUMMARY

* Blank Canvas Investment Opportunity – Few investment properties come to market in Orange County, let alone assets in the highly-coveted City of Orange, with reposition-redevelopment potential for investor, developer and owner-user purchasers

* Significant Repositioning/Redevelopment Potential Including Residential – With its approximate 4.32-acre site, potential for an additional 0.78-acre pad parcel purchase, ±45,675 SF building, and Tustin Redevelopment Project Area (C-TR) zoning, the property has the potential to be repositioned or redeveloped into a variety of commercial uses as well as residential uses

* Land Bank Potential – The property can be repositioned in its current configuration or completely redeveloped - A favorable leasing opportunity benefits investor, developer or owner-user needs while alternatives and strategies are considered for a longer-term hold or shorter-term "carry"

* Irreplaceable High-Exposure Freeway Adjacent Location – Situated directly across Tustin St from The Village at Orange, arguably one of the best retail corridors in Orange County with access from and exposure to the SR-55 Freeway (±218,000 cars per day) - the property includes a massive freeway adjacent pylon sign creating additional advertising and revenue possibilities

* Affluent, Mature Orange County Demographics – 16,700+ people with AHI $156,300+ in a 1-mile radius, 133,300+ people with AHI $149,700+ in a 3-mile radius, and 462,200+ people with AHI $141,500+ in a 5-mile radius

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
45,675 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
4.32 AC
Zoning
C-TR - Tustin Redevelopment
Parking
299 Spaces (6.55 Spaces per 1,000 SF Leased)
Frontage
67’ on N Tustin

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
372-642-32
Land Assessment
$1,366,877 CAD
Improvements Assessment
$101,128 CAD
Total Assessment
$1,468,004 CAD
  • Listing ID: 30702004

  • Date on Market: 2024-01-19

  • Last Updated:

  • Address: 2375 N Tustin Ave, Orange, CA 92865

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}