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    2375 Tustin St Orange, CA 92865

    For Sale
    Contact for pricing

    45,675 SF Retail Building, Redevelopment Potential

    Property size:
    45,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This vacant, 45,675-square-foot single-story retail building presents a significant redevelopment opportunity. Situated on a 4.32-acre lot in Orange, CA (zip code 92865), this Class B property, built in 2007, offers substantial potential for repositioning or redevelopment, including residential uses. The property boasts a prime location directly across from The Village at Orange, a highly successful retail center, with exceptional visibility and access to the SR-55 Freeway (approximately 218,000 cars daily). A large pylon sign provides significant advertising potential. The Tustin Redevelopment Project Area (C-TR) zoning allows for a variety of commercial and residential uses. The site's size and location, combined with the affluent demographics of the area (16,700+ people within a 1-mile radius with an average household income exceeding $156,300), make this a compelling investment for developers and owner-users. The property is currently vacant, offering a blank canvas for a new vision. Potential exists for an additional 0.78-acre pad parcel purchase. This is a rare opportunity to acquire a substantial land bank in a highly desirable Orange County location.

    Property Features for 2375 Tustin St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    45,675 SF
    Class
    B
    Lot Size
    188,179 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    HighLights

    • Excellent land banking opportunity; reposition, redevelop, or owner‑occupy.
    • High‑visibility freeway location across from The Village at Orange, a premier Orange County retail center, offering significant pylon signage potential.
    • Strong demographics: High average household incomes within 1, 3, and 5‑mile radii.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Geek Squad Computer Service Best Buy Electronics Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Orange
    State
    California
    Longitude
    -117.8339819
    Latitude
    33.8279291

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    FAQs

    What type of property is this?
    Lifestyle center - 45,675 SF Retail Building, Redevelopment Potential
    Where is this lifestyle center located?
    The property is located at 2375 Tustin St Orange, CA.
    What are key features of this property?
    This property features: Excellent land banking opportunity; reposition, redevelop, or owner-occupy.; High-visibility freeway location across from The Village at Orange, a premier Orange County retail center, offering significant pylon signage potential.; Strong demographics: High average household incomes within 1, 3, and 5-mile radii.
    Request Owner's contact information
    2375 Tustin St Orange, CA 92865
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    Orange, CA 92865
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2375 Tustin St Orange, CA 92865
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