LAND AT CORNER OF EL TORO RD & 241 SR MISSION VIEJO, CA

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1 LAND AT CORNER OF EL TORO RD & 241 SR MISSION VIEJO, CA ACRE LAND PARCEL FOR SALE PREPARED BY

2 EXECUTIVE SUMMARY This acre site is currently zoned as OS (Open Space) Zone under the Mission Viejo, CA Code of Ordinances. Under this classification, the site allows only natural preserve and trail uses. However, through rezoning, the site offers a rare opportunity for development in the tight South Orange County submarket. Located at the convergence of Mission Viejo and Foothill Ranch, the site is easily accessible from the Interstate 5 Freeway via El Toro Road, and the 241 Toll Road via Portola. The site is surrounded by residential developments where median household incomes hover around $100,000. The site is less than 20 miles away from John Wayne Orange County airport, and is 8 and 20 miles away from Irvine Spectrum and South Coast Plaza, respectively.

3 ABOUT MISSION VIEJO POPULATION: AVERAGE HOUSEHOLD INCOME: MEDIAN HOME SALE PRICE: 97,209 $96,639 $575,000 MAJOR EMPLOYERS AVERAGE EDUCATION: Public Sector: Healthcare: High School or Higher (95.8%) Marie Callender s (Corporate), Mission Hospital Regional Medical Center Sizzler (Corporate) Retail: Nordstrom, Target, Macy s Education: Saddleback College, Saddleback Valley Unified School District, Capistrano Unified School District

4 SITE AERIAL SW CORNER OF EL TORO RD & 241 SR ACRES

5 SITE HIGHLIGHTS Property Zoned OS (Open Space) Easy access via I-5 and 241 freeways Proximity to retail and entertainment Surrounded by residential developments including Foothill Ranch, Baker Ranch (over 2,300 residential units), Coto de Caza (over 4,000 residential units), Dove Canyon (over 1,200 residential units), Portola Springs, Rancho Mission Viejo (over 2,500 residential units) Less than 10 minutes away from the Foothill Towne Center - over 750,000 sf of retail with over 70 tenants. Over 55,000 multi-family units within a 10 mile radius with over 2,300 units under construction ACRES DISTANCE TO AMENITIES 2.4 miles to Foothill Towne Center 7.9 miles to the Mission Hospital campus 8.2 miles to the Shops at Mission Viejo 8.5 miles to Saddleback College (approximately 26,000 students) 8.8 miles to the Irvine Spectrum retail and entertainment center 18.8 miles to John Wayne Orange County Airport

6 DEMOGRAPHICS HOUSEHOLDS 3 MILE 5 MILE 10 MILE 2016 Total Population: 102, , , Population: 106, , ,938 Pop Growth : 4.58% 4.29% 4.91% Average Age: MILE 5 MILE 10 MILE 2016 Total Households: 35,922 75, ,375 HH Growth : 4.58% 4.31% 4.72% Median Household Inc: $107,003 $101,558 $98,846 Avg Household Size: Avg HH Vehicles: HOUSING 3 MILE 5 MILE 10 MILE Median Home Value: $646,130 $634,180 $663,220 Median Year Built:

7 11/16/2016 Mission Viejo, CA Code of Ordinances CHAPTER OPEN SPACE AND RECREATION ZONES Sec Purpose. (a) (b) The purpose of this chapter is to provide for the preservation of the city's important natural resources and open space areas and to provide for public and private recreational land use activities necessary to meet both passive and active recreational needs of city residents. The purpose of the individual open space zoning districts is as follows: (1) (2) OS (Open Space) Zone. This zone is intended to provide for the protection, preservation, and management of natural resources. Maintaining and improving the pristine condition of important geographic features and landforms is a primary objective for this zone; therefore, only passive land uses that will have a minimal impact will be permitted. R (Recreation) Zone. This zone is intended to provide for the promotion of public outdoor recreation that meets the needs of all residents living in the community. Active and passive activities, including physical, cultural, and social, may be permitted. Additionally, indoor recreation may be allowed when compatible and harmonious with its environs. (Ord. No , 1 4, ) Sec Permitted uses. Any use designated as "permitted" by the following list shall comply with the provisions of this code. Any permitted use which will occupy an existing structure (with no structural enlargement) shall comply with the standards contained in this chapter as well as Article III (General Property Development Standards). Additionally, any permitted use which will occupy an existing structure that is to be enlarged or requires construction of a new structure(s) shall require the approval of a planned development permit pursuant to chapter (Ord. No , 1 4, ) Sec Permitted, planned development permitted, and conditionally permitted uses. The following list represents those primary uses in the open space and recreational zones which are permitted (P) or subject to a planned development permit (D), conditional use permit (C), or prohibited (X): OPEN SPACE AND RECREATIONAL ZONES LAND USE CHART Sanction Type of Land Use OS R 1/8

8 11/16/2016 Mission Viejo, CA Code of Ordinances (a) Athletic ퟀelds X D (b) Camping grounds X X (c) Club houses X D (d) Concession stands X C (e) Court sports (basketball, racquetball, X D tennis, volleyball) (f) Driving ranges X C (g) Galleries X D (h) Golf courses (including restaurants and X D hotel rooms as accessory uses) (i) Health/athletic clubs X C (j) Lakes P P (k) Museums X D (l) Natural preserves P P (m) Open space preserves P P (n) Open space linkages D P (o) Outdoor play/athletic equipment X D (p) Parks (mini, neighborhood, community, X D and regional) (q) Picnic areas (tables and barbecues) X D 2/8

9 11/16/2016 Mission Viejo, CA Code of Ordinances (r) Recreation center X C (s) Stables, commercial X C (t) Swimming pools and spas X D (u) Theaters, outdoor X C (v) Trails (walking, hiking, and riding) C D (Ord. No , 1 4, ) Sec General standards. (a) The OS (Open Space) Zone is intend for nature preservation purposes. Structures which diminish quality of the natural environment are prohibited. In general, structures shall be prohibited in the OS Zone; however, trail improvements and open space linkages may be permitted subject to a planned development permit. (b) The following development standards for the R (Recreation) Zone are minimum unless stated as maximum by this Code. All setbacks shall be measured from the property line. RECREATION ZONE GENERAL STANDARDS CHART Development Standards Requirement Floor area ratio (feet) 0.5 Lot coverage, (maximum) 50% (c) (d) (e) Structures located in the R Zone shall be sited in a manner sensitive to the existing natural resources and constraints of the land. Structures located in the R Zone must be determined by the city to be appropriate. Landscaping must compliment both the immediate setting and surrounding areas. (f) 3/8

10 11/16/2016 Mission Viejo, CA Code of Ordinances The need for exterior lighting must be sanctioned by the city and, if justiퟀed, the lighting equipment shall be energy e cient, appropriately located, directed, and shielded from surrounding properties and public rights-of-way. (g) (h) (i) Structures located in OS and R zones are subject to a visual analysis relating structural proportions, massing, height, and setbacks to preserve and enhance the scenic character of the area. Development shall be compatible to and in harmony with surrounding development and zoning designations. In the R Zone, the placement, height, and design of screening (including, but not limited to, walls, berms, fences, and landscaping) where a golf course adjoins a street or highway shall require approval of a planned development permit. For purposes of this section, adjoin shall mean any screen installed between the golf course and a street or highway. A screen as referred above, may consist of one or any combination of the following types as determined applicable by the director of community development: (1) (2) (3) Walls: A structure consisting of concrete, stone, brick, tile, or similar type of solid masonry material. Berms: A mound or wall of earthen material along a strip of ground. Fences: A structure made of wood, wire, metal, masonry, or other materials used as a barrier or screen. (4) Landscaping: Trees, shrubs, or similar evergreen or deciduous plant material. (Ord. No , 1 4, ; Ord. No , 3, ) Sec Speciퟀc standards. (a) Stables, commercial. Commercial stables shall conform with the following development standards: (1) The setback requirements set forth in the table below shall pertain to all structures, including but not limited to paddocks, corrals, arenas, and 8y-tight manure bins, except pastures, grazing areas, and access roads. All such structures shall maintain a minimum distance of 100 feet from any property which is used, zoned, or shown on the general plan for residential use. Front setback (feet) 50 Rear setback (feet) 5 Side setback, each (feet) 25 Adjacent to another commercial stable 5 Side setback, street side (feet) from paddocks, manure bins, arenas and corrals /8

11 11/16/2016 Mission Viejo, CA Code of Ordinances (2) (3) (4) (5) (6) (7) (8) No paddock, box stall, or corral shall be located within 100 feet of any school, hospital, or similar institution as measured from the property line. The maximum density shall be one acre for every ten horses where the stable does not have access to an established riding trail. If located adjacent to an established riding trail, the maximum density for commercial stable shall be 25 equines per acre. One parking space shall be provided per each ퟀve horses. All access roads shall be paved or equivalent material approved by the director. The extent of paved roads shall be determined during the development review. All horses shall be provided with adequate fenced enclosures to contain them within the boundaries of the stable property, subject to the approval of the director. An application for the keeping of horses shall contain a detailed description outlining the proposed method(s) of controlling and managing dust, drainage, insects, manure, odors, rodents, sanitation, trash, and other considerations required by the director. Equestrian shows and exhibits shall be permitted only at approved commercial stables and are subject to a temporary use permit. (b) Golf courses/driving ranges and related facilities. Golf course developments shall be constructed in the following manner: (1) State-of-the-art water conservation techniques shall be incorporated into the design and irrigation of the golf course. (2) (3) (4) Treated e 詀 uent shall be used for irrigation where available. Perimeter walls or fences where used shall provide a viewshed window design. All accessory facilities, including but not limited to, clubhouses, maintenance buildings, and halfway houses, shall be designed and located to ensure compatibility and harmony with the golf course setting. (Ord. No , 1 4, ) Sec Speciퟀc standards for lake shorelines. (a) (b) For the purposes of this section a "lake" is deퟀned as a body of water, either natural or manmade, which does contain, or has the capacity to contain, 750 acre feet or more of water or which has, or has the capacity of, 20 or more acres of surface area. "Lake" does not include a reservoir or other body of water operated by a governmental or public utility. The real property which is speciퟀcally described and depicted on Exhibit "A" to Ordinance No [and incorporated herein by reference] (the central portion of the property between the southern shore of Lake Mission Viejo and Alicia Parkway), shall be developed, operated and maintained in the following manner: 5/8

12 11/16/2016 Mission Viejo, CA Code of Ordinances (1) (2) Ground cover or other plants on the property shall be maintained so as not to exceed a height of 18 inches from the grade. Trees on such property shall be maintained to the following standards: a. b. c. d. e. All trimming shall conform to the International Society of Aborculture Standards, by Richard W. Harris, dated 1995, a copy of which is on ퟀle in the o ce of the city clerk. All trees shall be left with the lowest branches intact for the ퟀrst three to ퟀve years following planting so as to strengthen the trunk. Once the trunk is mature and able to support the structure of the tree, but not exceeding ퟀve years after planting, the tree shall be maintained such that the lowest branches and vegetation clear a minimum of eight feet from the grade. Trees shall not be planted on a slope on the property which is lower than the plane of the sidewalk of the adjacent street, or if there is no sidewalk, then the plane of the top of the curbing of the adjacent street. A tree shall not be planted within 75 feet of another tree. The crowns of the trees shall be cleaned yearly, consisting of clearing of the dead, diseased, and dying wood and those branches that cross or are weakly attached. (3) f. Topping or heading back of the tree crown is prohibited. All landscaping shall be maintained in a neat and clean condition. (c) The real property which is speciퟀcally described and depicted on Exhibit "B" to Ordinance No [incorporated herein by reference] (the eastern and western portions of the property between the southern shore of Lake Mission Viejo and Alicia Parkway), shall be developed, operated and maintained in the following manner: (1) Ground cover or other plants on the property shall be maintained so as not to exceed the following heights: a. With respect to that portion of the property which is on the same plane as the top of the adjacent public sidewalk or the top of the adjacent street curbing, the groundcover or plant material shall not exceed a height of eighteen (18) inches above the plane of the top of the adjacent public sidewalk or the top of the adjacent public street curb; and (2) b. With respect to that portion of the property which is on a slope which is lower than the plane of the top of the adjacent public sidewalk or adjacent public street curb, the groundcover or other plant material shall not exceed the height of the plane of the top of the adjacent public sidewalk or top of the adjacent public street curb. Trees on such property shall be maintained to the following standards: a. b. All trimming shall conform to the International Society of Aborculture Standards, by Richard W. Harris, dated 1995, a copy of which is on ퟀle in the o ce of the city clerk. All trees shall be left with the lowest branches intact for the ퟀrst three to ퟀve years following planting so as to strengthen the trunk. Once the trunk is mature and able to support the structure of the tree, but not exceeding ퟀve years after planting, the tree shall be maintained 6/8

13 11/16/2016 Mission Viejo, CA Code of Ordinances such that the lowest branches and vegetation clear a minimum of eight feet from the grade. c. d. e. f. Trees shall not be planted on a slope on the property which is lower than the plane of the sidewalk of the adjacent street, or if there is no sidewalk, then the plane of the top of the curbing of the adjacent street. A tree shall not be planted within 75 feet of another tree. The crowns of the trees shall be cleaned yearly, consisting of clearing of the dead, diseased, and dying wood and those branches that cross or are weakly attached. Topping or heading back of the tree crown is prohibited. (3) All landscaping shall be maintained in a neat and clean condition. (d) (e) (f) (g) The installation or placement of any landscaping, plant, tree, shrub, bush, wall, berm, fence, bench, street furniture, signs, kiosks, mechanical equipment, and other plant materials, structures or objects which do not comply with the standards described in subsections (b) and (c) of this section, shall require the approval of a planned development permit pursuant to chapter 9.47 of the Mission Viejo Municipal Code. Mechanical equipment (including, but not limited to, pipes, pumps, utility cabinets, and similar equipment) existing in the areas described in subsections (b) and (c) of this section as of November 2, 1998, shall be allowed to remain and may be replaced provided that the replacement equipment does not exceed the height or width of the equipment in place as of November 2, 1998, and the color is the same as the original equipment. Any landscaping, plant, shrub, bush, tree, wall, berm, fence, bench, street furniture, signs, kiosks, and other plant materials, structures or objects existing in the areas described in subsections (b) and (c) of this section as of November 2, 1998, and which were planted or installed prior to 1990 shall be allowed to remain subject to the maintenance requirements of this section. Any landscaping, plant, shrub, bush, tree, wall, berm, fence, bench, street furniture, signs, kiosks, mechanical equipment, and other plant materials, structures or objects which does not comply with the provisions of this section shall be amortized and removed within one year from the notice of nonconformity pursuant to the provisions of chapter 9.28 of the Mission Viejo Municipal Code. The installation or placement of any landscaping, plant, shrub, bush, tree, wall, berm, fence, bench, street furniture, signs, kiosks, mechanical equipment, and other plant materials, structures or objects in violation of the provisions of this section shall be deemed a public nuisance and may be abated as provided in chapter 9.59 of the Mission Viejo Municipal Code, in addition to any other civil or criminal enforcement options available to the city pursuant to chapter 1.01, chapter 1.02, chapter 1.03, or chapter 9.59 of the Mission Viejo Municipal Code. (Ord. No , 4, ) Sec Applicable regulations. 7/8

14 16842 Von Karman Avenue, Suite 175 Irvine, California T I F FOR LEASING INFORMATION, CONTACT: MIKE ADAMS MADAMS@STREAMREALTY.COM