Parcel 2 presents a rare ±36-acre land opportunity in Irvine, one of Orange County’s most established business and employment centers. Positioned at the highly visible intersection of the I-5 and I-405 freeways near Bake Parkway, the site offers exceptional regional access and frontage within the Irvine Spectrum area. The property is adjacent to the Irvine Spectrum master-planned development and benefits from proximity to major demand drivers including the Irvine Spectrum Center, Irvine Transportation Center, and Great Park. The site's flexible 8.1 Trails & Transit Oriented Development zoning accommodates a broad range of commercial uses, including warehouse and distribution, research and development, light manufacturing, and office development. As a large infill land parcel in a supply-constrained market, the property offers a unique opportunity for developers, owner-users, and investors seeking a strategic location with strong connectivity throughout Southern California. The location provides convenient access to John Wayne Airport, the Ports of Los Angeles and Long Beach, and the region’s extensive freeway network, supporting both business operations and logistics-oriented uses.