The historic city of San Juan Capistrano offers a unique opportunity to acquire and develop an exceptional property of 47+/- acres of basically flat land off Camino Capistrano located West of the 5 Freeway between Crown Valley Parkway and Junipero Serra Road exits! The property is currently zoned Business-Agriculture. Potential development opportunities would include Business Park, Resort Residential, Agri-Business, or Affordable Housing Use-By-Right per California Legislation. It is near the north gateway to the city and is visible from the 5 freeway in Orange County. Conveniently located, it is less than 2 miles from the quaint historic downtown village where the Swallows return each spring and is approximately 6 miles from the beach, making this a prime site. This property is also perfectly situated halfway between Los Angeles and San Diego as well as being near Interstates 1, 5, 73 and 74.