ROCKS RANCH HWY 101 COMMERCIAL LAND DEVELOPMENT OPPORTUNITY Hwy 101 and Cole Road, San Benito County

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Victor Dickerson
5 years ago
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Asking Price: Negotiable Property Type: Un Developed Land in San Benito County Potential Project: (180,000SF Retail and 150 apartment units) Commercial Land: 7 +/ Acres Mixed Use Land:

Best site for highway commercial site along Hwy 101 corridor from Gilroy to Salinas. Substantial under served local and regional market area.

1 Asking Price: Negotiable Property Type: Un Developed Land in San Benito County Potential Project: (180,000SF Retail and 150 apartment units) Commercial Land: 7 +/ Acres Mixed Use Land: 9 +/ Acres Undevelopable Land: 41 +/ Acres Total Acres: 57 +/ Acres Highlights: San Benito County General Plan Update has identified property for development. Best site for highway commercial site along Hwy 101 corridor from Gilroy to Salinas. Substantial under served local and regional market area. Level site with excellent highway visibility. Subject property is not in the Williamson Act. Adjacent to the famous Red Barn Flea Market an 80,000SF air conditioned barn with supported with over 1,500 parking space lot. Certified EIR for new interchange.

Description: Un improved land of 57 gross acres, zoned AP (5ac min).

Subject property is one of the only preferred alternative sites on Hwy 101 for this high traffic corridor.

Located on the east side of Hwy 101 north of the junction of San Juan Road and just north of the Red Barn Marketplace.

2 Description: Un improved land of 57 gross acres, zoned AP (5ac min). County of San Benito General Plan Update 2035 has identified the subject property for a mixed use, highway servicing commercial project as a preferred alternative. Subject property is one of the only preferred alternative sites on Hwy 101 for this high traffic corridor. Location: San Benito County at the border with Monterey County on Hwy 101, North of the proposed San Juan Interchange. Located on the east side of Hwy 101 north of the junction of San Juan Road and just north of the Red Barn Marketplace. The property is strategically situated 44 miles south of Downtown San Jose, 15 miles north of Salinas and 31 miles northeast of Carmel and the Monterey. Entitlements: In March 2009 San Beniot County began a 30 month process to update the existing the General Plan. The remaining steps are: Preferred Alternative Selection and Refinement, Fiscal Impact Analysis, Draft General Plan, EIR, Public Review and Adoption. Commercial Development application for the subject property has been filed. Within the Aromas Water Dist sphere of influence. SBGPU 2035: Preferred Policy Alternative: Commercial and Employment Growth. The Preferred Plan promotes more unincorporated commercial and employment growth than is anticipated in the AMBAG forecast. The purpose of this is to attract regional serving commercial users at key highway interchanges and intersections along US 101, SR 156 and SR25; attract commercial uses in areas convenient for county residents, and attract agricultural serving commercial uses near productive farmland. Approved by Board of Supervisors May 26, Source: Summary of Board of Supervisors Direction on the Preferred Policy Alternative and Major Policy Considerations San Juan Road Interchange Project: Located in southern San Benito County and northern Monterey County, this project proposes to remove three major at grade intersections (San Juan Road, Dunbarton Road and Cole Road) and replace them with a single interchange at San Juan Road and Route 101. Additionally, this project will convert a portion of US 101 within the project limits from expressway to freeway. The EIR has been certified and the property acqusisiton phase has commenced. The Project is scheduled to commence construction Q4 2012/Q and to be completed Q4 2014/Q For more information go to:caltrans San Juan Interchange Status The CALTRANS Traffic Count: 71,000 ADT (2009) and 2035 design capacity is 94,474 ADT.

3 Hwy 101 Driving South at Cole Road Hwy 101 Driving North at Ballentree Road

miles, and ranges from near sea level to

Because of the topography the climate is

Other recreational opportunities along the

Lettuce, garlic, bell peppers, broccoli,

5 San Benito County San Benito County is located inland about 46 miles from the central coast. It is home to the oldest mission, San Juan Batista, established in Also, it is home to the Pinnacles National Monument. The County is approximately 1,400 square miles, and ranges from near sea level to only 5,000 feet in the mountains. Because of the topography the climate is mild, with an average summer temperature of 67 degrees and an average winter temperature of 48 degrees, Fahrenheit. Figure 1: Santa Pietra Winery Local recreational opportunities are rock climbing, golf, off-roading, skydiving, hiking, and camping and spelunking. Other recreational opportunities along the coast are within a one-hour drive. Lettuce, garlic, bell peppers, broccoli, and apricots are leading crops. Livestock and eggs are a milliondollar industry. San Benito County Population: 55, , US Census. Figure 2: Red Barn Flea Market Figure 3: Pinnacles National Park Figure 6; Mission San Juan Bautista Figure 4: Condor Figure 5; Mission San Juan Bautista

Figure 7: San Benito County Morning DISCLAIMER and DISCLOSURE This brochure has been prepared to provide summary information to prospective buyers and to establish a preliminary level of interest in

6 Figure 7: San Benito County Morning DISCLAIMER and DISCLOSURE This brochure has been prepared to provide summary information to prospective buyers and to establish a preliminary level of interest in the property. Prospective purchasers should perform their own investigations and research. The Listing Broker makes no warranty or representation with respect to the financial condition or business prospects of any tenant, or any tenant s plans or intentions to continue to occupy the subject property. The information contained in this brochure has been obtained from sources we believe to be reliable, however, Listing Broker has not conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Any oral or written representations by Seller or Broker regarding age of improvements, size and square footage of parcel or building(s), or location of property lines may not be accurate. Apparent boundary line indicators such as fences, hedges, walls or other barriers may not represent the true boundary lines, only a surveyor can determine the actual boundary lines. Buyer should consider investigating the property independently.

PROPERTY PROFILE. Location: 1317 Garner Avenue, Salinas, CA Complex Name: Garner Multi-Family Residential Asking Price: $1,620,000

PROPERTY PROFILE. Location: 1317 Garner Avenue, Salinas, CA Complex Name: Garner Multi-Family Residential Asking Price: $1,620,000 GARNER MULTI-FAMILY RESIDENTIAL 1317 Garner Avenue, Salinas, California For Sale PROPERTY PROFILE Location: 1317 Garner Avenue, Salinas, CA 93906 Complex Name: Garner Multi-Family Residential Asking Price: