LAS COLINAS 96.8 ACRES RESIDENTIAL LAND AVAILABLE FOR SALE

Transcription

1 STATE STREET RAMONA EXPRESSWAY LAS COLINAS 96.8 ACRES RESIDENTIAL LAND AVAILABLE FOR SALE

2 LAS COLINAS 1. EXECUTIVE SUMMARY 2. PROPERTY INFORMATION TABLE OF CONTENTS 3. LOCATION INFORMATION 4. CONTACT INFORMATION 2 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

3 1EXECUTIVE SUMMARY

4 LAS COLINAS EXECUTIVE SUMMARY Las Colinas of San Jacinto is an approved Tentative Tract Map for 337 single family detached lots in the City of San Jacinto, California. Las Colinas of San Jacinto is a completely flat site with all offsite improvements completed. Engineering is complete for the site and final maps are ready to record. The property is located along the Ramona Expressway, a major thoroughfare connecting the I-215 Freeway, Perris, Hemet, and San Jacinto. The property is just east of State Street (Highway 79) and Sanderson Avenue, offering easy access to the I-10 Freeway and the Beaumont and Banning area. The City of San Jacinto is a fast growing area with several new commercial developments and master planned communities. The area offers affordable housing to families and seniors with home prices starting in the mid $200,000 s. Developers in the area include KB Homes, DR Horton s Express Homes, K. Hovnanian, Frontier Communities and DCI Homes. 4 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

5 2PROPERTY OVERVIEW

6 LAS COLINAS PROPERTY DETAILS LOCATION: The subject property is located on the W. Ramona Expressway just east of State Street in the City of San Jacinto in Riverside County, California. JURISDICTION: City of San Jacinto PURCHASE PRICE: $4,381,000 $45,258 per acre $13,000 per lot SIZE: 96.8 acres PROPERTY HIGHLIGHTS 337 lots with approved TTM minute drive to I-10 freeway Frontage on a major thoroughfare Located along Ramona Expressway with easy access to the Tens of thousands of projected new jobs within the direct vicinity due to 20+ million SF of new and proposed industrial developments Surrounded by several new shopping centers 6 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

7 SITE PLAN PROPERTY INFORMATION 7

8 LAS COLINAS N STATE STREET W RAMONA EXPRESSWAY 8 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

9 ZONING INFORMATION The site is 96.8 acres with approved TTM for 337 lots. Final engineering is complete and the property is ready to record. PROPERTY INFORMATION 9

10 LAS COLINAS PARCEL MAP 10 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

11 DEVELOPMENT IMPACT FEES Item Amount/Unit Signalization Improvement $ Water Capital Improvement $2, Sewer Connection $ Fire Mitigation $ Car Pool Mitigation $90.00 Administration $20.00 Police Facilities $ Fire Facilities $ Park Facilities $ Park Land Acquisition $1, Park Land Improvement $1, Community Amenities $ Goverment Services Facilities $ Streets and Roads $1, Bikeways $49.00 Traffic Signals $ Total Per Unit $10, PROPERTY INFORMATION 11

12 LAS COLINAS 12 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

13 3LOCATION OVERVIEW

14 LAS COLINAS STATE STREET RAMONA EXPRESSWAY 14 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

15 SITE Prices Range from $256,990 - $309,990 S S A N D E R S O N AV E N U E N R A M O N A B O U LE VA R RAMO D NA EX PR E SS AY W Prices Range from $267,490 - $299,999 Prices Range from $275,990 - $279,990 STATE STREET WARREN STREET COTTONWOOD AVENUE MAIN STREET W ESPLANADE AVENUE SAN JACINTO AVENUE F L O R I D A AV E N U E PROPERTY INFORMATION 15

16 LAS COLINAS DEMOGRAPHICS 1 Mile 3 Mile 5 Mile Population 2021 Projection 6,663 48, , Estimate 6,277 45, , Census 5,967 42, ,525 Growth % 1.16% 1.02% Households 2021 Projection 2,137 14,174 42, Estimate 2,032 13,500 40, Census 1,961 12,918 38,934 Growth % 0.98% 0.83% 2016 Est. Population by Single-Classification Race White Alone 3,665 25,302 73,979 Black Alone 314 2,808 7,473 American Indian Alone ,472 Asian Alone 98 1,233 3,144 Pacific Islander Alone Some Other Race Alone 1,714 12,451 27,001 Two or More Races 343 2,678 7,027 Hispanic Origin (Any Race) 3,456 25,281 57, Average Household Income $56,709 $58,449 $55, RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

17 RIVERSIDE COUNTY DEMOGRAPHICS CENSUS 2010 SUMMARY Population 2,189,641 Households 686,260 Median Age SUMMARY Population 2,302,403 Households 716,787 Median Age 34.2 Median Household Income $54,991 Average Household Income $75, SUMMARY Population 2,435,985 Households 754,636 Median Age 34.8 Median Household Income $63,928 Average Household Income $86,865 TRENDS: ANNUAL RATE Population 1.13% Households 1.03% Median Household Income 3.06% Riverside County is one of the fastest growing counties in the United States, leading the rapidly changing Inland Empire market, with rivers, mountain peaks, deserts and fertile valleys, Riverside County offers diversity that few locations can match. More than two million people live in Riverside County, making it the fourth most populous county in California, taking advantage of affordable housing, nearby beaches, mountains, hiking and bike trails, the Wine Country near Temecula and resorts that offer oases in the desert. Riverside County covers 7,208 square miles in Southern California. Together, Riverside and San Bernardino Counties have been dubbed the Inland Empire. California s fourth largest county by population is expanding its economy, working to diversify beyond the housing industry that has driven the region s economy for years. Centrally located in the heart of Southern California; Riverside County borders San Bernardino, Orange and San Diego Counties. Interstate 10 runs through the entire County from east to west, and Interstates 15 and 215 connect Riverside County with San Diego County and San Bernardino County. Highway 60 and 91 link Riverside County to Los Angeles and Orange Counties. Attractive to many businesses, rail service connects Riverside County businesses with important markets, ports of entry, and key airports to expedite major national and international commerce transactions. Metrolink provides a large number of commuters from Riverside to Los Angeles, Orange and San Bernardino Counties In addition, Riverside County is presently served by 3 airports including the rapidly expanding Ontario international Airport: Palm Springs International Airport and San Bernardino International Airport. LOCATION INFORMATION 17

18 LAS COLINAS Ironwood Avenue Beaumont Alessandro Boulevard Moreno Valley N. Perris Boulevard Gilman Springs Road 10 minutes to the I-10 freeway Perris Ramona Expressway Nuevo Road Juniper Flats Road Warren Street N Sanderson Avenue Florida Avenue San Jacinto Esplanade Avenue State Street Stetson Avenue Hemet Canyon Lake Menifee Domenigoni Parkway 18 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA Winchester Road

19 4CONTACT INFORMATION

20 LAS COLINAS BRANDON SUDWEEKS SUDWEEKS DEVELOPMENT AND INVESTMENT COMPANY LLC ONE BETTERWORLD CIRCLE SUITE 301 TEMECULA, CA PHONE: FAX: CBCSOCALGROUP.COM CALBRE LICENSE: Brandon Sudweeks leads the Coldwell Banker Commercial SC (CBC SC) team of more than 30 commercial real estate professionals in three offices, with locations in San Diego, Temecula and Ontario, CA. The CBC SC team offers full-service commercial real estate services including brokerage, property management and investment services. Brandon is committed to providing first class commercial real estate services, while maintaining a small business culture. Brandon is a highly qualified investment and land development specialist. He has completed real estate transactions valued in excess of 1 billion. Brandon has been recognized for his achievements in commercial real estate by several national real estate trade magazines including Real Estate Forum Magazine, Costar and Globe Street. He is highly sought out as a key-note-speaker and moderator in many commercial real estate events and conferences. Prior to CBC SC, Brandon spent several years in commercial real estate development as the sales and acquisitions manager for Sudweeks Development. He helped successfully complete several commercial real estate office and medical developments and sold thousands of residential lots in award winning subdivisions. His extensive background in real estate development provides his clients with a unique approach to brokerage services. RECOGNITION/AWARDS Coldwell Banker Commercial Elite (Top 15 Companies World Wide): 2013, 2014, 2015 Real Estate Forum Tomorrows Leaders in 2014 Real Estate Forum Top 40 Brokers Under 40 in 2011 Economic Development Corporation Best Emerging Businesses Nomination 2012 Costar Power Broker: 2011, 2012, 2013, 2014 Coldwell Banker Commercial Company Record in 2011 as the Youngest Franchise Owner on Record SPEECHES AND PRESENTATIONS RealShare San Diego Conference Moderator - Developing San Diego Power Panel Coldwell Banker Commercial Global Conference Moderator Coldwell Banker Commercial Conference 2015 Speaker NNN Leased Investments San Diego RealShare Conference 2015 Speaker Development Update San Diego RealShare Conference 2015 Moderator A Visionary Market Outlook for San Diego Inland Empire RealShare Conference 2015 Moderator Development Update Coldwell Banker Commercial Global Conference 2014 Speaker Corporate Services Update CCIM Los Angeles Chapter Event 2014 Speaker Building a Power Team Coldwell Banker Commercial Global Conference 2013 Speaker Emerging Leaders Advanced Commercial Real Estate with Jim Gillespie 2012 Key Note Speaker Coldwell Banker Commercial Regional Conference 2012 Speaker Southern California Sales Leaders Crittenden Conference San Diego 2012 Moderator How to Sell and Lease in Today s Market DESIGNATION, MEMBERSHIPS AND BOARDS Coldwell Banker Commercial Advisory Board Member, Certified Commercial Investment Member (CCIM) International Council of Shopping Centers (ICSC) National Association of Industrial Office Professionals San Diego (NAIOP) Economic Development Corporation (EDC) Board Member Lake Elsinore Chamber of Commerce Board Member Chamber of Commerce Member, Temecula, Murrieta, Lake Elsinore, Menifee, Hemet, Redlands, San Bernardino, Ontario, San Diego 20 RAMONA EXPRESSWAY SAN JACINTO CALIFORNIA 92583

21 Ted Hillock is a dynamic, entrepreneurial real estate broker with extensive experience in a broad range of real estate and land sales. He has worked in the Inland Empire for over 35 years, serving home builders and land developers. He has experience in all areas of land development, including project management, entitlement processes, builder relations and feasibility assessments. As a land specialist, Ted has a vast understanding of site feasibility evaluations and analysis for residential projects and commercial developments including; conditions of current zoning, availability of utilities, environmental conditions, and impact of development on surrounding properties. He recognizes the value of entitled property and can offer both buyers and sellers realistic expectations to the value of a property. Ted has specialized as a land broker with Coldwell Banker Commercial, Rancon Real Estate, Rancon Real Estate Builder Developer Division and Prudential New Home Sales. TED HILLOCK TEMECULA PARKWAY SUITE A TEMECULA, CA PHONE: (951) CALBRE LICENCE: CONTACT INFORMATION 21

22 Brandon Sudweeks PRESIDENT CalBRE # Ted Hillock CalBRE # COLDWELL BANKER COMMERCIAL SC ONE BETTERWORLD CIRCLE, SUITE 301 TEMECULA, CA (951) CBCSOCALGROUP.COM