FOR SALE Land /- Acres Potential Cannabis Cultivation Opportunity $4,500,000

Transcription

1 FOR SALE Land /- Acres Potential Cannabis Cultivation Opportunity $4,500, Dutcher Creek Rd. Cloverdale, CA Broker: William M. Severi, CCIM, CPM BRE No.: Cell Phone: Office Phone: North Bay Property Advisors 2777 Cleveland Ave # 110 Santa Rosa, CA The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.

2 PROPERTY OVERVIEW Pricing Asking Price: $4,500,000 Lot Size: Acres Price per Sq. Ft.: $5.15 Improvements Fill: Southern section of property was regraded with 70,000 cu. yd. of clean engineered compacted fill. Drainage: Historic drainage improved and culvert installed. Soil: Identification and removal of any contamination from historic use. Closure Letter received from Water Quality Control Board (07/14/2011). Applications: Application for Annexation into Cloverdale City Limits has been submitted. Well and Septic System: Property has existing well and septic system. APN: Site Current County Zoning: M1 - Limited Urban Industrial / AR - Agricultural and Residential / SR - Scenic Resources (AR B6 5, M1 B8, SR VOH) County General Plan: Urban Service Area and Limited Industrial Area Potential 1 Zoning - City of Cloverdale: GI (General Industry) City / County: Subject property is located just South of existing city limits in the County of Sonoma. Water & Sewer: Approximately 580+/- yards from city sewer and water services to current entrance. 1 Subject property is within the city of Cloverdale s purposed General Plan annexation and development. General Plan designation is subject to change. The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.

3 ZONING & GENERAL PLAN DEFINITIONS Zoning Definitions M1: Limited Urban Industrial District AR: Agricultural and Residential District SR: Scenic Resources Combining District VOH: Valley Oak habitat Combining District B6: The adopted zoning maps shall specify the maximum permitted density, determined by gross acreage for all residential uses. Minimum front, side and rear yard requirements and the minimum parcel or lot size, if not otherwise specified, shall conform to the base district with which the B6district is combined unless specifically approved otherwise by the planning commission. B8: Minimum parcel or lot size shall be as specified on the recorded final or parcel map and the parcels or lots shall not be further subdivided. The B8 combining district signifies that the lot has been frozen for one of the following reasons: 1. The property is designated rural residential on the general plan land use map, but is subject to a Williamson Act contract; 2. The property lies within the designated urban service boundary surrounding a city where the county intends to limit urban development until annexation or similar occurrence pursuant to a general plan area policy; 3. The property is subject to a specific plan or area plan policy where the county intends to limit urban development for the reasons set forth in the applicable plan. Urban Service Area Boundary: A designated limit to the urban development of the cities and unincorporated communities of the County Limited Industrial: A land use category that provides sites for development to meet service and employment needs where the range or scale of industrial uses is limited. Factors that may limit these uses are lack of public services, incompatible adjacent land uses, and adverse environmental impacts. Industrial parks are included in this category as well as land extensive industrial development. This category also may provide locations for workforce housing for persons employed in adjoining businesses. Sonoma County General Plan: Cloverdale General Plan: Links and Further Resources The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.

4 OWNERSHIP CHAIN SHEET TRANSFER DATE OWNERSHIP 5/2/1958 Paul B. Kelly Lumber Company 7/2/1969 Molalla Forest Products 4/30/1971 Masonite Corporation 8/27/1982 Timber Realization Company 11/6/1986 Louisiana-Pacific Corporation 8/31/1994 Kelly Gate Associates The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.

5 MAPS

6 IMPROVEMENTS MAP

7 PARCEL MAP

8 CITY OF CLOVERDALE GENERAL PLAN MAP

9 CITY OF CLOVERDALE SERVICES / ZONING MAP

10 SONOMA COUNTY GENERAL PLAN LAND USE MAP

11 PROPERTY PHOTOS The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.

12 CITY OVERVIEW DUTCHER CREEK RD. CLOVERDALE, CA The property features /- acre parcel with great visibility onto US Hwy 101. Great development site near Cloverdale, the fastest growing city in Sonoma County. The property has frontage onto Dutcher Creek Rd/Cloverdale Blvd that runs directly into the Downtown and is approximately 1/2 mile from Hwy 101 on and off ramps. This frontage also has great visibility onto Hwy 101 with approximate daily traffic counts of 21,700+/-. The subject property is on the south end of Cloverdale on the West side of Hwy 101 within close proximity to gas stations, coffee shops, dining and restaurants, and other retail shopping. Cloverdale is an ideal location for development, located in the picturesque Alexander Valley wine region of Sonoma County about 15 miles north of Healdsburg, and with good proximity to urban centers (30 miles north of Santa Rosa and within easy driving distance to Marin County/San Francisco and north to Arcata/Eureka). The city proper covers 2.7 square miles with a population of approximately 11,032 (5 mile radius) and is surrounded by oak-studded rolling hills, outstanding recreational opportunities, wineries, vineyards and small farms, and the iconic Russian River. Cloverdale s business-friendly city council and city manager form of government, proactive Chamber of Commerce, and an engaged community have made wellplanned growth and economic development a priority. An ideal location for companies looking to relocate with a General Plan that provides site planning flexibility and a wide range of mixed land uses. DEMOGRAPHICS Population 2 Mile 5 Mile 2010 Population 9,338 10, Population 9,729 11, Population (Projection) 10,122 11,492 Income 2016 Average Household Income $69,299 $73, Average Household Income (Projection) $76,879 $82,111 The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.

13 BROKER TEAM William Severi, CCIM CPM Cell Phone ext. 302 BRE No.: Northern California Offices Santa Rosa Novato Sonoma / Napa San Jose Sacramento Walnut Creek San Francisco Santa Rosa Office: 2777 Cleveland Ave., Ste., 110 Santa Rosa, CA The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein.