6.25 ACRE Development Opportunity. Presented by: Akbar Kabir

Transcription

1 6.25 ACRE Development Opportunity Presented by: Akbar Kabir

2 Introduction Welcome to Santa Clarita! A City that CNN Money Magazine calls one of the best places to live in California. With many development projects on their way, Santa Clarita will become a more vibrant city bringing in more jobs to the area. With a half-million sq ft recently approved by the county, the Disney Ranch Expansion should bring an estimated $533 million a year in economic activity. With 6.25 AC, this land is the perfect development opportunity to spend Mickey Mouse's money. Located in the enterprise zone, this zoning provides a variety of special tax incentives from the State of California to business and lenders to these businesses. The zoning allows the land to be used for the following: Regional Mall, Retail Sale of Automobiles and Recreational Vehicles, Furniture and Home Improvements, Theatres and Arenas, Corporate Offices and Financial Institutions, Hotels and Restaurants, Medical Offices/Hospitals, and Multi-Family Residential w/commercial. Established in 1987, the City of Santa Clarita has been constantly growing and developing for its residents and it s only going to get better. This is a once in a lifetime opportunity and make sure you don't let it pass you by. Seller is motivated to sell and will do his best to accommodate your needs. Ever offer will be seriously considered.

3 Main Gateway to Santa Clarita 6.25 ACRES = 272,250 SQ Ft. APN # (1.06AC), (2.27AC), (2.92AC) Zoning: CCPD Community Commercial with a Planned Development Overlay Thomas Map Book: C Est. Street Frontage: 270ft on Sierra Highway and 415ft on Newhall Ave Traffic Count Passing the site daily: 50,000 ADT (pg.41) Potential Site Uses: Regional Mall, Retail Sales, Home Improvements, Large- Scale Entertainment -Theatres and Arenas, Corporate Offices, Financial Institutions, Hotels, Restaurant, Medical Office Building/ Hospital, Multi-Family Residential w/commercial. (Page L-59 of General Plan) Excellent Freeway Access from Newhall Ave and Sierra Hwy. Priced to Sell: Sales Price - $3,500,000 = $560,000/AC = $12.85/Sq Ft Priced to Lease: Submit Offer. WILLING TO WORK WITH BUYERS, ALL OFFERS WILL BE CONSIDERED Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size, and other

4 Neighboring Projects Proposed and/or Underway Disney Ranch Studios Expansion (A gigantic new Disney studio planned for oak-studded ranchland north of Los Angeles has won the approval of Los Angeles County. Disney estimates the half-million sq ft project would create $533 million a year in economic activity) Gates King Industrial Park The 508 acres (Between Pine Street and Sierra Highway), business park will create 7,000+ jobs and boost the city's inventory of television and film production facilities.

5 6.25 ACRE SITE Aerial View To view the virtual tour and additional pictures please visit or newhallseirraland.com

6 Shaded Parcel Map (3 Parcels)

7 Gate King Project Pg 48 of Downtown Newhall Redev. Project Gate King Project Site

8 Gate King Project SITE

9 Demographics Quick Facts About Santa Clarita Santa Clarita is located about 30 miles north of Los Angeles, in Southern California The city of Santa Clarita was incorporated in th largest city in the Los Angeles Area metro area Santa Clarita City Population: ~ 200,000 Santa Clarita Valley Population: 275,000+ Ranked on of the top 10 Safest Cities in California Population growth:6.8% Population density: 3,658 residents per square mile Median Age: 35 years old Male: 49% Female: 51% Married: 62% Single: 38% Families (Kids):36%

10 Demographics cont Income Median Household Income: $80,000/yr. Per Capita Income: $31,500/yr. Cost of Living Index: 135 (35% above average) Housing Median Home Value: $425,000 Median Home Age: 21 years Average household size: 3.0 people

11 Sources Economic Development Corporations: Zoning : Commercial Use Types 17:43 Transportation and Circulation Info: Geographic Info Sys (GIS):

12 MISC Notes/Questions 1. Entry from Newhall Ave and Sierra Highway to parcels have been approved. 2. Drain maybe removed, city has an alternative drainage from Sierra Highway. Can close existing drain and build over it. 3. For more info about parcel and area look on Santa Clarita Geographic Information System (GIS). 4. Oak Trees will be an issue, but the city understands that all trees cannot be saved and have different options of handling them. You can move, replant new ones, and try to save as many as possible. The Seller has another parcel of land where the trees can be relocated if necessary. Seller is environmentally friendly.