Property Information Package

Transcription

1 Property Information Package +/ acres, Galleria at Callaway Parcel 724/918 Tyndall Parkway Callaway, FL Parcel IDs: Date: February 14, 2013 Prepared by: Patrick Jones NAI TALCOR

2 1. PROPERTY OVERVIEW 1 2. PROPERTY SPECIFIC COMMENTS 2 3. AERIAL PHOTOGRAPH 3 4. LOCATER MAP 4 5. PROPERTY PHOTOGRAPHS 5 6. AREA DEMOGRAPHICS 7 7. CONCEPTUAL DEVELOPMENT PLAN 8 8. BROKER CONTANT INFORMATION 9 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

3 1. PROPERTY OVERVIEW Prepared by: Company: Patrick Jones NAI TALCOR Address: 633 Highway 231, Panama City, FL Phone: Land Size: acres Real Estate Tax Assessment (2012): $4,594,695 Real Estate Taxes (2012): $64, Current Zoned Use TIF or Enterprise Zone Commercial; subject to N. Tyndall Pkwy Overlay District Yes; Callaway CRA Tax Parcel IDs #: ; ; ; Ingress/Egress of Site: Visibility of Site: Good; access roads in place and paved Good; only limited by density of outparcel sale/development Condition of Structure/Site: Strengths of Property: Good; predominantly level, cleared and upland Appropriately entitled; engineering work mostly completed (incl. traffic study); well located in Callaway retail center; mostly cleared and level (+/- 10% uncleared); mostly uplands (+/-90%/10%); existing stormwater mechanisms in place for +/-50% of property; access roads in place and paved; proximity to strong Super Wal-Mart facility NAI TALCOR Page 1

4 2. PROPERTY SPECIFIC COMMENTS The Subject Property is a acre unimproved property (exception of one stromwater pond), zoned Commercial, located on North Tyndall Parkway in the City of Callaway. The site is appropriately entitled with development plans preliminarily engineered and reviewed by local governmental authorities. SITE SPECIFICS Total Acreage Upland Acreage +/ acres Wetland Acreage +/-5.40 acres Existing Stormwater Acreage +/-2.2 acres Traffic/Access Information Adjacent Traffic Counts (2011) 36,000 trips per day All ingress/egress points engineered, constructed and under maintenance 4 points from US Hwy 98 (Tyndall Pkwy); 1 point to 7 th Street (Bay Co. road) 4 ingress/egress points 2 points; 1 single point Circulatory roads behind outparcels fronting property in place with open curb cuts Traffic light study completed, approved, ready for installation (cost: $225k-$240k) Site Elevation Information Flood Zone X Flood Zone A South End Property Elevations North End Property Elevations approx. 20% of total site approx. 80% of total site range from 33ft 36ft range from 31ft 32ft Utility Providers to Site Electrical Water/Sewer Natural Gas Datacom Gulf Power City of Callaway TECO Knology, Comcast NAI TALCOR Page 2

5 3. AERIAL PHOTOGRAPH NAI TALCOR Page 3

6 4. LOCATER MAPS NAI TALCOR Page 4

7 5. PROPERTY PHOTOGRAPHS NAI TALCOR Page 5

8 PROPERTY PHOTOGRAPHS (CONT D) NAI TALCOR Page 6

9 6. AREA DEMOGRAPHICS Demographics for 800 Block North Tyndall Parkway, Callaway, FL Population 1-mi. 3-mi. 5-mi Male Population 2,397 17,144 27, Female Population 2,549 18,269 30,057 % 2011 Male Population 48.46% 48.41% 48.01% % 2011 Female Population 51.54% 51.59% 51.99% 2011 Total Adult Population 3,649 26,386 44, Total Daytime Population 4,288 26,689 69, Total Daytime Work Population 1,729 9,734 39, Median Age Total Population Median Age Adult Population % 2011 Age % 29.60% 27.57% % 2011 Age % 45.24% 44.73% % 2011 Age % 25.16% 27.69% % 2011 White Population 70.19% 68.63% 70.82% % 2011 Black Population 20.44% 21.76% 20.80% % 2011 Hispanic Population 5.30% 5.24% 4.93% % 2011 Other Population 9.37% 9.61% 8.38% Population Change 1-mi. 3-mi. 5-mi Total Population 4,945 35,413 57, Total Households 1,973 13,952 23,499 % Population Change % 7.43% 8.04% % Household Change % 11.38% 12.47% Housing 1-mi. 3-mi. 5-mi Total Housing Units 2,378 15,731 25, Occupied Housing Units 2,050 13,935 22, Owner Occupied Housing Units 1,230 8,931 14, Renter Occupied Housing Units 820 5,004 8, Vacant Housing Units 328 1,796 2,809 % 2000 Occupied Housing Units 86.21% 88.58% 89.01% % 2000 Owner Occupied Housing Units 51.72% 56.77% 55.20% % 2000 Renter Occupied Housing Units 34.48% 31.81% 33.80% % 2000 Vacant Housing Units 13.79% 11.42% 11.00% Income 1-mi. 3-mi. 5-mi Median Household Income $28,837 $32,201 $35, Per Capita Income $14,099 $16,018 $18, Average Household Income $35,337 $40,657 $46,149 % 2011 Household Income $0-$29, % 47.14% 43.65% % 2011 Household Income $30,000-$59, % 30.50% 31.02% % 2011 Household Income $60,000-$99, % 13.18% 16.01% % 2011 Household Income $100,000-$199, % 7.77% 7.98% % 2011 Household Income $200, % 1.42% 1.34% Retail Sales Volume 1-mi. 3-mi. 5-mi Total Retail Sales Volume $64,603,801 $494,032,363 $907,659, Total Retail Sales Per Capita $13,064 $13,951 $15, Total Retail Sales Per HH $32,744 $35,409 $38,625 NAI TALCOR Page 7

10 7. CONCEPTUAL DEVELOPMENT PLAN NAI TALCOR Page 8

11 8. BROKER CONTACT INFORMATION For Additional Information: Patrick Jones NAI TALCOR NAI TALCOR Highway 231 Panama City, FL THE INFORMATION SHOWN, ATTACHED OR CONTAINED HEREIN IS BASED UPON INFORMATION OBTAINED FROM THE CLIENT AND/OR OTHERS AND IS FOR THEIR USE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED THE INFORMATION AND MAKE NO GUARANTEE, WARRANTY OR REPRESENTATION ABOUT IT. IT IS THE RESPONSIBILITY OF THE RECIPIENT OF THIS INFORMATION TO INDEPENDENTLY CONFIRM ITS ACCURACY AND COMPLETENESS. THIS INFORMATION SHOULD NOT BE RELIED UPON WITHOUT A CAREFUL AND INDEPENDENT INVESTIGATION NAI TALCOR Page 9