1432 North Highway 50 Delta, Colorado 81416

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1 1432 North Highway Commercial Property Information John Renfrow * Jim Renfrow Renfrow Realty Page 1

2 Executive Summary LOCATION, LOCATION 1432 N. HWY 50 *DELTA,,COLORADO* O O $498, Vacant Commercial Ground 5.95 parcel zoned B-3 in North Delta on Highway 50. Located in the path of future development. 240 ft. +/- Highway frontage. High traffic count. Great visibility! All utilities on or near property. 7 shares of irrigation water; 6 shares of North Delta and 1 share of Hartland Ditch. Excellent location for your business! Call John or Jim Renfrow at (970) or (800) Page 2

3 Parcel Map Subject property Page 3

4 Aerial Photo Sbj Subject property Page 4

5 Directions to Property Starting from Delta Chamber of Commerce, 301 Main Street, Delta, CO Page 5

6 Delta County Assessor Property Account Detail* Account Detail Account: R Owner Information Owner Name JAMESGARYK Parcel Number Owner Address 1432 HIGHWAY 50 DELTA, CO Tax Information *2010 $ *Estimated 2009 Assessment Information Tax Area: A-- Mill Levy: Actual (2009) $69,069 Assessed $5,498 Type Actual Assessed Acres Units Improvements $4,069 $324 Land $65,000 $5, Legal Description Tax Area Id A-- - A-- Situs Address 1432 N HIGHWAY 50 Legal Summary 1432 N HIGHWAY 50 DELTA S: 11 T: 15S R: 96W Subdivision: RURAL AREA TOTAL AC SEC 11 T15S R96W 6PM PT OF SW4 SEC 11 BEG AT A PNT 10 93'W OF INTERSECTION OF HEY50 & E/L OF SD SW4 SEC 11 TH S940' TO N/L OF HARTLANDDITCH TO A PNT 'S OF S/L OF ROW OF HWY 50 TH N1292.7' TO S/L OF HWY 50 TH E240' TO BEG BK 347 PG 542 BK 384 PG 425 BK 385 PG 156 BK 386 PG 5 BK 742 PGS 559 THRU 561 BK 832 PG 877 AX BK 26 PG 32,33 BK 895 PG 946 THRU 949 INCLUSION R *For more information please contact the Delta County Assessor at (970) Page 6

7 Property Account Detail Parcel 2 Assessment History Land $65,000 $30,000 $30,000 $53,000 Land Assessed $5,174 $2,390 $2,390 $4,219 Improvements $4,069 $3,636 $0.00 $0.00 Improvements Assessed $324 $290 $0.00 $0.00 Total Actual Value $69,069 $33,636 $30,000 $53,000 Total Assessed Value $5,498 $2,680 $2,390 $4,219 Tax History 2004 Tax Charge 01/01/2005 $ $ Tax Charge 01/01/2006 $ $ Tax Charge 01/09/2007 $ $ Tax Charge 01/04/2008 $ $ Tax Charge 01/08/2009 $ $80.78 Property Characteristics Mobile Home Abstract Codes Abstract Code PERCENT MANUFACTURED HOUSING- IMPROVEM 100 DIM1 30 DIM2 40 Neighborhood DELTA NORTH (CITY) Adj 1 Subdivision Adjusted Area Optional AttributesDEPR02 DEPR Property Characteristics Land Lval DEL 5 TO 9.99 ACRES Abstract Code Abstract Code Percent manufactured housingland Lot Front 0 Lot Depth 0 Adj Adj Adj Adj Neighborhood DELTA NORTH Road R HWY (CITY) TOPO AVG TOPO Utilities N/A Appr Dist DELTA Subdivision DELTA NORTH Use Code 1000 Review Date OCT 2007 Acres 5.95 Utility Building Adjusted Area CODE UTILITY BLDG S LOW Mobile not included in listing Abstract Codes Abstract t Code PERCENT price, but is negotiable MANUFACTURED HOUSING- 100 IMPROVEM DIM1 8 DIM2 40 Neighborhood DELTA NORTH (CITY) Adj 1 50 Subdivision Optional AttributesDEPR02 DEPR02 Page 7

8 Map of Vicinity Highway 50 Sbj Subject property Bill Heddles Recreation Center Downtown Delta Page 8

9 General Information Utilities Information Water City of Delta (970) tap Sewer City of Delta (970) tap Electricity DMEA (970) Gas SourceGas (800) Located on property Telephone Qwest (800) Irrigation North Delta Irrigation 6 shares Hartland Ditch 1 share Property is being sold as vacant with utilities Mobile is not included in purchase price, but is negotiable Steel Carport is not included in purchase price Page 9

10 Photographs Mobile home not included in purchase price, but is negotiable. Page 10

11 Zoning Map Parcel 2 is zoned B-3 in the City of Delta B-3 zoning includes uses-by-right for zones B-1 and B-2 Regulations on the following pages For more information contact City of Delta (970) Page 11

12 Zoning Breakdown* B B-3 District. A. INTENT: The B-3 District is intended for a large variety of uses that require large storage areas to conveniently serve customers. B. USES BY RIGHT: 1. Uses listed as uses by right in the B-1 and B-2 Districts. 2. Electronic and telecommunications antennas, receivers and transmitters. 3. Mobile home sales or service establishments. 4. Machine and welding shops. 5. Large equipment rental businesses. 6. Feed storage and sales establishments. 7. Construction and contractors office and equipment storage facilities. 8. Aboveground fuel storage facilities for hazardous fuels. 9. Warehouses and storage facilities. 10. Veterinary clinics or hospitals for large animals. C. CONDITIONAL USES: 1U 1. Uses listed as conditional dii uses in the B-1 B1 and B-2 2Districts i not listed as a specified Use by Right in (B) above. 2. Manufacturing not allowed as a Use by Right in (B)(1) above. D. PERFORMANCE STANDARDS: 1. No use shall be established, maintained, or conducted in any B-3 District that will result in any public or private nuisance. 2. No Factory Built Housing, except for Allowed Modular Housing as defined in Section (A)(9), shall be authorized. Any Allowed Modular Unit(s) must be permanently attached to an engineered foundation and properly connected, completed and inspected on site in accord with the reasonably applicable provisions of Chapter of the Delta Municipal Code as outlined in the pertinent building permit. 3. Rental storage operations must meet the criteria set out in Subsection (E)(3). (Ord. 4, 1, 1999; Ord. 4, 11, 2008) B-4 District. A. INTENT: The B-4 District is intended to provide for retail shopping and services convenient to residential neighborhoods. B. USES BY RIGHT: 1. Government buildings and facilities. 2. Public utility service facilities. 3. Retail stores, business and professional offices, personal service establishments. 4. Restaurants and taverns. 5. Theaters. 6. Gas stations. 7. Car washes. 8. Self-service laundries. 9. Churches. 10. Child care facilities. 11. Assisted living facilities. 12. Single family homes, duplexes, and multiple family residences. 13. Parks and playgrounds. 14. Accessory uses. 15. Adult care facilities. C. The following uses are not to be construed as a use by right or a conditional use in the B-4 District: 1. Automobile or vehicle sales and service establishments. 2. Farm implement sales or service establishments. 3. Trailer home or mobile home sales or service establishments. 4F 4. Feed storage and sales establishments. blih 5. Veterinary clinics or hospitals. 6. Automobile body shops. 7. Construction and contractors equipment storage facilities. 8. Machine and welding shops. 9. Aboveground storage facilities for hazardous fuels. 10. Warehouse and storage facilities. 11. Manufacturing and industrial uses. D. PERFORMANCE STANDARDS: 1. No use shall be established, maintained, or conducted in any B-4 District that will result in any public or private nuisance. 2. No Factory Built Housing, except for Allowed Modular Housing as defined in Section (A)(9), shall be authorized. Any Allowed Modular Unit(s) must be permanently attached to an engineeredfoundation and properly connected, completed and inspected on site in accord with the reasonably applicable provisions of Chapter of the Delta Municipal Code as outlined in the pertinent building permit. (Ord. 4, 1, 1999; Ord. 7, 13, 2005; Ord. 4, 12, 2008) *Delta Municipal Code Title 17: Land Use Regulations Zoning Regulations ( ) Page 12

13 Zoning Breakdown* B-3 Cont d B-2 District. B. USES BY RIGHT: 1. Those listed in the B-1 District as uses by right. 2. Laundromats. 3. Bowling alleys. 4. Car washes. 5. Rental storage units with a maximum rental unit size of three hundred (300) square feet. 6. Veterinary clinics or hospitals for small animals. 7. Nursing homes, sanatoriums, and hospitals. 8. Retail building material supply businesses. 9. Gas stations and vehicle repair businesses. 10. Farm implement and vehicle sales and service establishments. 11. Wholesale distribution. C. CONDITIONAL USES: 1. Those conditional uses listed for the B-1 District not listed as a use by right in (B) above, except small manufacturing specified in Subsection (C)(1). 2. Travel home parks. 3. Small manufacturing operations which meet the following criteria in addition to the criteria of Section : a. The manufacturing activities shall be totally enclosed within a building. b. All storage of equipment, supplies, materials and inventory shall be within an enclosed building. No exterior storage is allowed. c. Trucks, trailers and other vehicles shall not be parked on the public street. d. The activity shall not result in any public or private nuisance. e. Off street t parking is required B-1 District. B. USES BY RIGHT: 1. Retail stores, business and professional offices and service establishments which cater to the general shopping public. 2. Libraries and museums. 3. Government buildings and facilities. 4. Public utility service facilities. 5. Private and fraternal clubs. 6. Theaters and places of amusement. 7. Restaurants and taverns. 8. Depots. 9. Churches (off-street parking required). 10. Child care facilities (off-street parking required). 11. Hotels and motels (off-street parking required). 12. Parking lots and garages. 13. Single family homes, duplexes, dwelling units in buildings containing other uses, and multiple family residences (off-street parking required). 14. Schools (off-street parking required). 15. Retail stores, business and service establishments serving the general public but which also involve limited manufacturing of the products supplied. 16. Funeral homes (off-street parking required). 17. Parks and playgrounds. 18. Accessory uses. 19. Adult care facilities (off-street parking required). 4, 10, 2008) C. CONDITIONAL USES: 1. Small manufacturing operations which meet the following criteria in addition to the criteria of Section : a. The manufacturing activities shall be totally enclosed within a building. b. All storage of equipment, supplies, materials and inventory shall be within an enclosed building. No exterior storage is allowed. c. Trucks, trailers and other vehicles shall not be parked on the public street. No more than one shipment operation may occur per day. d. The activity shall not result in any public or private nuisance. e. Off street t parking is required. 2. Antennae for personal wireless services as defined in 97 USC 332(c)(7). *Delta Municipal Code Title 17: Land Use Regulations Zoning Regulations ( ) Page 13

14 Colorado DOT Traffic Count Raw Data taken from Page 14

15 Topo Maps 2 D Topo Map 3 D Topo Map Subject property Page 15

16 Highway & Road Accesses Subject property Grand Junction (~40 miles) Montrose (~21 miles), Ouray (~57 miles), Telluride (~86 miles) Cedaredge (~16 miles), Hotchkiss (~22 miles), Paonia (~31 miles) Page 16

17 Recap Property Acres MOL Total Listing Price per Price per Sq.Ft. MOL Price Acre Total Sq.Ft N HWY ,182 $498,888 $83, $1.92 Great location Located in the path of future development Price includes land only Highway 50 frontage High visibility 240+ feet of frontage Contact John or Jim Renfrow at (970) or (800) Page 17