LAND OFFERING Karcher Boulevard S Indiana Avenue DEVELOPED Orchard Avenue Lake Lowell - 78.461 ACRES Approved project with utilities at or near site Part of a 545 lot approved master planned subdivision Proven project with multiple phases sold out FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Ryan Cantlon Land Brokerage (208) 867-3751 ryan@icbre.com
OFFERING DETAILS CALDWELL, IDAHO 83644 ASKING PRICE CURRENT JURISDICTION CURRENT ZONING GROSS ACRES PARCEL NUMBER $2,738,289 ($34,900 per acre) Annexed into City of Caldwell R1 (max density of 3 units per acre) 78.461 (per County records) R32981010100 DEVELOPED Approved as part of the 545 lot master plan Tuscan Ridge Subdivision (marketed as Sienna Hills) In 2018, Sienna Hills achieved the 3rd highest absorption and 3rd highest average sales price in Canyon County Approved preliminary plat proposed 164 buildable lots on this property Development agreement in place Proven project with multiple phases sold out Utilities at or near site, city well site on property Close proximity to shopping and Lake Lowell Contact listing agent for additional information S Indiana Avenue Orchard Avenue 2
OFFERING DETAILS DEVELOPED C CALDWELL, IDAHO 83644 Acres (Per County Records) 78.461 Buildable Lots Based on Approvals 164 Zoning allows up to 3 units per acre Approvals have a typical lot size over 10,000 square feet 3
PLAT MAP 4
PARCEL MAP Orchard Ave City Well Site R3298101000 S Florida Ave 78.461 ve 5
CANYON COUNTY and CALDWELL OVERVIEW Caldwell is a city in and the county seat of Canyon County, Idaho. Considered part of the Boise metropolitan area, Caldwell is the location of the College of Idaho and the College of Western Idaho. The present day location of Caldwell is along a natural passageway to the Inland and Pacific Northwest. Caldwell s inception occurred largely as a result of the construction of the Oregon Short Line Railroad, which connected Wyoming to Oregon through Idaho. The population of Caldwell increased 18% between 2010 and 2017. Source: caldwellchamber.org and wikipedia STATISTICS CALDWELL CANYON COUNTY Population 54,660 216,699 Median Age 29.1 32.5 Median Household Income $43,269 $46,426 Median Home Listing Price $183,700 $192,000 High Graduate or Higher 81.7% 81.7% Source: US Census Bureau TOP PERFORMING CANYON COUNTY SUBDIVISIONS IN 2018 Ranking By New Homes Sales Volume Ranking By New Homes Average Sales Price SUBDIVISION NEW HOME SALES AVERAGE SALES PRICE SUBDIVISION NEW HOME SALES AVERAGE SALES PRICE 1 West Highlands Ranch 67 $ 299,840 2 Carriage Hill North 43 $ 337, 019 3 41 $ 320,952 4 Brookdale 41 $ 284,344 5 Franklin Village 39 $ 235,738 6 Cirrus Pointe 38 $ 265,033 7 Crossing at Meadow Park 38 $ 275,898 8 Lava Springs 37 $ 303,152 9 Voyage Crossing 32 $ 188,736 10 Virginia Park 32 $ 216,634 1 Redhawk Ridge 31 $ 408,432 2 Carriage Hill North 43 $ 337, 019 3 41 $ 320,952 4 Lava Springs 37 $ 303,152 5 West Highlands Ranch 67 $ 299,840 6 Brookdale 41 $ 284,344 7 Crossing at Meadow Park 38 $ 275,898 8 Cirrus Pointe 38 $ 265,033 9 Franklin Village 39 $ 235,738 10 Virginia Park 32 $ 216,634 Source: MLS, new home sale closings only from January 1, 2018 to December 31, 2018, minimum of 30 homes sold for search period 6
AERIAL Vallivue High Homedale Road TREASURE VALLEY CROSSING Vallivue Middle Central Canyon Elementary Karcher Road Midland Blvd TREASURE VALLEY MARKETPLACE Lakevue Elementary Nampa Christian Orchard Avenue KARCHER MALL Cleveland Blvd Indiana Avenue N Lake Avenue N Midway Road Roosevelt Avenue N Middleton Road N Midland Blvd 7
VALLEY LOCATOR MAP MIDDLETON STAR CALDWELL MERIDIAN BOISE NAMPA KUNA 8
RYAN CANTLON BIOGRAPHY RYAN CANTLON LAND BROKERAGE email: ryan@icbre.com office: (208) 343-9300 cell: (208) 867-3751 REAL ESTATE PRACTICES Ryan Cantlon focuses on land acquisition and disposition. WORK HISTORY Ryan has been involved in hundreds of land related transactions totaling thousands of development acres, resulting in the development of over 6,000 lots across more than 70 projects in the Boise MSA. Transactional experience includes master planned communities, bulk subdivision lots, commercial land, golf courses, and agricultural land. Clients Ryan has worked with range from various financial institutions, developers, local and national homebuilders, institutional funds, and local land owners. PERSONAL A native of Boise, Ryan received his BBA in Operations Management from Boise State University. In his free time he can be found enjoying the outdoors of Idaho. SAMPLE TRANSACTIONS SELLER REPRESENTATION BUYER REPRESENTATION 660 acres - Ada County, ID 440 acres - Star, ID 409 acres - Eagle, ID 365 acres - Eagle, ID 393 acres - Nampa, ID 227 acres - Nampa, ID 263 acres - Caldwell, ID 204 acres - Caldwell, ID 211 lot subdivision - Eagle, ID 170 acres - Meridian, ID 184 acres - Boise, ID 166 acres - Meridian, ID 137 acres - Kuna, ID 114 acres - Meridian, ID 127 acres - Star, ID 110 lot subdivision - Eagle, ID 111 lot subdivision - Caldwell, ID 101 lot subdivision - Caldwell, ID 100 acres - Middleton, ID 100 acres - Kuna, ID 99 lot subdivision - Caldwell, ID 85 lot subdivision - Meridian, ID 95 acres - Eagle, ID 72 lot subdivision - Meridian, ID 94 lot subdivision - Caldwell, ID 70 lot subdivision - Caldwell, ID 92 acres - Star, ID 68 lot subdivision - Meridian, ID 85 acres - Nampa, ID 64 lot subdivision - Star, ID 65 acres - Eagle ID 62 acres - Eagle, ID 41 acres - Meridian, ID 52 lot subdivision - Middleton, ID IDAHO COMMERCIAL BROKERAGE ICB was established in 2002 and operates on the premise of building dependable client-broker relationships unmatched by the larger corporate approach to brokerage representation. The company is located in downtown Boise and is comprised of agents David McDonald, Moe Therrien and Ryan Cantlon. Idaho Commercial Brokerage specializes in investment property and land sales. updated: 01/14/2019 9