JOINER PKWY 5TH ST
OVERVIEW LOCATION OVERVIEW HIGHLIGHTS APNs 021-310-084; 021-310-085 NWC Corner of 5th Street and Joiner Parkwy in the heart of the City of Lincoln. Property runs along a wetland preserve, which gives this site an open country feel, yet is still located in close proximity to various retail amenities. In addition, a developer/builder may benefit from a design that allows for three-story units on the perimeter of this site. NICOLAUS RD TOTAL ACRES ± 4.6 ZONING WATER & SEWER UTILITIES ON 5TH ST High Density Residential (HDR) Located at edge of the property. City of Lincoln wants apartments and not detached housing for this site. JOINER PKWY 5TH ST 3RD ST PRICE $2,600,000 *MAP IS NOT TO SCALE The information in this document was obtained from sources we deem reliabile; however, no warranty or representation, expressed or implied, is made to the accuracy of the information contained herein. Page 2
V-2 rculation Diagram S Lin Legend Low Density Residential (LDR) Medium Density Residential (MDR) High Density Residential (HDR) Special Use District (SUD) Village (V) THE OPPORTUNITY 5th & JOINER PKWY represents an opportunity for a developer/builder to participate in the increasing demand for multifamily housing our region is presently experiencing. Currently, there are seventeen multifamily projects under construction throughout Rd Sacramento Region, Virginiatownthe and there are fifty-one proposed multifamily projects for the region. Of the projects that are currently under conauburn Ravin struction, only four of them are located in Placer County, mainly in Roseville and Rocklin. In summary, there are no projects under construction or proposed for Lincoln. R M ar kh am Country Estates (CE) RR y Joiner P kw Rural Residential (RR) Gladding Rd co ln Bl UP vd av in e er ± h4.6 ida ACRES n June 2014 LAND USE DESIGNATIONS Mixed Use (MU) Nicolaus Rd Neighborhood Commercial (NC) East Ave Community Commercial (CC) Regional Commercial (RC) According to a report recently published by the National Multifamily Housing Council (NMHC), the Sacramento Region will need to build more than 31,000 new multifamily units by 2030 in order to keep pace with demand. The NMHC s report researched the top 50 metropolitan areas in the country and ranked them by expected future demand, and the Sacramento Region ranked 27th according to their metrics. The report stated, among other factors, that natural population growth is one of the main drivers R forrrthe a ri increased demand. In addition, the report stated Fe Su are solid in the region, which are that economic prospects nc ity primarily led by education, and government-relatbhealth lv ed occupations. Business and Professional (BP) Employment Center (EC) Industrial Planned Development (IPD) Light Industrial (LI) Industrial (I) Open Space (OS) Agriculture (AG) Parks and Recreation (PR) Rd Public Facilities (PF) an ch Medical Center (MC) ROADWAY CLASSIFICATIONS Existing Freeway Proposed rn R ubu ACollector Minor Arterial e avin Jo in BOUNDARIES City Limits er Pk wy Sphere of Influence ALUCP Compatibility Zones National Multifamily Housing Council: Apartment Demand to Grow Through 2030, published June 2017. CoStar, Multifamily Housing Statistics P kw Moore Rd Airport Runway y *MAP IS NOT TO SCALE Expansion Railroad V-7 The information Landfill, in this document was obtained from sources we deem reliabile; Buffer however, 1-Mile no warranty or representation, expressed or implied, is made to the accuracy 100 Year of the information contained herein. Flood Zone Waterways Sacramento Business Journal: Report finds demand for 31,000 new units, published July 17, 2017. r am ALUCP Special Conditions Policy 6.2.3 OTHER Sources: Ing C1 Linc oln B lvd Major Arterial d B McCourtney Rd LAND FOR SALE JOINER PKWY C2 Ferrari Ranch R d D el W eb b B lv d Page 3 V- Stat
TAX MAP *MAP IS NOT TO SCALE The information in this document was obtained from sources we deem reliabile; however, no warranty or representation, expressed or implied, is made to the accuracy of the information contained herein. Page 4
LOCAL AMENITIES PARTIAL LIST OF RETAILERS JOINER PKWY 5TH ST PARTIAL LIST OF RETAILERS LINCOLN BLVD E JOINER PKWY Page 5
Fiddyment Rd Main Ave LAND FOR SALE JOINER PKWY DEMOGRAPHICS 1 MILE 2 MILES 3 MILES 2017 Population 13,694 28,788 35,616 Moore Rd Wise Rd Lincloln Airpark Dr Airport 9th St East. Ave McCourtney Newcastle Hwy Virginiatown Rd Wise Rd REGIONAL AERIAL LINCOLN E. Lincoln Pkwy Dell Webb Clark Tunnel Rd Gold Hill Rd Wise Rd Newcastle Hwy Newcastle Rd Lozano In 2022 Population 14,443 31,026 38,406 Twelve Bridges Dr 2017 Avg HH Income $77,776 $87,968 $89,828 2022 Avg HH Income $87,827 $99,784 $102,188 Athens Industrial Ave 65 Sunset Stanford Ranch Rd Sierra College LOOMIS Taylor Rd King Rd Auburn F 2017 Median Age 32.1 33.5 37.0 2022 Median Age 32.4 33.0 36.6 2017 Median Home Value $324,194 $342,693 $374,509 2022 Median Home Value $389,903 $412,931 $443,606 Source: ESRI, 5th & Joiner Pkwy, 1,2,3 Mile Radii P.F.E. Rd Antelope Rd NORTH GHLANDS lvd Blue Oaks Foothills ROSEVILLE Pleasnt Grove Cook Riolo Rd Junction Main St Roseville Rd Washington Vernon St Roseville Pk Pleasant Grove Riverside Ave Auburn Greenback Lane 65 Atlantic St Stanford Ranch Rd Galleria Cirby Way Twin Oaks Ave CITRUS HEIGHTS Whitney Bl Taylor Rd Oak Ave Pacific St Old Auburn Rd ROCKLIN Eureka Rd Ave 80 Sierra College Old Auburn Rd Hickory Ave Hazel Ave Rocklin Rd Douglas Eureka Rd E Roseville Pkwy Barton Rd Santa Juanita Ave ORANGEVALE Laird Rd Cavitt Stallman Rd Page 6 GRANITE BAY Folsom Auburn Rd Sacramento Cou Natoma St Placer County El Dorado Cou ine
LAND FOR SALE NWC OF 5TH & JOINER PKWY LINCOLN, CA DEVELOPMENT OPPORTUNITY ED BENOIT, CCIM, ULI BRE# 00992841 Tel: 916.677.8124 edbenoit@tricommercial.com SKIP ANDREAE BRE# 00697567 Tel: 916.677.8140 sandreae@tricommercial.com BIANCA CRUZ BRE# 02029533 Tel: 916.677.8179 bcruz@tricommercial.com The information in this document was obtained from sources we deem reliabile; however, no warranty or representation, expressed or implied, is made to the accuracy of the information contained herein.