Higby Road

Baptist Road

Downtown

Colorado

Springs

Pikes Peak

US Air Force Academy

HOME PLACE RANCH

Matt Call, ULI Principal

matt.call@navpointre.comoffice 720.420.7530direct 720.420.7529cell 303.956.5781

Matt Call, ULI Principal

matt.call@navpointre.comoffice 720.420.7530direct 720.420.7529cell 303.956.5781

www.navpointre.com www.navpointre.com

1 1/2 Miles East of Jackson Creek Parkway & Higby Road

HoME PlaCE RanCHAREA AMENITIES

located in the heart of the coveted lewis-Palmer School District

Great shopping and dining in nearby City of Monument

10 minutes to Shops at Briargate and the northern Colorado Springs amenities

88-acre 641,000 SF Monument Marketplace retail center on Jackson Creek Parkway - less than 2 miles away from Home Place Ranch

Retailers such as Kohl’s, Wal-Mart and Cold Stone Creamery have chosen the Monument Marketplace for recently opened locations

The U.S. air Force academy is located just six miles to the south and contributes greatly to the heritage of the area

Myriad Golf Courses and Recreation amenities within 15 minutes of the project

Higby Road

SITE

SITE

V

427 acres of Platted Residential Development Landlocated in Monument, ColoradoThe information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this

information to independently verify it. This package is subject to change, prior sale, or complete withdrawal.

John WittBrokerage Services

john.witt@navpointre.comoffice 720.420.7530direct 720.420.7527cell 303.748.8390

John WittBrokerage Services

john.witt@navpointre.comoffice 720.420.7530direct 720.420.7527cell 303.748.8390

Approximately $5,000,000 in entitlement work completed to date

www.navpointre.com www.navpointre.com

lots Description Dimensions Dwelling UnitsA Production Residential 65x110 193C High Density Patio/Townhouse 40x90 69D High Density Patio/Townhouse 40x90 97E Estate Lots 100x150 90F Estate Lots 100x150 45G Production Residential 65x130 15H Production Residential 65x110 280I High Density Patio/Townhouse 50x100 56

TOTAL: 845

E

F

A

G

H

C

D

I

City: MonumentCounty: El PasoLot Size: 427 acresAsking Price: $13,995,000 ($32,775/acre, $15,032/lot)

427 acres with final plat approved for 845 residential units Excellent custom or production home development opportunity Gorgeous views of Pikes Peak and the southern Front Range Only 6 - 8 months to satisfy remaining conditions of final plat Well located development land in strong submarket (Northern El Paso County) Approximately $5 million invested in entitlement work to property to date Well sized project under 500 acres with good preliminary plat density Plat approved by Town of Monument with minor requirement for final plat approval Governmental approvals in place for development Strong local market demographics and population Easy access from major thoroughfares (I-25/Baptist Road/Hwy 105) Entertainment and shopping amenities close to site Commercial and residential development currently occurring near site

Home Place Ranch Entitlement Status

The following items have been completed to date: Phase I Engineering Complete - includes Gleaneagle Drive, Improvements on Higby Road, All Work in

Channel, Lots/Streets in A, Lots/Streets in H, School Site, and all Utility Engineering (Electric, Main Water, Main Sewer).

All landscaping designs including open space are approved Channel design, mouse habitat, walking paths, and ponds Additional Water Tank Study and Design Traffic light on Baptist Road is in and paid for Forestry plan is complete

The following conditions must be satisfied in order to start Site Work: Tri-View Metro District Water - New Water tank has environmental study and design completed. May be

able to negotiate using a standpipe or booster pump in lieu of the water tank. Lewis-Palmer School District - Need letter of acceptance for location of elementary school on the site.

The district’s consultant approved the location contingent on the final grading plan. Colorado Fish and Wildlife Department - Need to approve channel enhancements. Has been through 90

day waiting period with no negative comments Tri-City Electric - Need to approve location of road which passes under Main Transmission lines.