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PREPARED BY: CRA 8901 E. PIMA CENTER PKWY, SUITE 230 SCOTTSDALE, ARIZONA 85258 [email protected] (480) 889-9900 – PHONE (480) 889-9901 – FAX
EL RANCHO SANTA ROSA
EXCLUSIVELY LISTED
CONTACTS: MICHAEL MARTINDALE TODD VESLEDAHL
The information contained herein has been obtained from sources deemed reliable. CRA assumes no responsibility for changes, errors, omissions or withdrawal from the market without notice. Financial projections contained herein are necessarily based on assumptions relating to future events which may or may not occur. Actual results will be different than the projected results described herein. The purpose of this analysis is to evaluate future results based on the assumptions, not to represent an expected outcome. No warranty or representation is made regarding the accuracy of the assumptions or the results. The user of this analysis is responsible for assessing the reliability of the assumptions used and the probability of the results actually being achieved in the future. 08/01/16
Project Description
LOCATION: West of the Northwest corner of Porter Rd. and Farrell Rd. City of Maricopa, Arizona
PRICE: $16,000,000 ($79,071 per Acre) / ($22,099 per P&E Lot) APN: 510-12-017B (117.72 AC) 510-12-017C (41.28 AC) 510-12-017F (43.35 AC) Total Acres: (203.35 AC) ZONING: Planned Area Development (PAD) PROPOSED: Expired Preliminary Plat: 724 Lots 334 - 45’ x 115’ 144 - 50’ x 115’ 237 - 60’ x 115’ 9 - 63’ x 115’ SCHOOL DISTRICT: Maricopa Unified School District #20
Saddleback Elementary School (K-5) - 18600 N. Porter Rd.
Maricopa Wells Middle School (6-8) - 45725 W Honeycutt Ave.
Maricopa High School (9-12) - 45012 W. Honeycutt Ave.
UTILITIES: Electricity – ED3 Water – Global Water & Sewer Sewer – Global Water & Sewer Telephone – CenturyLink / Cox Communications COMMENTS: The site has an approved PAD. (Planned Area Development) Never completed the legislative approval process through the City of Maricopa that would have secured the final plat for development. As a result the only entitlement currently for the property is the zoning overlay by the PAD. The pre-plats have all expired!
The information contained herein has been obtained from sources deemed reliable. CRA assumes no responsibility for changes, errors, omissions or withdrawal from the market without notice. Financial projections contained herein are necessarily based on assumptions relating to future events which may or may not occur. Actual results will be different than the projected results described herein. The purpose of this analysis is to evaluate future results based on the assumptions, not to represent an expected outcome. No warranty or representation is made regarding the accuracy of the assumptions or the results. The user of this analysis is responsible for assessing the reliability of the assumptions used and the probability of the results actually being achieved in the future. 08/01/16
MARICOPA COUNTY MAP
| 8901 E. PIMA CENTER PKWY SUITE 230 SCOTTSDALE, AZ 85258 | PHONE: (480)–889-9900 | FAX: (480)-889-9901 ** THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FORM SOURCES DEEMED RELIABLE.
CRA ASSUMES NO RESPONSIBILITY FOR CHANGES, ERRORS, OR OMISSIONS.
SUBJECT
EL RANCHO SANTA ROSA – W OF THE NWC OF PORTER RD. & FARRELL RD.
CITY OF MARICOPA, ARIZONA | + 202.35 AC | PRELIMINARY PLAT + 724 LOTS
Santa Rosa Springs Parcel 4
Elliott Homes141 Lots (50’ x 93’)
Palo BreaFinished Lot CompAsking $1,000/F.F215 ‐ 55’ x 115’91 – 60’ x 115’
106 – 70’ x 120’/140
Points of Ingress/Egressfor El Rancho Santa Rosa
| 8901 E. PIMA CENTER PKWY SUITE 230 SCOTTSDALE, AZ 85258 | PHONE: (480)–889-9900 | FAX: (480)-889-9901 ** THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FORM SOURCES DEEMED RELIABLE.
CRA ASSUMES NO RESPONSIBILITY FOR CHANGES, ERRORS, OR OMISSIONS.
EL RANCHO SANTA ROSA – W OF THE NWC OF PORTER RD. & FARRELL RD.
CITY OF MARICOPA, ARIZONA | + 202.35 AC | PRELIMINARY PLAT + 724 LOTS
SUB
JECT
724 LotsPhase 1-7
334 Lots - 45’ x 115’144 Lots - 50’ x 115’237 Lots - 60’ x 115’
9 Lots - 63’ x 115’
| 8901 E. PIMA CENTER PKWY SUITE 230 SCOTTSDALE, AZ 85258 | PHONE: (480)–889-9900 | FAX: (480)-889-9901 ** THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FORM SOURCES DEEMED RELIABLE.
CRA ASSUMES NO RESPONSIBILITY FOR CHANGES, ERRORS, OR OMISSIONS.
EL RANCHO SANTA ROSA – W OF THE NWC OF PORTER RD. & FARRELL RD.
CITY OF MARICOPA, ARIZONA | + 202.35 AC | PRELIMINARY PLAT + 724 LOTS
SUBJECT