THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE, BUT IS NOT GUARANTEED BY THE BROKER. ALL DIMENSIONS, SIZES AND FIGURES ARE APPROXIMATE. THE PROPERTY IS SUBJECT TO PRIOR SALE, PRICE CHANGE OR WITHDRAWAL.

8141 E Indian Bend Rd, Suite 103Scottsdale AZ 85250Tel: (480) 443-8570Fax: (480) 443-3736www.westland-properties.com

EXCLUSIVE LISTINGLONE MOUNTAIN

LONE MOUNTAIN RD & PIMA RD | SCOTTSDALE, ARIZONA

LOCATION Site is located adjacent to the Sincuidados Master Plan, West of theSouthwest corner of Lone Mountain Rd & Pima Rd, Scottsdale, Arizona

NUMBER OF ACRES ±78.47

ZONING HC ESL / City of Scottsdale

OFFERING All offers to be submitted by 5pm Friday, March 13, 2020. Propertywill be sold to the highest and/or most qualified bidder.

SUGGESTED TERMS Cash. 45-day Feasibility Period with a close of escrow 30-days thereafter

UTILITIES WaterSewerElectric

City of ScottsdaleCity of ScottsdaleArizona Public Service

CONTACT Grant D. Helgeson, Don McCaulWestland Properties Group

COMMENTS This is a rare opportunity to purchase a pristine hillside conservation parcelin North Scottsdale.

Property features an interlaced walking trail that eventually rises to thesummit of Lone Mountain (elevation 2,639’) that was built and dedicated bythe previous landowner. The initial preservation and care of this incredibleproperty is owed to H. B. & Jocelyn Wallace, previous residents ofSincuidados and extraordinary horticulturists with a deep passion forpreserving the natural desert flora and fauna. The Perpetual ConservationEasement specifies that no residential homes may be constructed onproperty. Contact Brokers for more details.

Lone Mountain Rd

Dixileta Dr

Pim

a R

d

Hay

den

Rd

Scot

tsda

le R

d

SincuidadosMaster Plan

E Dixileta Dr

N P

ima

Rd

E Visao Dr

E Lone Mountain Rd

N 77

th P

l

E Pasaro Dr

E Atre

vido

E Balao Dr

E Mary Sharon Dr

AtrevidoE Baker Dr

E Pontebella Dr

N S

cotts

dale

Rd

N G

rani

te R

eef R

d

E Bris

a Dr

E Whisper Rock Trl

E Penasco

N B

lack

Cro

ss R

d

N Las Piedras

N A

rtemisa

N MontanosoE Corva Dr

Chaparron

N 7

3rd

St

E Sonoran Trl

N 78

th P

l

E Artemisa

Ensueno

E Alta Sierra DrRocoso

N El Majon

N M

iller

Rd

E Lazy J Rd

N Campestre Dr

Redondo

N 7

2nd

Pl

N 7

7th

Way

E Cha

parro

n

E Moura Dr

E Las Piedras Way

N 74th

Way

E Lowden DrN

76t

h St

N 7

8th

St

Miradar

E Milton Dr

E Davis Rd

E Lower Wash Pass

E Wildcat Dr

N E

nsue

no

E Las Rocas

Jematell Ln

E Gloria Ln

N 7

5th

St

N El Colla

do

82nd Pl

E Perola Dr

Faci

l

N 7

2nd

Way

Cortante

Campana

N 76th St

E Pontebella Dr

Chapa

rron

N 7

2nd

Pl

E Baker Dr

E Balao Dr N 7

7th

Way

N 7

8th

St

E Baker Dr

E Mary Sharon Dr

E Corva Dr N 7

8th

Pl

N 7

4th

Way

±78.47 ACRES | ZONED HC HAYDEN RD & LONE MOUNTAIN RDSCOTTSDALE, ARIZONA

8141 E Indian Bend Rd, Ste 103 Scottsdale AZ 85250Tel: (480) 443-8570 / Fax: (480) 443-3736www.westland-properties.com

WPG WESTLAND PROPERTIESGROUP|Grant D Helgeson, Broker - Direct: (480) 675-5149

Don McCaul, Broker - Direct: (480) 675-5144

Lone Mountain Rd

Dixileta Dr

64th

St

Hay

den

Rd

56th

St

Dove Valley Rd

E Dynamite Blvd

N P

ima

Rd

Cave

Cre

ek R

d

Scot

tsda

le R

d

N T

atum

Blv

d

N S

cotts

dale

Rd

N Tatum Blvd

Cave

Cre

ek R

dLone Mountain

Sincuidados

WDG

Monte Vista

PFNRC

NC

Fisher

PhoenixArnold

TM

Turquesa

G4

Chalpin

Pima

Gibbs

BellissimaDMM

Garrison

Saguaro Estates

HOH

Mastro

FM

Saguaro Highlands

Valvur

DSA

SBC

Evitt

Clure

Rigel

DVD

Phoenix

DFL

Albas

Hoover

St Gabriel

Estates

Santolina

Paloma

Dream Center

Miola

Saguaro Canyon

Heights

LOTD

Bellisima Ranch

Gemini

Brown

Rancho North

FN

Scottsdale

Farmer

Howell

Zerlotti

EnclaveGill

Siar

MJ2

YeeSanchez

Grandilla

DVCC

Atchison

P&G

PVF

Matlack

Rancho Paloma

Fernandez

Atlas Dev

LMR

Morgan Taylor

Ross

Shea

AFSCRB

West

Oosthuisen

Faber

Alkin

Cook

Carey

TCTCYunosi

Hunter

Dukum Moyes

Lyons

Brown

CroweMastro

64th & Dixileta

3 BWG

Scheier

Zinkhan

Rothwell

Brunson

Laneville

Sandspur Ranch

DeMore

Erlandson

Alabaster

Lungwitz

Black Mtn

Ashler Hills

Toy Barn

McDonald

Hulsizer

Gregory

Chiaramonte

Dynamite

Chiaramonte

Phillips

Saddlewood

HardyckDaleiden

Hall

Ezzell

60 Dynamite

Preakness EstatesFoster

±78.47 ACRES | ZONED HC HAYDEN RD & LONE MOUNTAIN RDSCOTTSDALE, ARIZONA

8141 E Indian Bend Rd, Ste 103 Scottsdale AZ 85250Tel: (480) 443-8570 / Fax: (480) 443-3736www.westland-properties.com

WPG WESTLAND PROPERTIESGROUP|Grant D Helgeson, Broker - Direct: (480) 675-5149

Don McCaul, Broker - Direct: (480) 675-5144

Meyers Index Rating

SITE REPORT

8099 E Lone Mountain Rd, Scottsdale AZ 85266

Prepared by Ben Sanchez at Westland Properties Group

ARIZONA

5858099 E Lone Mountain Rd, Scottsdale AZ 8526633.7650N -111.9077W

1

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Parcel Details

2

PARCEL CHARACTERISTICS

APN

21665007ELot Size

3,418,327 sq ft

Zoning

HCLot Size

78.47 acres

Land Use

PUBLIC (NEC)

LAST RECORDED CLOSING

Date

May 08, 2007

OWNER INFORMATION

NameBOYCE THOMPSON SOUTHWESTERN AR

Address30600 N PIMA DR #56, SCOTTSDALE AZ, 85262

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Economy

3

Phoenix-Mesa-Scottsdale CBSA Metro Area

JOB GROWTH year-over-year

Nov. 2019 Job Growth:

56,100new jobs

2020 Job Forecast:

44,207new jobs

2015

180,000

120,000

60,000

-180,000

-120,000

-60,000

0

1999

2011

2021

F19

9520

0719

9120

03

UNEMPLOYMENT RATE

Nov. 2019 Unemployment:

4.1%Unemployment 2020 Forecast:

4.0%

2000

4.0

8.0

12.0

2.0

6.0

10.0

0.0

2021

F19

9020

10

Maricopa County

JOB GROWTH year-over-year

Dec. 2019 Job Growth:

55,779new jobs

2020 Job Forecast:

42,344new jobs

1995

-165,000

110,000

-110,000-55,000

55,000

-220,000

165,000

0

2007

2019

1977

1989

2001

2013

2021

F19

7119

83

TOP EMPLOYERS # employees

Banner Health 9,996

American Express 7,269

Honeywell 6,265

Dignity Health 5,570

Bank Of America 5,086

ANNUAL JOB GROWTH BY SECTOR

TTU

17,50014,00010,500

7,000

-3,500

3,5000

NRMPBSOMIHGFEHCON

EMPLOYMENT BY SECTOR

Trade, Transport & Utilities (TTU)

19.2%

Professional & Business Services (PBS)

17.2%

Other (O)3.0%

Natural Resource Mining (NRM)

0.0%

Manufacturing (M)6.1%

Information (I)2.0%

Hospitality (H)11.1%

Government (G)10.1%

Finance (F)9.1%

Education & Health (EH)

16.2%

Construction (CON)6.1%

OFFICE ABSORPTION

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Community

4

Zip Code 85266

HOUSEHOLD INCOME

2020E Median Household Incomes:

$134,935

2019E97,500

104,000

110,500

117,000

123,500

130,000

136,500

2010 2024F

POPULATION BY AGE

2020E Median Age:

57year 6month

85+

1,950

3,900

1,300

3,250

650

2,600

0

75 to

84

65 to

74

55 to

64

45 to

54

35 to

44

25 to

34

15 to

24

Under 15

POPULATION GROWTH

2020E Population Growth:

25.35%2025F Population Growth:

8.66%

2024F

10,000

6,000

16,000

12,000

8,000

18,000

14,000

2019E20102000

ETHNICITY

Hispanic Origin3.6%

Two Plus1.8%

American 0.2%

Pacific Islander0.0%

Asian2.3%

Black1.4%

White90.6%

HOUSEHOLD GROWTH

2020E Household Growth:

21.30%2025F Household Growth:

8.13%

2024F

3,000

6,000

3,750

6,750

4,500

2,250

5,250

2019E20102000

SCHOOLS score

Lone Mountain Elementary School 9/10

Sonoran Trails Middle School 9/10

Cave Creek Unified District -

Cactus Shadows High School 8/10

CRIME RATE per 1,000 people 85266 Arizona

Total Crime Rate:

6.98 31.52Violent Crime Rate:

0.5 4.75Property Rate:

6.48 26.77

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Supply

5

Maricopa County

PERMITS last twelve months

Nov. 2019 Total Residential Permits:

30,366 Single-family Multifamily

2004

45,000

30,000

75,000

15,000

60,000

020161988 2000 20121984 1996 2008 20191980 1992

# OF LISTINGS

Dec. 2019 # of Listings:

17,472listings

2019

CM

27,500

20,000

30,000

22,500

15,000

25,000

17,500

2018

2017

2016

2015

2014

2013

DAYS ON MARKET

Nov. 2019 Days on Market:

52days

2014

60

120

75

30

90

45

105

2019

CM20

10

City of Scottsdale

PERMITS last twelve months

Nov. 2019 Total Residential Permits:

135 Single-family Multifamily

2019

550

1,100

1,650

2,200

2,750

0201820172016201520142013201220112010200920082007200620052004

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Supply

6

Sold Out ProjectUpcoming ProjectActive ProjectNEARBY PROJECTS

PROJECTNO BUILDER UNIT SIZE TYPE

Sincuidados Cachet Homes 3327-4140 Detached1 $1,429,958 - $1,699,0001111111111111111111111111111

Scottsdale Heights K. Hovnanian Homes 2090-2294 Detached2 $627,990 - $645,9902222222222222222222222222222222222222222222222222

Turquesa Toll Brothers 3637-4981 Detached3 $1,064,995 - $1,186,99533333333333333333333333333333333333333333333333333

Copper Sky/Capstone Taylor Morrison 3534-4342 Detached4 $805,990 - $865,9904444444444444444444444444444444444444444444444444444

Sierra Boulders Rosewood Homes 4115-5042 Detached5 $879,990 - $959,990555555555555555555555555555555555555555555555555

PRICE RANGE

Saguaro Estates Toll Brothers 3958-3958 Detached6 $1,076,995 - $1,076,9956666666666666666666666666666666666666666666666666

Enclave on the Eighth Taylor Morrison 2181-2590 Detached7 $563,990 - $688,000777777777777777777777777777777777777777777777

Lone Mountain/Monarch Pulte Homes 3216-3216 Detached8 $949,990 - $949,990888888888888888888888888888888888888888888888888888

Sierra Highlands Rosewood Homes 4115-5042 Detached9 $969,990 - $1,074,9909999999999999999999999999999999999999999999999999999

Lone Mountain Richmond American Homes 3262-4019 Detached10 $564,990 - $634,9901010101010101011010101010101010100101000010101010101011001010100010101001011011000

Estates at Lone Mountain Lennar 2856-3628 Detached11 $523,990 - $594,9901111111111111111111111111111111111111111111111111111111111111111111111111

Lone Mountain/Pinnacle Pulte Homes 2426-2426 Detached12 $413,990 - $413,9901212121212121211212121222121212121221212212121212122121221221212122122222122222121

Ridge at Troon North Quantum 1315-1835 Attached13 $269,900 - $399,0001313131313131313131313133131313133311313131313131333331313131331333313331131313131333333

Parolo Vista Homes by Towne 3734-4121 Detached14 $1,135,226 - $1,181,420141414144141414141414141414141414141414141414144414414414444444414444444444414444414

Lone Mountain/Summit & Ca… Taylor Morrison 2691-4294 Detached15 $477,990 - $585,99015151515151515151515151555151515151515151515155151515151515151555515551555151511551555

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Sales

7

Maricopa County

Total Home Closings last twelve months

Nov. 2019 Total Home Closings:

117,579Nov. 2019 Total Existing Closings:

102,114Nov. 2019 Total New Closings:

15,465

2010

150,000

100,000

250,000

50,000

200,000

02008 201920062004 20162002 20142000 2012

Tota

l Hom

e Sa

les

City of Scottsdale

Total Home Closings last twelve months

Nov. 2019 Total Home Closings:

10,541Nov. 2019 Total Existing Closings:

10,132Nov. 2019 Total New Closings:

409

2010

2,250,000

1,350,000

450,000

1,800,000

900,000

02008 2019LTM20062004 20162002 20142000 2012

Tota

l Hom

e Sa

les

85266 Zip Code

Total Home Closings last twelve months

Nov. 2019 Total Home Closings:

521Nov. 2019 Total Existing Closings:

472Nov. 2019 Total New Closings:

49

2010

900

600

1,500

300

1,200

02008 201920062004 20162002 20142000 2012

Tota

l Hom

e Sa

les

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Prices

8

City Of Scottsdale

CLOSING HOME PRICE

Nov. 2019 Median Detached New:

$705,548Nov. 2019 Median Detached Existing:

$564,951

2010

1,200,000

1,000,000

800,000

600,000

400,000

200,000

02008 2019LTM20062004 20162002 20142000 2012

85266 Zip Code

CLOSING HOME PRICE

Nov. 2019 Median SFD New:

$922,369Nov. 2019 Median SFD Existing:

$713,523

2017

2,100,0001,750,0001,400,0001,050,000

350,000700,000

020152013201120092007 2019LTM

DETACHED AFFORDABILITY

New Existing

2011

60

15

75

30

45

0

2016

2006

2018

CLOSINGS BY PRICE RANGE last twelve months

New Existing

1.5M-3.

7M

175

140

105

35

70

0

1.3M-1.

5M

1.1M-1.

3M

960K

-1.1M

780K

-960K

600K

-780K

420K

-600K

240K

-420K

60K-24

0K

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020 Distress

9

City of Scottsdale

HOUSING TRANSACTION VOLUME BY TYPE last twelve months

New Existing Foreclosure Sale Foreclosure NOD

2019LTM

10,000

2,500

12,500

5,000

7,500

02018201720162015

NOTICES OF DEFAULT & FORECLOSURES last twelve months

Nov. 2019 Total Foreclosures:

119Nov. 2019 Notices of Default:

905

2010

3,000

6,000

1,500

4,500

7,500

02008 2019LTM20062004 20162002 20142000 2012

85266 Zip Code

NOTICES OF DEFAULT & FORECLOSURES last twelve months

Nov. 2019 Total Foreclosures:

5Nov. 2019 Notices of Default:

50

2010

400

320

240

160

80

02008 201920062004 20162002 20141999 2012

8099 E Lone Mountain Rd, Scottsdale AZ 85266, Jan. 22, 2020

10

DEFINITIONS AND METHODOLOGY

All information presented involved the assembly of data sources that we consider to be reliable, including the Bureau of Labor Statistics, CBRE- EA, Great Schools, Moody’s Analytics, Neustar, Public Record Data, U.S. Bureau of the Census, Zillow, various regional Multiple Listing Service providers, Meyers Research and Zonda. We do not guarantee any data accuracy as all information is subject to human errors, omissions, and/or changes.

AbbreviationsAVG - AverageC - CurrentCBSA - Core Based Statistical AreaCHG - ChangeCM - Current Month E - Estimated

F - ForecastL3M - Last 3 Months LTM - Last 12 MonthsP - PartialYTD - Year To DateYOY - Year Over Year

is a proprietary index that produces a score ranging from 0 to 1,000 for a geographic area, ranging from the nation to a specific zip code. A higher index score captures the desirability of housing development for the selected area and is calculated using specific data sets weighted to interpret the strength of the market. Such metrics include price appreciation, sales activity, permit activity, demographic growth, household income levels, school scores, and affordability.

Meyers Index

measures the walkability of a zip code from 0 - 100 using a patented system based on access to amenities, population density and road metrics. Methodology and full walk score scale can be viewed at https://www.walkscore.com/methodology.shtml.

Walk Score

ABOUT US

Meyers Research combines experienced real estate and technology advisors with leading data to provide our clients with a clear perspective and a strategic path forward. Based in Beverly Hills, we are home to 150 experts in 10 offices across the country.

Get More Out Of ZondaExpand coverage to nearby regions to grow your footprint.

Get More Out Of ServicesDevelop a comprehensive pricing and absorption strategy.

Contact Usmeyersresearchllc.comhello@meyersresearchllc.com(858) 381-4390Score ranges:

0-49 - car dependent area50-69 - somewhat walkable90-100 - daily errands do not require a car.