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 LISTINGRESIDENTIAL DEVELOPMENT OPPORTUNITY

136th ST & VIA LINDA | SCOTTSDALE, ARIZONA

LOCATION Site is located at the Southwest corner of 136th St & Via Linda, Scottsdale,Arizona

NUMBER OF ACRES ±8.5 Gross / ±5.54 Net Useable*

CONCEPTUAL USES 48 Townhome Units | 5.65 DUA (Kimley Horn Concept Plan attached)

4 Additional Conceptual Site Plans attached (from 36-72 Units)

CURRENT ZONING C-O ESL, C-1 ESL / City of Scottsdale(See attached Aerial for Zoning Boundaries)

SUGGESTED PRICE $5,100,000 | $106,250/Conceptual Townhome Unit

SUGGESTED TERMS Cash. 60-day Feasibility Period with a close of escrow 30-days followingRezoning and Site Plan approval with the City of Scottsdale

UTILITIES WaterSewerElectric

City of ScottsdaleCity of ScottsdaleArizona Public Service

CONTACT Grant D. Helgeson, Don McCaulWestland Properties Group

COMMENTS This is an excellent, well-located East Shea Corridor infill parcel adjacentto the Mayo Clinic with Mountain and City Light views. Site is close toschools, shopping, hiking, golf and churches. 2017 Annual Taxesestimated at $43,758 as Vacant Parcels.

* See attached Slope Analysis for approximate Net useable acreage basedon NAOS requirements.

Via Linda

136t

h St

E Via Linda

N 1

36th

St

Con

nect

ing

Roa

d

E Via Linda

N13

6th

St

Imagery ©2017 , DigitalGlobe, U.S. Geological Survey

DEVELOPMENT OPPORTUNITY±8.5 GROSS ACRES | ZONED C-O ESL, C-1 ESL136th ST & VIA LINDASCOTTSDALE, 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, Designated Broker - Direct: (480) 675-5149

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

Via Linda

136t

h St

C-1 ESL

C-O ESL

E Via Linda

N 1

36th

St

Con

nect

ing

Roa

d

E Via Linda

N13

6th

St

Imagery ©2017 , DigitalGlobe, U.S. Geological Survey

DEVELOPMENT OPPORTUNITY±8.5 GROSS ACRES | ZONED C-O ESL, C-1 ESL136th ST & VIA LINDASCOTTSDALE, 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, Designated Broker - Direct: (480) 675-5149

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

Via Linda

136t

h St

Cactus Rd

124t

h St

Mountain View Rd

E Shea Blvd

N Frank Lloyd Wright Blvd

E Via Linda

E Shea Blvd

Mayo Clinic

Whisper Ridge

KCI

BASIS

Mee

Sienna Hills

Beaufort

Azin

Sunrise TrailBerg

Rancho Terrasina

Bahia

Buszmen

Stuart

Ungaro

Welnick

McDowell Mtn

Estates at 128thKCI114 Sweilem

Rios

Reckell

Emerald Hills Ranch

Schwartz

Flynn

Colgen

Ronan

Huerta

Scottsdale

Cochise Manor

Lopeslo

Scottsdale Mtn Villas

FNBN

S Development

Ordjanian

Mirage Crossing

Fulp

Horrocks

PatelCordovana IrvingBidar

Coven DevcorLopopolo

Ziggy Z

Deswest

Sandoval

Mergens

DeAcetis

Feldman

Hamdan

Forum Capital

Reynolds

Imagery ©2017 , DigitalGlobe, U.S. Geological Survey, USDA Farm Service Agency

DEVELOPMENT OPPORTUNITY±8.5 GROSS ACRES | ZONED C-O ESL, C-1 ESL136th ST & VIA LINDASCOTTSDALE, 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, Designated Broker - Direct: (480) 675-5149

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

V I A L I N D A a n d 1 3 6 t h S T R E E TScottsdale, Arizona

Developer: CBR Group, llc.A U G U S T , 1 9 , 2 0 1 3

1Conceptual S i te Pl anConceptual S i te Pl an

S ingle Fa mily At tached

24

68

10

14

16

34

RETENTION 18

2022

24

26

2830

32

RETENTION12

40 3638

0’ 30’ 60’ 120’

GATED

ACCESS

GUEST

PARKING

GUEST

PARKING

COMMUNITY

AMENITY / POOL

SHARED DRIVEWAY

SHARED DRIVEWAY

EMERGENCY

VEHICLE TURN-

AROUND

SCENIC CORRIDOR(MIN. SETBACK)

SCENIC WASH

CORRIDOR

WASH

CORRIDOR

WASH

CORRIDOR

DE

SE

RT

SC

EN

IC R

OA

DW

AY

(40

’ SE

TB

AC

K)

PATH CONNECTION TO

FUTURE VIA LINA SIDEWALK

SIDE WALK

(AVG. SETBACK)

DIMENSIONED BUILDING, TYP.

Buildings set back 150’ from Via Linda centerline to conform to second-story setback requirements.

Westerly wash determined to qualify for modifications--existing flows to be re-routed through site and retained as necessary.

Retention ponds provided for on-site 100-year stormwater retention.

Central wash corridor to remain to the extent possible without disturbance for NAOS, and aesthetic purposes. Some encroachment may be necessary to retain pads for proposed improvements--Further study necessary.

Scenic Corridor wash (SE Corner) to be protected. Buildings shall be set back from the wash’s top of bank--to be determined by COS. Further study necessary.

A.

B.

C.

D.

E.

GENERAL ASSUMPTIONS:

Buildings set back 40’ from eastern property boundary to conform to Desert Scenic Roadway requirements. (Note: Five additional feet may be necessary per previous zoning case.)

Emergency vehicle turn-around provided to ensure units 25-28 are serviceable for first response units.

Centrally-located Community Amenity.

Guest Parking

Approx. 1,500sf Community building: Men’s/Women’s Bathrooms, Central “Great Room”, Storage, etc.

Approx. 75’x25’ pool with infinity-edge toward distant valley views.

F.

G.

H.

•

•

•

Meyers Index Rating

SITE REPORT

11440 N 136th St, Scottsdale AZ 85259, USA

Prepared by Ben Sanchez at Westland Properties Group

ARIZONA

59111440 N 136th St, Scottsdale AZ 85259, USA33.5888N -111.7889W

1

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Parcel Details

2

PARCEL CHARACTERISTICS

APN

21720002ELot Size

338,200 sq ft

Zoning

COMMERCIAL OFFICELot Size

7.76 acres

Land Use

COMMERCIAL ACREAGE

LAST RECORDED CLOSING

Date

Mar. 09, 2014Sale Price

$3,015,000Lot Price per sq ft

$8.91

OWNER INFORMATION

NameKCI 136 INVESTMENTS LLC

Address7339 E EVANS RD #201, SCOTTSDALE AZ, 85260

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Economy

3

Phoenix-Mesa-Scottsdale CBSA Metro Area

JOB GROWTH year-over-year

Feb. 2019 Job Growth:

64,300new jobs

2019 Job Forecast:

69,403new jobs

2015

-230,900

173,175

-173,175

115,450

-115,450

57,725

-57,7250

1999

2011

2020

F19

9520

0719

9120

03

UNEMPLOYMENT RATE

Jan. 2019 Unemployment:

4.4%Unemployment 2019 Forecast:

3.6%

2000

4.0

8.0

12.0

2.0

6.0

10.0

0.0

2020

F19

9020

10

Maricopa County

JOB GROWTHyear-over-year

Feb. 2019 Job Growth:

73,334new jobs

2019 Job Forecast:

66,980new jobs

1995

169,320

-169,320

56,440

-56,440

-225,760

112,880

-112,880

0

2007

1977

1989

2001

2013

2020

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

12,660

8,440

21,100

4,220

16,880

0NRMPBSOMIHGFEHCON

EMPLOYMENT BY SECTOR

Trade, Transport & Utilities (TTU)

19.0%

Professional & Business Services (PBS)

17.3%

Other (O)3.1%

Natural Resource Mining (NRM)

0.1%

Manufacturing (M)6.2%

Information (I)1.8%

Hospitality (H)11.0%

Government (G)10.6%

Finance (F)9.2%

Education & Health (EH)

15.4%

Construction (CON)6.3%

OFFICE ABSORPTION

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Community

4

Zip Code 85259

HOUSEHOLD INCOME

2019E Median Household Incomes:

$112,778

2019E

101,000

113,625

126,250

138,875

63,125

75,750

88,375

2000 2024F

POPULATION BY AGE

2019E Median Age:

50year 2month

85+

3,994.0

998.5

4,992.5

1,997.0

2,995.5

0.0

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

2019E Population Growth:

0.57%2024F Population Growth:

1.31%

2024F

21,620

23,500

25,380

20,680

22,560

24,440

19,7402019E20102000

ETHNICITY

Others1.0%

Two Plus2.5%

American Indian0.5%

Pacific Islander0.1%

Asian5.1%

Black1.3%

White84.3%

Hispanic5.3%

HOUSEHOLD GROWTH

2019E Household Growth:

0.74%2024F Household Growth:

1.34%

2024F

8,460

10,340

8,930

10,810

9,400

7,990

9,870

2019E20102000

SCHOOLS score

Anasazi Elementary School 9/10

Mountainside Middle School 9/10

Scottsdale Unified School District -

Desert Mountain High School 8/10

CRIME RATE per 1,000 people 85259 Arizona

Total Crime Rate:

13.79 34.23Violent Crime Rate:

0.42 5.08Property Rate:

13.37 29.15

WALKABILITY

Walk Score: 18/100

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Supply

5

Maricopa County

PERMITS last twelve months

Feb. 2019 Total Residential Permits:

20,853 Single-family Multifamily

2004

28,830

57,660

14,415

43,245

72,075

020161988 2000 20121984 1996 2008 20181980 1992

NUMBER OF LISTINGS

Feb. 2019 # of Listings:

22,184listings

2019

CM

20,080

22,590

25,100

27,610

21,335

23,845

26,355

2018

2017

2016

2015

2014

2013

DAYS ON MARKET

Jan. 2019 Days on Market:

71days

2014

60

120

75

90

45

105

2019

CM20

10

City of Scottsdale

PERMITS last twelve months

Feb. 2019 Total Residential Permits:

1,099 Single-family Multifamily

2018

2,675

2,140

1,605

1,070

535

0201820172016201520142013201220112010200920082007200620052004

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Supply

6

Sold Out ProjectUpcoming ProjectActive ProjectNEARBY PROJECTS

PROJECTNO BUILDER UNIT SIZE TYPE

Whisper Ridge/Enclave CalAtlantic Homes 2919-3748 Detached1 $727,400 - $923,9351111111111111111111111111111

Rancho Terrasina Toll Brothers 4517-5550 Detached2 $1,079,995 - $1,189,995222222222222222222222222222222222222222222222

Whisper Ridge CalAtlantic Homes 2195-4625 Detached3 $889,900 - $1,317,76133333333333333333333333333333333333333333333333333

Fusion at Sunrise Trail K. Hovnanian Homes 1935-4024 Detached4 $529,990 - $740,9904444444444444444444444444444444444444444444444444444

Sienna Hills Scottsdale Blandford Homes 3719-5245 Detached5 $950,900 - $1,075,90055555555555555555555555555555555555555555555

PRICE RANGE

Montacino McDowell Mountain Dick Lloyd Homes 2421-3039 Detached6 -6666666666666666666666666666666666666666666666666

Sienna Hills/Ph 2 Blandford Homes - Detached7 -7777777777777777777777777

Adero Canyon Toll Brothers 2994-4737 Detached8 $924,995 - $1,164,995888888888888888888888888888888888888888888888888888

Adero Canyon/TH (Ph II) Toll Brothers 1800-3000 Attached9 -99999999999999999999999999

Adero Canyon/60s (Ph II) Toll Brothers 2400-3000 Attached10 -10101011010101010101010101001000100101001000

Adero Canyon/100s (Ph II) Toll Brothers 3200-4700 Detached11 -111111111111111111111111111111111111111111

Summit at Crestview Mandalay Homes 2665-4115 Detached12 $642,725 - $956,2681212121212121211212121222121212121221212212121212122121221221212122122222122222121

Adero Villas Camelot Homes 2552-2745 Attached13 $778,900 - $783,9001313131313131313131313313313131313131313131333313333331333133313331133

Overlook at Firerock Toll Brothers 1669-3613 Attached14 $621,995 - $772,955141414144141414141414141414141414141414141414144414414414444444414444444444414444414

Enclave at Fountain Hills Golden Heritage Homes 1505-1847 Attached15 $322,900 - $409,90015151515151515151515151555151515151515151515155151515151515151555515551555151511551555

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Sales

7

Maricopa County

Total Home Closings last twelve months

Feb. 2019 Total Home Closings:

112,448Feb. 2019 Total Existing Closings:

97,973Feb. 2019 Total New Closings:

14,475

2010

46,470

92,940

139,410

185,880

232,350

02008 2019LTM20062004 20162002 20142000 2012

Tota

l Hom

e Sa

les

City of Scottsdale

Total Home Closings last twelve months

Feb. 2019 Total Home Closings:

10,272Feb. 2019 Total Existing Closings:

9,750Feb. 2019 Total New Closings:

522

2010

12,870

8,580

21,450

4,290

17,160

02008 2019LTM20062004 20162002 20142000 2012

Tota

l Hom

e Sa

les

85259 Zip Code

Total Home Closings last twelve months

Feb. 2019 Total Home Closings:

645Feb. 2019 Total Existing Closings:

619Feb. 2019 Total New Closings:

26

2010

1,460

365

1,825

730

1,095

02008 2019LTM20062004 20162002 20142000 2012

Tota

l Hom

e Sa

les

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Prices

8

City Of Scottsdale

CLOSING HOME PRICE

Feb. 2019 Median Detached New:

$702,441Feb. 2019 Median Detached Existing:

$549,940

2010

1,320,960

1,100,800

880,640

660,480

440,320

220,160

02008 2019LTM20062004 20162002 20142000 2012

85259 Zip Code

CLOSING HOME PRICE

Feb. 2019 Median SFD New:

$1,006,618Feb. 2019 Median SFD Existing:

$655,250

2010

437,000

874,000

1,311,000

218,500

655,500

1,092,500

1,529,500

2008 2019LTM20062004 20162002 20142000 2012

DETACHED AFFORDABILITY

New Existing

2011

60

15

75

30

45

0

2016

2006

2018

CLOSINGS BY PRICE RANGE last twelve months

New Existing

1.3M-3.

4M

200

120

40

160

80

0

1.2M-1.

3M

1M-1.

2M

840K

-1M

680K

-840K

520K

-680K

360K

-520K

200K

-360K

40K-20

0K

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019 Distress

9

City of Scottsdale

HOUSING TRANSACTION VOLUME BY TYPE last twelve months

New Existing Foreclosure Sale Foreclosure NOD

2019LTM

4,960

9,920

2,480

7,440

12,400

02018201720162015

NOTICES OF DEFAULT & FORECLOSURES last twelve months

Feb. 2019 Total Foreclosures:

117Feb. 2019 Notices of Default:

991

2010

8,225

6,580

4,935

3,290

1,645

02008 2019LTM20062004 20162002 20142000 2012

85259 Zip Code

NOTICES OF DEFAULT & FORECLOSURES last twelve months

Feb. 2019 Total Foreclosures:

13Feb. 2019 Notices of Default:

97

2010

575

460

345

230

115

02008 2019LTM20062004 20162002 20142000 2012

11440 N 136th St, Scottsdale AZ 85259, USA, Apr. 02, 2019

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, Nielsen Claritas, Public Record Data, Moody’s Analytics, Great Schools, 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.