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PROPERTY SUMMARY

±217 gross acres of unique development land located within the Blythe city limits. Located on the eastern edge of the Palo Verde Mesa, this property boasts elevated panoramic views of the Valley, the recently built Palo Verde College, and the Blythe Municipal Golf Course. Ideal for residential or resort-oriented development serving both the local demand and second homes for snow birds. Just miles to the hospital, close to Inter-state 10 and only 6 miles to the recreational activities along the Colorado River. Municipal utilities are available and sewer can be extended to the site. The property has paved access to its northeast corner and along Arrowhead Boulevard.

±217 ACRES LANDWEST 4TH AVENUEBLYTHE, CALIFORNIA 92225 www.blythedevelopmentland.com

FOR SALE

Capital Markets | Investment Properties

PROPERTY DETAILS

BLYTHE MUNICIPALGOLF COURSE

PALO VERDE COLLEGE

PRICE: $2,500,000

LOCATION:Close to hospital, Palo Verde College, Blythe Municipal Golf Course and Colorado River

SIZE: ±217 Gross Acres

APNS: 821-200-(12, -13, -14, -26)

ZONING: SPR (Specific Plan Resort)

821-200-012

100 AC

821-200-013

20 AC

821-200-014

60 AC

821-200-026

33.57 AC

821-200-024

4.20 AC

PREVIOUS RESIDENTIAL RENDERING PARCEL ACRERAGE TOPOGRAPHY

Capital Markets | Investment Properties

INVESTMENT HIGHLIGHTS

+ Demand for Medium-Income Housing

Two State run correctional facilities in the area em-

ploy a large number of professionals including

guards, supervisors and other support personnel.

With above average incomes, these employees are

seeking residential opportunities and newer homes

or rental units that are in very limited supply in Bly-

the.

+ Highly Desired Location

Located on the Mesa, adjacent west of the golf

course, this area attracts residents and visitors alike

creating the opportunity to develop a resort-orient-

ed community in an established market area. This

unique property is just miles from the local hospital.

+ Flexible Zoning - SPR (Specific Plan Resort)

Originally only intended for residential develop-

ment, this zoning designation would allow for most

desired uses including:

� Residential Development

� Resort-Oriented Development

� Mixed Use

� Industrial

� Commercial

Capital Markets | Investment Properties

BLYTHE MUNICIPAL GOLF COURSE HIKING BLYTHE BLUE GRASS FESTIVAL CAMPINGPALO VERDE COLLEGE

LOCATION HIGHLIGHTS

Blythe is located 225 miles east of Los Angeles and 150 miles west of Phoenix Arizona. Located at one of the busiest entrance points to California, the City sees more than 8.5 million interstate travelers a year. Blythe enjoys a comfortable California desert climate with winter temperatures averaging 55-75 degrees, and summer temperatures averaging 85-110 degrees.

Blythe is an attractive tourism spot for golfing, hiking, boating, fishing and hunting as it holds six parks, seven campgrounds, an 18-hole golf course and the Colorado River. Blythe also holds the famous Blythe Blue Grass Festival, and is 20 miles from the sought out town of Quartsite, the home of rocks, gems and fossils.

Blythe is an established community offering a wide variety of opportunities with it’s new city college, Palo Verde College, Correctional facilities, and proposed border patrol expansion.

CONTACT US

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any

projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent

investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related

companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

D. MATT MARSCHALL Senior Vice President +1 858 404 7202matt.marschall@cbre.com

Lic. 01035488

Capital Markets | Investment Proper t ies

SITE

SAN DIEGO

PALO VERDE COLLEGE

GOLF COURSEBLYTHE MUNICIPLE

COLORADO RIVER

DOWNTOWN BLYTHE

PHOENIX

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