520± Acre. Las Aldeas Farm. Imperial Valley, CA. agribusiness solutions team. Curtis Buono CA Lic.

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Sybil Gilbert
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#1894905 Matt Davis 858.334.4026 matt.davis@cushwake.com CA Lic.

1 520± Acre Las Aldeas Farm Imperial Valley, CA agribusiness solutions team Curtis Buono CA Lic. # Matt Davis CA Lic. # Terry Jackson CA Lic. #

Executive Summary This farm offering consists of 520.13± acres (per assessor) in California s fertile Imperial Valley. With approximately 461.

2 Executive Summary This farm offering consists of ± acres (per assessor) in California s fertile Imperial Valley. With approximately ± net farmable acres demised into 6 contiguous fields, this offering benefits from soils that are majority Class II, ample irrigation water provided via the Imperial Irrigation District (IID), concrete ditches, and tile and box drainage leading to associated IID drainage ditches. An approved Tentative Tract Map is in place and this property represents a 1,760 paper lot portion of the approved Las Aldeas Specific Plan. The land is adjacent to the City of Imperial and both within and adjacent to the City of El Centro. 1 Las Aldeas

Property Information LOCATION IID Evergreen Canal 23, 23A, 24 and Lotus Canal 17 West side of La Brucherie Road between Cruickshank Drive and Villa Avenue El Centro, Imperial County, CA APN

3 Property Information LOCATION IID Evergreen Canal 23, 23A, 24 and Lotus Canal 17 West side of La Brucherie Road between Cruickshank Drive and Villa Avenue El Centro, Imperial County, CA APN (014, 026), (024, 025) SIZE ± Gross Acres (per Assessor) ± Net Farmable Acres (per IID) PRICE $7,801,950 ($15,000 per acre) WATER Imperial Irrigation District - Colorado River surface rights IRRIGATION Irrigation water is delivered via the IID Evergreen Canal 23, 23A, 24 and Lotus Canal 17. Water is conveyed from these IID gates to interior concrete ditch with smaller gates for field delivery. SOILS Soils comprise a majority of desirable Class II and III soils, with very limited 114. See Summary of Soils on page 3. FARM HISTORY The property is currently tenant farmed and is largely planted to alfalfa for seed production. Historical plantings include forage crops and sugar beets. LEASE The farm is leased to a local farmer on a short-term basis. ZONING APN (024, 025) are zoned A-2-U (General Agriculture with an Urban Area overlay zone) by Imperial County and APN (014, 026) are zoned R1 (Single-Family Residential) by the City of El Centro. Las Aldeas 2

soils map SUMMARY OF SOILS No. Soil Type Class Approx. Acreage Approx. % 106 Glenbar clay loam, wet 2 42.8 8.3% 110 Holtville silty clay, wet 2 252.2 48.9% 114 Imperial silty clay, wet 3 26.1 5.

4 soils map SUMMARY OF SOILS No. Soil Type Class Approx. Acreage Approx. % 106 Glenbar clay loam, wet % 110 Holtville silty clay, wet % 114 Imperial silty clay, wet % 115 Imperial-Glenbar silty clay loams, wet, 0 to 2 percent slopes % 122 Meloland very fine sandy loam,wet % 145 Water % Totals for Area of Interest % 3 Las Aldeas

5 Development Potential An approved Tentative Tract Map is in place that expires July 28, 2018, with up to three extensions available. The subject land represents a 1,760 paper lot portion of the approved Las Aldeas Specific Plan and would include all of the development s commercial land. The subject is adjacent to the City of Imperial s Sandlewood Glen neighborhood to the north and both within and adjacent to the City of El Centro and the Walmart Super Center to the east. Las Aldeas 4

6 Irrigation water map CENTRAL DRAIN CENTRAL MAIN CANAL LOTUS DRAIN DAHLIA DRAIN EVERGREEN 24 EVERGREEN CANAL EVERGREEN 23A EVERGREEN 23 LOTUS 17 LOTUS CANAL 5 Las Aldeas

#1894905 Matt Davis 858.334.4026 matt.davis@cushwake.com Lic. #1758818 Terry Jackson 858.558.5685 terry.jackson@cushwake.

7 520± Acre Las Aldeas Farm Imperial Valley, CA PRICE: $7,801,950 ($15,000 PER ACRE) DO NOT ENTER THE SUBJECT PROPERTY. TOURS MUST BE COORDINATED THROUGH CUSHMAN & WAKEFIELD. Curtis Buono Lic. # Matt Davis Lic. # Terry Jackson Lic. # agribusiness solutions team cushman & Wakefield of san diego, inc executive drive, 9th floor, san diego, ca Lic. #

EAST VALLEY PARKWAY FOR SALE - RESIDENTIAL DEVELOPMENT OPPORTUNITY 3141 E. VALLEY PARKWAY ESCONDIDO, CA ACRE SITE $1,100,000

EAST VALLEY PARKWAY FOR SALE - RESIDENTIAL DEVELOPMENT OPPORTUNITY 3141 E. VALLEY PARKWAY ESCONDIDO, CA ACRE SITE $1,100,000 3141 E. VALLEY PARKWAY ESCONDIDO, CA 92027-5219 3.31 ACRE SITE $1,100,000 OFFERING HIGHLIGHTS Valley High School Residential Development Opportunity Close to Frances Ryan Park & Multiple Schools Settled