LAND FOR SALE SUBDIVISION LAND: SFR DEVELOPMENT LAND OF ±100 HOMES Ave 13 1/2, Madera, CA PROPERTY FEATURES

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1 SALE PRICE: $1,795,000 PRICE PER LOT: $18,505 PRICE PER SF: $2.35 LOT SIZE: Acres APN #: & -019 ZONING: PUD 6,000 R-1 Residential MARKET: City Of Madera PROPERTY FEATURES Shovel-ready Single Family Development with Utilities at Site Flexible Site Layout in Residential Zone Convenient and Close Highway Access Regional Retail Developments just minutes away Prime Development Location near Convenient Intersections Easy Access & Multiple Entrances/Exits Located Between Elementary and High Schools Situated Near Existing Newer Housing Developments Near Major Corridors servicing College, Airport, Downtown, & Schools SUB MARKET: Southeast Madera Submarket CROSS STREETS: Road 28

2 PROPERTY OVERVIEW ±17.48 Acre (±761,428 SF) vacant land which has been annexed into the city of Madera for single family residential. Excellent location across from the recently completed KB Homes tract. As part of the recent 100+ acre annexation, this is the closest parcel to existing city development. All utilities are present including power, city water, & city sewer. Previous preliminary tract drawings had 6,000 SF lots with 97 homes. Excellent access, roads have adequate capacity, is within the holding capacity, conforms to policies, avoids traffic congestion, and is shovel ready. Off Major Corridors servicing College, Airport, Downtown, & Schools. Site has 1,129 ft of Road 28 frontage and is 627 ft deep. LOCATION OVERVIEW Located off the southeast corner of Avenue 13 1/2 and Road 28 near State Highway 99 off/on ramps, north of Avenue 13, east of Knox Street, south of Olive Avenue, and west of Road 28 1/2. Centrally located on the growing side of Madera County across from newer subdivisions and nearby various retail developments. Parkwood and Sierra Vista Elementary School, Gould Educational Center School, and Madera Community College Center within close distance. CITY OVERVIEW The Central Valley will be one of the fastest growing areas in the nation with Madera being the forerunner. Four major retail centers planned in the area, and approved Destination Casino off CA-99 is breaking ground. Madera is a beautiful and growing town located in the original California wine country in the heart of the Central Valley just 10.2 miles north of Fresno and 25 miles south of Merced. Madera's population in 2010 was 61,416, up from 43,207 in 2000 and 154,998 people in the metro of Madera County. REGIONAL OVERVIEW Madera is positioned on Hwy 99, the central thoroughfare of the San Joaquin Valley, extending north to I-5 through San Francisco/Sacramento and extending south to I-5 through Los Angeles. Known as the gateway to Yosemite National Park, it is within a 1 hour drive, the Central Coast and Bay

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7 28190 Ave 13 1/2

8 POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 6,347 71, ,779 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 1,430 18,906 27,239 # OF PERSONS PER HH AVERAGE HH INCOME $41,955 $49,727 $56,521 AVERAGE HOUSE VALUE $296,445 $319,103 $328,419 RACE 1 MILE 5 MILES 10 MILES % WHITE 80.8% 79.3% 79.1% % BLACK 3.5% 3.4% 3.4% % ASIAN 1.0% 1.7% 1.9% % HAWAIIAN 0.0% 0.1% 0.1% % INDIAN 0.4% 1.1% 1.3% % OTHER 12.9% 12.0% 11.7% ETHNICITY 1 MILE 5 MILES 10 MILES % HISPANIC 83.9% 75.7% 70.9% * Demographic data derived from 2010 US Census

9 1 MILE 5 MILES 10 MILES Total households 1,430 18,906 27,239 Total persons per hh Average hh income $41,955 $49,727 $56,521 Average house value $296,445 $319,103 $328,419 1 MILE 5 MILES 10 MILES Total population 6,347 71, ,779 Median age Median age (male) Median age (female) MILE 5 MILES 10 MILES Total population - White 5,129 56,859 80,524 % White 80.8% 79.3% 79.1% Total population - Black 225 2,409 3,417 % Black 3.5% 3.4% 3.4% Total population - Asian 63 1,219 1,921 % Asian 1.0% 1.7% 1.9% Total population - Hawaiian % Hawaiian 0.0% 0.1% 0.1% Total population - Indian ,339 % Indian 0.4% 1.1% 1.3% Total population - Other 817 8,604 11,945 % Other 12.9% 12.0% 11.7% 1 MILE 5 MILES 10 MILES Total population - Hispanic 5,322 54,298 72,152 % Hispanic 83.9% 75.7% 70.9% * Demographic data derived from 2010 US Census