urquoise rail orth SANTA FE COUNTY, NEW MEXICON
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- Scot Newman
- 5 years ago
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1 SAA FE COUY, EW MEXICO CBRE LAD SERVICES GROUP Michael Schiffer revor Hatchell First Vice President First Vice President Amanda Velarde Client Services Specialist ± ACRES :: EQ OF M HWY 14 & HWY 599 $2,500,000
2 M HWY 14 & HWY 599 :: SAA FE COUY, M ABLE OF COES Disclaimer 3 he Offering 4 Investment Highlights 5 Survey 6 Site Plan 7 he Location 8-10, M Demographics 15 2
3 M HWY 14 & HWY 599 :: SAA FE COUY, M DISCLAIMER Presented By: CBRE Land Services Group his Offering Memorandum was prepared in October 2012, by CBRE, Inc. ( Broker ) solely for the use of prospective purchasers of the real property commonly known as the property (the Property ). either the Broker nor the owners of the Property ( Owner ) makes any representation or warranty, express or implied, as to the completeness or the accuracy of the material contained in the Offering Memorandum. Michael Schiffer First Vice President michael.schiffer@cbre.com revor Hatchell First Vice President trevor.hatchell@cbre.com Amanda Velarde Client Services Specialist amanda.velarde@cbre.com We obtained the information within this Offering Memorandum from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. 3
4 M HWY 14 & HWY 599 :: SAA FE COUY, M HE OFFERIG urquoise rail is located just South of beautiful, historic, M. he offering includes ± Acres north of urquoise rail South (Phase I). Property includes 290 platted residential lots and 1.4 acres for commercial development. his master planned opportunity is a masterfully planned new home community surrounded by acres of parks and walking trails, beautiful scenic Southwestern landscape and convenient access to shopping, employers and schools. he community will offer quick access to the Rail Runner and Interstate 25 for a perfect blend of serine, quiet Southwestern living and quick access to surrounding city amenities. urquoise rail South (Phase I) of the community has already been developed including 185 homesites, 4 parks, walking trails, several picnic areas, children s playground equipment and gazebo. HE PROJEC LOCAIO: urquoise rail orth is located on the South side of ew Mexico Road 14, north of ew Mexico Road 599 and south of I-25 County, ew Mexico SIZE: ± Acres including 1.4 acres at entrance of development for commercial EILED LOS: 290 platted residential lots ZOIG: Entitled and approved master plan residential/commercial UILIIES: All offsite utility extensions and infrastructure is complete, utilities provided by City of. he City of Water authority has confirmed water rights are available for the development. he sales price includes those water rights necessary for the development of urquoise rail orth. PRICE: $2,500,000 PROJEC AMEIIES: Walking Distance to Rail Runner Extensive, Scenic walking trails 4 DEVELOPME SAUS: urquoise rail orth is an entitled and approved master plan with engineering complete. he entitlement includes a favorable affordable housing requirement of 15% that pre-dates the current Santa Fe County requirement of 30%.
5 M HWY 14 & HWY 599 :: SAA FE COUY, M IVESME HIGHLIGHS his offering includes the developer s remaining inventory of residential lots, comprised of 290 individual home sites on and 1.4 acres for commercial development located at the entrance of the development. Access to Utilities- Off site infrastructure is complete with utility extensions. he City of Water authority has confirmed water rights are available for the development. he sales price includes those water rights necessary for the development of urquoise rail orth. Master-Planned Opportunity- otal approved density is 2.9± units per acre including acres of open space. he development plan includes 178 residential lots for detached homes that are typically 40 X 100 or 38 X 80 and multiple parcels that are designed for development with 38 duplex and triplex (attached housing) buildings. he attached housing (112 homes) will be legally declared as part of the condominium regime and includes 12 live work units. Affordable Housing- urquoise rail orth is subject to an affordable housing agreement with County that requires 43 homes (15%) be provided at an average sale price of $134,334. he specific lots and condominium units are specified in the agreement and mixed throughout the development. 5
6 M HWY 14 & HWY 599 :: SAA FE COUY, M SURVEY urquoise rail South 6
7 M HWY 14 & HWY 599 :: SAA FE COUY, M SIE PLA 7
8 M HWY 14 & HWY 599 :: SAA FE COUY, M LOCAIO 8
9 M HWY 14 & HWY 599 :: SAA FE COUY, M LOCAIO LOCAIO FEAURES Ideally located off Hwy 14 (Cerrillos Rd), north of Hwy 599, County, M. Just south of I-25. Easy access to or /Rio Rancho via I Minutes 4.34 Miles to major retail Supercenter and Mall 9
10 M HWY 14 & HWY 599 :: SAA FE COUY, M CIY OF SAA FE Las Campanas CIY OF SAA FE Christo Rey Church Bataan Museum St. John's College Center for Contemporary Arts Children's Museum Museum Hill Christus St. Vincent's Hospital University of Art & Design Rodeo Grounds Genoveva Chavez Community Center Place Mall Community College Chamber of Commerce / Outlets o Marty Sanchez Links de Golf Course Relief Rte Country Club Airport Rd 14 County Road 62 Cerrillos Rd EXI 278 CERILLOS RD Zafarano Dr 12 Veterans Memorial Hwy River S Richards Ave Richards Ave W Alameda St Siler Rd Monica Lucero Park Ave de Las Campana Maez Rd Camino Carlos Rey Agua Fria St Gen Franklin E Miles Park Yucca St Ragle Park Ortiz Doggie) Park Camino de Las CrucitasAlamo Dr 2nd St Saint Michaels Dr Siringo Rd Cerrillos Rd W Zia Rd Camino Alire Baca St Pacheco St S Saint Francis Dr Guadalupe St Don Diego Ave Alta Vista St Botulph Rd Rodeo Rd 8 EXI 284 S FRACIS DR E Rd E Cordova Rd Hospital E San Mateo Rd W Zia Rd o aos, Opera and Old aos Hwy Fort Marcy Ball Park Downtown 1 Camino Corrales Canyon Rd 2 Acequia Madre Garcia St Old rl Camino Lejo Old rl Bishops Lodge Rd E Palace Ave 7 E Zia Rd EXI 284 OLD RAIL Artist Rd / Hyde Park Rd Camino del Monte Sol Quail Run Golf Course Old rl Gonzales Rd Camino Cabra Camino de Cruz Blanca 3 o Ski and Dale Ball rails o Upper Canyon Rd, RD-Audubon Center and Dale Ball rails o Dale Ball rails 10 o El Rancho de las Golondrinas o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o 14 urquoise rail o Las Vegas, M and Eldorado
11 M HWY 14 & HWY 599 :: SAA FE COUY, M SAA FE OVERVIEW ( Holy Faith in Spanish), the capitol of ew Mexico, was founded in 1607 by Spanish explorers and is the oldest capitol city in America. estled in the foothills of the Sangre de Cristo Mountains (the southern end of the Rocky Mountains) is also the highest capitol city at 7,000 feet. oday it is an internationally known tourist destination renowned for its culture, art and traditions. It is consistently ranked among America s top 10 tourist destinations with more than 5,700 hotel, spa and inn rooms, plus more than 200 restaurants and 250 art galleries. is also admired by its visitors for its beautiful landscape, vibrant colors and playful atmosphere. It is a city that takes hold of all the senses and immerses mind and body in it s incredible ambiance. enjoys four distinct seasons, however with 300 days of sunshine there is no off-season for outdoor activities. s ambience is unique and is a result of its long and rich history. It has been designated as an international UESCO Creative City under the category of Crafts and Folk Art, and after one visit it is not difficult to see why. he Indian, Hispanic and Anglo tri-cultural base, the renowned unique earth-tone, pueblo-style Adobe architecture, and the many galleries and art venues make this city well-known and respected for its authentic creative style. is also the third largest art market in the country. More art is sold in than any other city in America except ew York and Los Angeles. s tourism appeal is year round, with a seemingly endless stream of festivals and events in the summer, and the city s year-round art, shopping, cultural and culinary attractions are enhanced by nearby skiing in the winter. he City hosts about 1.5 million tourists annually, with hundreds of thousands of additional uncounted day visitors from nearby cities like. centrally located in northern ew Mexico. It is about 55 miles north of and 380 miles south of Denver, and is connected to both by the I-25 interstate freeway. Santa Fe has a local commuter airport, but most air needs are provided through the large and efficient Sunport International Airport. 11
12 M HWY 14 & HWY 599 :: SAA FE COUY, M 12 SAA FE OVERVIEW o Window SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE SAA FE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE ESUQUE GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA GLORIEA 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13 M HWY 14 & HWY 599 :: SAA FE COUY, M SAA FE OVERVIEW DOWOW SAA FE 13
14 M HWY 14 & HWY 599 :: SAA FE COUY, M SAA FE ECOOMIC & DEMOGRAPHIC OVERVIEW Much like s culture, the economy is vibrant and strong. he economy has been traditionally centered around tourism and state government employment. However, due to it s proximity to Los Alamos ational Laboratories, about 45 minutes away, also has strong ties with the science and technology field. he Institute (SFI) and he ational Center of Genome Resources (CGR) were founded in to research complex systems in the physical, biological, economic, mathematic, computing and political sciences. In addition, is home to the Info Mesa which is a collaboration among several technology companies with the goal of commercializing technologies from LAL, SFI and CGR. In addition to a diverse industry base, a stable workforce with skilled and flexible employees supports the economy. he workforce is made up of residents as well as employees from cities and towns from a 60 mile radius around the city. Commuter employees come from, County, Rio Arriba County, Los Alamos County, Sandoval County and San Miguel County. he local and commuter employee pool ensures depth and variance in talent and skill. In 2007, wage and salary jobs in the private sector employed 47,000 in County and the public sector employed nearly 19,000. LARGES EMPLOYME SECORS ICLUDE: Government (, Federal, Local) 18,700 (28%) Accommodations/Food Services 8,300 (13%) Retail 8,200 (12%) Healthcare/Social Assistance 7,300 (11%) Construction 4,800 (7%) 14
15 M HWY 14 & HWY 599 :: SAA FE COUY, M SAA FE ECOOMIC & DEMOGRAPHIC OVERVIEW 2012 Estimated Demographics MSA Population 147, Projected Population 156,543 Growth % Growth % 2012 Estimated hold Info MSA Median Age holds 63, Projected holds 68,451 Growth % Average hold Size 2.27 Median hold Income $51, Projected hold Income $52,952 umber of Housing Units 73, Average Home Value $364,447
16 SAA FE COUY, EW MEXICO ± ACRES :: EQ OF M HWY 14 & HWY CBRE LAD SERVICES GROUP Michael Schiffer revor Hatchell First Vice President First Vice President michael.schffer@cbre.com trevor.hatchell@cbre.com Amanda Velarde Client Services Specialist amanda.velarde@cbre.com
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