14 LOT SUBDIVISION FINAL MAP READY TO PULL

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1 New Home Comparables of $550,000-$600,000 Lot Size Range Approx. 10,000-15,000 SF 4.33 Acres Grading & Improvement Plans Complete SALE PRICE: $1,595,000 $1,350,000 Lindo Lake Park Lakeside Middle School River Valley High School Lemon Crest Elementary Winter Gardens Blvd Rockcrest Rd SUBJECT PROPERTY SIngle Oak Dr Los Coches Rd N Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

2 PAGE CONTENT 3 AERIALS 5 LOCATION MAP 6 PROPERTY INFO 7 DEVELOPMENT IMPACT FEES 8 TENTATIVE MAP 10 PARCEL MAP 11 COMPARABLE HOME SALES Single Oak Dr SUBJECT PROPERTY Rockcrest Rd No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice. Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

3 Lindo Lake Park AERIALS Lakeside Village Shopping Center Woodside Ave Los Coches Rd Single Oak Dr Lemon Crest Elementary Winter Gardens Blvd SUBJECT PROPERTY River View Park Rockcrest Rd Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

4 AERIALS Lemon Crest Dr Single Oak Dr Janet Ln SUBJECT PROPERTY Rockcrest Rd Single Oak Dr Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

5 LOCATION MAP SUBJECT PROPERTY CACTUS COUNTY PARK LAKE JENNINGS PARK ROCKCREST RD LOS COCHES RD SHADOW HILLS PARK WINTER GARDENS RD 78 A Ave N Winter Gardens Blvd SAN DIEGO COUTNRY ESTATES Lemon Crest Dr Knoll Crest Pl Rockcrest Dr Single Oak Dr SUBJECT PROPERTY Cimbria Way Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

6 PROJECT INFO PROPERTY FEATURES LOCATION: The property is located in the County of San Diego, California in the village of Lakeside approximately 3/4 of a mile from CA Highway 67 on the northeast corner of Single Oak Drive and Rockcrest Road. Located within 1/4 of a mile of a neighborhood shopping center, the site is well positioned for a residential development in an area of the county in need of urban renewal. JURISDICTION: County of San Diego APN: , 31, 32 & 33 ACREAGE: LOT SIZES: 4.33 Acres (Source: County of San Diego) 10,000-15,000 SF PROJECT STATUS: TOPOGRAPHY: ZONING: GENERAL PLAN: Tentative approval for a 14 lot subdivision. # Final map is ready to pull. Owner will pay $14,000 in fees remaining for final map. Buyer can avoid $300,000 in improvement costs by going straight to construction upon pulling final map. Gentle Rolling Slope RS (Single Family Residential) - 10,000 Min. Lot Size VR- 4.3 (Village Residential) DU s per acre SERVICES: School Lakeside Union School District Water Lakeside Water District Sewer San Diego County Wastewater Electricity/Natural Gas San Diego Gas & Electric Fire Lakeside Fire Protection District Police San Diego County Police Dept. CLICK TO VIEW DOCUMENT LINKS ZONING CODE GENERAL PLAN - LAND USE ELEMENT TVD, INC. ESTIMATE GRADING PLANS IMPROVEMENT PLANS IMPROVEMENT COSTS: $71,430 per lot (assumes $300,000 savings from County engineer numbers which has been verified by two contractors and our engineer Darcy Jones as feasible) IMPACT FEES: $27,409 per lot SALE PRICE: $1,350,000 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

7 DEVELOPMENT IMPACT FEES Estimated Development Impact Fees Per Approximate 2,500 SF Single Family Residence Item Amount School Fees ($3.20/SF) $ 8,000 Park Fees $ 4,015 Water Connection Fees (3/4" Meters) $ 9,085 Sewer Fees* $ 2,336 RTCIP & Traffic Impact Fees $ 3,973 TOTAL PER SFR $ 27,409 *Note: Includes 1st annual tax bill sewer payment of $336/year. Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

8 CLICK HERE TO VIEW TENTATIVE TRACT MAP TENTATIVE MAP Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

9 TENTATIVE MAP Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

10 PARCEL MAP PATRICK MILLER Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

11 COMPARABLE HOME SALES Green Hills in Lakeside, by Michael Gregory Builders, is the comparable project. 28 of the 31-lot project have sold. The average lot size is approximately 9,000 sq ft. Tax rate is 1.15% with a $152 per month HOA. The four plan types are as follows: Plan 1: 2,014 SF = Sold Out Plan 2: 2,420 SF = $539,900 (2 remaining) Plan 3: 2,923 SF = $555,900 (1 remaining) Plan 4: 3,234 SF = $599,900 (Sold Out) CLICK HERE TO VIEW WEBSITE FOR GREEN HILLS Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

12 For More Information, Please Contact: Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F: