Cedar View Subdivision No. 2 Hillcrest Dr. 81401 Property Information Packet John Renfrow * Jim Renfrow M b f Renfrow Realty Member of: Rocky Mountain Commercial Brokers www.rmcbrokers.com Page 1
Executive Summary CEDAR VIEW SUBDIVISION Hillcrest Dr. *MONTROSE, Colorado* $995,000 Development Opportunity 26.97 acre MOL subdivision perfect for you to complete development. Filing 1 is platted with 40 residential lots and open space along Hillcrest Dr. Preliminary Plat for Planned Development of 2 outlots contains 103 residential lots. Also included is an additional 7 acres of park which h is complete and maintained i by the City of Montrose. Zoned R-6 Medium Density/Manufactured Housing District in the City of Montrose. Excellent location for residential subdivision, just south of Main Street on Hillcrest Dr. Property is bank owned, sold As-Is, Where-Is with no guarantee, representation, or warranty. Contact John or Jim Renfrow at (970) 249-5001 Page 2
Parcel Map Outlot A Outlot B City of Montrose Park City of Montrose Park Subject Property includes 40 platted lots, 2 open spaces, 2 outlots with preliminary plat for 103 lots and 2 park spaces to be completed and dedicated to the City of Montrose Page 3
Aerial Photo Open Space Open Space 1 2 3 4 5 6 7 107 108 10 09 11 10 114 113 112 111 103 104 105 106 115 116 102 101 100 99 98 97 SOLD 95 Outlot A 128 127 126 Outlot B City of Montrose Park Subject property Page 4
Directions to Property Starting from Renfrow Realty Office at 1832 South Townsend Ave., Montrose, CO 81401 Office number (970) 249-5001 Page 5
Montrose County Assessor Property Account Detail** Account Detail Owner Information Owner Name FIRST NATIONAL BANK OF THE ROCKIES Owner Address 2452 HIGHWAY 6 AND 50 GRAND JUNCTION, CO 81505-1123 Lot # Legal Description Parcel # 2012 Taxes* Sq.Ft. Acres Lot # Legal Description Parcel # 2012 Taxes* Sq.Ft. Acres 1 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 1 S: 26 T: 49 R: 9 3767 262 16 001 $ 291.00 10,602 111 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 111 S: 26 T: 49 R: 9 3767 262 16 024 $ 291.00 6,208 2 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 2 S: 26 T: 49 R: 9 3767 262 16 002 $ 291.00 9,125 112 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 112 S: 26 T: 49 R: 9 3767 262 16 025 $ 291.00 5,600 3 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 3 S: 26 T: 49 R: 9 3767 262 16 003 $ 291.00 8,476 113 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 113 S: 26 T: 49 R: 9 3767 262 16 026 $ 291.00 5,600 4 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 4 S: 26 T: 49 R: 9 3767 262 16 004 $ 291.00 7,328 114 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 114 S: 26 T: 49 R: 9 3767 262 16 027 $ 291.00 5,600 5 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 5 S: 26 T: 49 R: 9 3767 262 16 005 $ 291.00 6,000 115 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 115 S: 26 T: 49 R: 9 3767 262 16 028 $ 291.00 8,273 6 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 6 S: 26 T: 49 R: 9 3767 262 16 006 $ 291.00 6,000 116 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 116 S: 26 T: 49 R: 9 3767 262 16 029 $ 291.00 8,315 7 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 7 S: 26 T: 49 R: 9 3767 262 16 007 $ 291.00 6,000 117 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 117 S: 26 T: 49 R: 9 3767 262 16 030 $ 291.00 6,579 95 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 95 S: 26 T: 49 R: 9 3767 262 16 008 $ 291.00 7,335 118 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 118 S: 26 T: 49 R: 9 3767 262 16 031 $ 291.00 6,357 97 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 97 S: 26 T: 49 R: 9 3767 262 16 010 $ 291.00 6,250 119 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 119 S: 26 T: 49 R: 9 3767 262 16 032 $ 291.00 7,636 98 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 98 S: 26 T: 49 R: 9 3767 262 16 011 $ 291.00 6,250 120 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 120 S: 26 T: 49 R: 9 3767 262 16 033 $ 291.00 8,556 99 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 99 S: 26 T: 49 R: 9 3767 262 16 012 $ 291.00 6,250 121 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 121 S: 26 T: 49 R: 9 3767 262 16 034 $ 291.00 8,588 100 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 100 S: 26 T: 49 R: 9 3767 262 16 013 $ 291.00 6,250 122 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 122 S: 26 T: 49 R: 9 3767 262 16 035 $ 291.00 7,844 101 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 101 S: 26 T: 49 R: 9 3767 262 16 014 $ 291.00 6,250 123 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 123 S: 26 T: 49 R: 9 3767 262 16 036 $ 291.00 7,387 102 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 102 S: 26 T: 49 R: 9 3767 262 16 015 $ 291.00 7,277 124 bd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 124 S: 26 T: 49 R: 9 3767 262 16 037 $ 291.00 7,189 103 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 103 S: 26 T: 49 R: 9 3767 262 16 016 $ 291.00 6,640 125 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 125 S: 26 T: 49 R: 9 3767 262 16 038 $ 291.00 8,527 104 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 104 S: 26 T: 49 R: 9 3767 262 16 017 $ 291.00 6,808 126 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 126 S: 26 T: 49 R: 9 3767 262 16 039 $ 291.00 9,601 105 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 105 S: 26 T: 49 R: 9 3767 262 16 018 $ 291.00 7,544 127 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 127 S: 26 T: 49 R: 9 3767 262 16 040 $ 291.00 6,069 106 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 106 S: 26 T: 49 R: 9 3767 262 16 019 $ 291.00 7,434 128 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 128 S: 26 T: 49 R: 9 3767 262 16 041 $ 291.00 6,756 107 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 107 S: 26 T: 49 R: 9 3767 262 16 020 $ 291.00 5,900 Open Space Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Tract: 1, 2 OPEN SPACE, OPEN SPACE S: 26 T: 49 R: 9 3767 262 16 042 $ 17.16 0.99 108 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 108 S: 26 T: 49 R: 9 3767 262 16 021 $ 291.00 5,848 Outlot A Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 OUTLOT A S: 26 T: 49 R: 9 3767 262 16 043 $ 7,852.56 16.58 109 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 109 S: 26 T: 49 R: 9 3767 262 16 022 $ 291.00 5,973 Outlot B Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 OULOT B S: 26 T: 49 R: 9 3767 262 16 044 $ 1,335.48 2.821 110 Subd: CEDAR VIEW SUBD NO 2 P D FILING NO 1 Lot: 110 S: 26 T: 49 R: 9 3767 262 16 023 $ 291.00 5,981 Total Total Taxes $ 20,845.20 Acres 26.87 *2012 Estimated Taxes **For more information please contact the Montrose County Assessor at (970) 249-3753 Page 6
Map of Vicinity Downtown Montrose Johnson Elementary School Road to Black Canyon National Park (~8 miles) Subject property Black Canyon Golf Course Page 7
City of Montrose Zoning Map Subject property is zoned R-6 Medium Density/Manufactured Housing District in the City of Montrose Zoning Regulations for R-6 are on the following page Contact City of Montrose at (970) 240-1400 for more information Page 8
Zoning Breakdown* R-6 Medium Density/ Manuf. Housing District 4-4-8.7: "R-6" MEDIUM DENSITY / MANUFACTURED HOUSING DISTRICT (A) Intent: The "R-6" Medium Density / Manufactured Housing District is intended to provide a quiet, medium-density development for single family residences and duplexes. Environmental protection is provided by allowing only single family residences and duplexes with certain other compatible land uses. Manufactured housing meeting the performance standards of Subsection (D) below is allowed. (Ord. 2047, 03-17-2005) (B) Uses by Right: (1) Single family homes and duplexes. (Ord. 2047, 03-17-2005) (2) Public utility service facilities. (3) Government buildings and facilities. (4) Parks and recreation facilities owned or operated by a homeowner s association. (5) Accessory uses. (C) Conditional Uses (Ord. 2047, 03-17-2005): (1) Child care facilities which have no more than twelve (12) children present at any time on the premises or which are located upon church premises. (2) Nursing homes for the aged, invalid, ill, or mentally impaired excluding homes for patients with a primary diagnosis of mental illness. (3) Multiple family residences. (4) Bed and breakfast operations operated solely by the residents of a lot of at least seven thousand five hundred (7,500) square feet providing no more than two (2) bedrooms for rent in the dwelling unit, and the only meal provided on the premises shall be breakfast to the renters. (D) Performance Standards: (1) Single family homes must have a minimum floor area of 1,000 square feet, a minimum roof pitch of 3.5:12, a minimum roof overhang of eight inches (8"), a minimum length and width of 20 feet, wood, brick, masonry, stucco or cosmetically equivalent exterior siding, and shall be mounted on a permanent foundation. (Ord. 1831, 02-22-2001). (2) Duplexes must have a minimum floor area of 1000 square feet per dwelling unit, a minimum i roof pitch of f3512 3.5:12, a minimum i roof overhang of eight inches (8 ), a minimum length and width of 20 feet per dwelling unit, wood, brick, masonry, stucco or cosmetically equivalent exterior siding, and shall be mounted on a permanent foundation. (Ord. 2047, 03-17-2005) * Taken from City of Montrose Zoning Regulations Oct. 2008 Page 9
Photographs Page 10
Photographs - Park Page 11
General Information SUBDIVISION SPECIFICS UTILITIES Total Lots 143 Water City of Montrose (970) 240-1400 Platted/buildable lots 40 Lines are run to platted/buildable lots Preliminary Platted* lots 103 Builder will need to pay tap fees Total Acreage - 38.309309 acres Sewer City of Montrose (970) 240-1400 Platted/buildable lots 12.226 acres Lines are run to platted/buildable lots Undeveloped lots - 19.083 acres Builder will need to pay tap fees Park 7 acres Phone Qwest (800) 743-3793 Park is 100% complete Electricity DMEA (970) 249-4572 Maintained by the City of Montrose Lines are run to platted/buildable lots Natural gas SourceGas (800) 563-0012 *Preliminary Plat expires 1/29/2015 Lines are run to platted/buildable lots Irrigation Water Uncompahgre Valley Water Users Association (970) 249-3813 38.7 shares 2012 fees = $1,243.10 Page 12
Final Plat for Cedar View Sub. No. 2 Planned Development Filing 1 Plat of Survey completed by: Mountain West Land Surveying, LLC (970) 252-3555 9/7/2006 Final Plat of Filing 1 40 platted residential lots 2 out lots for further development 1 Tract (landscaping at subdivision entrance on Hillcrest Dr.) Page 13
Preliminary Plat for Cedar View Subd. No. 2 Planned Development Plat of Survey completed by: Mountain West Land Surveying, LLC (970) 252-3555 3/4/2005 Filed 1/29/2010 Expires 1/29/2015 Shows Phase 2 and 3 development Page 14
Documents Available CEDAR VIEW SUBDIVISION CC&RS Reception # 816147 Filed 8/4/2010 GEOTECHNICAL ENGINEERING STUDY & GEOLOGICAL HAZARD STUDY Lambert & Associates April 19, 2000 (907) 249-2202 Page 15
FEMA Flood Plain Map* Subject property *Map taken from FEMA website http://www.fema.gov/ Page 16
Topo Maps Black Canyon National Park Topo 3D Map Topo 2D Map Subject property Page 17
Highway & Road Accesses Subject property Delta (~22 miles), Grand Junction (~62 miles) Gunnison (~65 miles), Crested Butte (~92 miles) Ridgway (~26 miles), Ouray (~40 miles), Telluride (~62 miles) Page 18
Recap Property Total Price per Property Acreage MOL Lots* Listing Price Acre Price per lot Cedar Creek Subdivsion No. 2 26.97 143 $995,000 $36,892.84 $ 6,958.04 Filing 1 is platted with 40 residential lots Preliminary Plat for Planned Development An additional103 residential lots Expires 1/29/2015 7 acre park dedicated to City of Montrose Park is complete and maintained by the City of Montrose Zoned R-6 Medium Density/Manufactured Housing District in the City of Montrose Excellent location for residential or manufactured homes subdivision Property is bank owned, sold As-Is, Where-Is with no guarantee, representation, or warranty. Contact t John or Jim Renfrow at (970) 249-5001 Page 19