TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

TBD 6700 Rd & E. Miami Rd Montrose, Colorado 81401

Residential Development Property Information Packet

John Renfrow * Joey Huskey Renfrow Realty Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Member of:

www.RMCBrokers.com

Page 1

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Executive Summary

A DEVELOPER’S DREAM Property TBD 6700 Rd & E Miami Rd

Property Property Acreage (MOL) Sq.Ft. (MOL) Listing Price Price per Acre 40.00

1,742,400

$550,000

$13,750.00

Price per Sq.Ft. $0.32

TBD 6700 Rd & E. Miami Rd Montrose, Colorado MLS# 698804

$550,000 Residential Development Opportunity 40-acre (MOL) parcel for development. Annexed and Zoned R-2 & R-3 within the City of Montrose. Site Plan includes 82 Multi-Family units, 61 Single Family units, parks and landscaping plan. Cedar Creek flows year round through the property. 36.1 shares UVWUA irrigation water. Beautiful views of the San Juan Range. Excellent location for residential subdivision.

Contact John Renfrow or Joey Huskey at (970) 249-5001 Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

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TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Aerial Photo

Subject property Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 3

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Directions to Property

• Starting from Renfrow Realty Office at 1832 South Townsend Ave., Montrose, CO 81401 • Office number (970) 249-5001 Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 4

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Photographs VIEWS! VIEWS! VIEWS!

Columbine East subdivision to the South

Ironhorse subdivision to the North

Cedar Creek Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 5

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Montrose County Assessor Property Account Detail* Account Detail

Account: R0012011 Legal Description

Owner Information Version End MAX

Owner Name S W COLORADO LAND ONE LLC

Parcel Number 3767-261-00-059 Tax Area Id - 001150

Estimated Tax Information 2016

Situs Address $424.36

City MONTROSE Legal Summary S: 26 T: 49 R: 9 SENE; LESS ROAD DEDICATION RECPT #858263 (14)

Assessment Information Actual (2016)

$23,550

Assessed Tax Area: 001150 Type Land

$6,830 Mill Levy: 62.134 Actual

Assessed

$23,550

$6,830

Acres 37.320

SQFT

Units

0.0

0.0

Acreage is 39.985 according to Zoning Map *For more information please contact the Montrose County Assessor at (970) 249-3753

Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 6

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Zoning

R-3

Subject property is zoned R-2 and R-3 in the City of Montrose • Zoning Regulations for both zones are on the following pages • Contact City of Montrose at (970) 240-1400 for more information Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 7

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Zoning Breakdown* – “R-2” Low Density District 4-4-6: "R-2" LOW DENSITY DISTRICT (A) Intent: The “R-2" Low Density District is intended to provide a quiet, low density development for single family residences. Environmental protection is provided by allowing only single family residences along with certain other compatible land uses. (B) Uses by Right: (1) Single family homes. (2) Public utility service facilities. (3) Government buildings and facilities. (4) Parks and recreation facilities owned or operated by a homeowners’ association. (5) Accessory uses. (C) Conditional Uses: Churches.

Zoning Breakdown* – “R-3” Medium Density District 4-4-7: "R-3" MEDIUM DENSITY DISTRICT (A) Intent: The “R-3" Medium Density District is intended to provide an area which is suitable for single family homes and duplexes. The District provides for other uses which are compatible with such uses. (B) Uses by Right: (1) Single family homes and duplexes. (2) Public utility service facilities. (3) Government buildings and facilities. (4) Parks and recreation facilities owned or operated by a homeowners’ association. (5) Churches. (6) Accessory uses. (C) Conditional Uses: (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 six thousand two hundred fifty (6,250) 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. (Ord. 1391, 3-2-89)

* Taken from City of Montrose Zoning Regulations Oct. 2008

Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 8

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Plat

Mountain West Land Surveying, LLC • (970) 252-3555 • December 29, 2004

Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 9

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Agreement and Declaration of Covenants

Covenants • Filed with Montrose County • Reception # 858263 • August 18, 2014

Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 10

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Zoning Map Developable Ground & Off-Site Development Costs 7.4 Acres MOL Creek Bed / Open Space ESTIMATED OFF-SITE DEVELOPMENT COSTS Sewer

$

Bridge Improvements Half-Street Improvements

$ $

- Paid for at time of annexation 100,000 + design and cost estimate 260,000 6700 Rd. and Miami Rd. (2.7 acres MOL land) $360,000 MOL

Del-Mont Consultants, Inc. • (970) 249-2251 • May 30, 2007

Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 11

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Utilities Information* • Water – City of Montrose (970) 240-1400 • Sewer – City of Montrose (970) 240-1400

• Phone – CenturyLink (800) 743-3793 • Electricity – DMEA (970) 249-4572 • Natural gas – Black Hills Energy (800) 563-0012 • Irrigation water – Uncompahgre Valley Water Users Association (970) 249-3813

Water & Sewer Map

• 36.1 shares

*All utilities are located near property.

Subject property Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com

Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 12

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Wetlands Delineation*

*Complete report available upon request. Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 13

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Executed Agreement with Neighboring Property Owners*

See page 15

Completed

*These two pages only show the developer’s agreement; complete agreement available upon request. Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 14

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Nations Property Site Plan Option 9 (as referenced in Agreement with neighboring property owners, dated May 8, 2007) • 82 R-3 Multi Family units • 61 R-2 Single Family units • 143 Total Units

Landscape buffer exhibit

Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

Page 15

TBD 6700 Rd & E. Miami Rd Montrose, Colorado

MLS# 698804

Recap Property TBD 6700 Rd & E Miami Rd

Property Property Price per Acreage (MOL) Sq.Ft. (MOL) Listing Price Price per Acre Sq.Ft. 40.00

1,742,400

• Excellent development potential • 36.1 shares UVUWA irrigation water • Zoned R-2 and R-3 within the City of Montrose

$550,000

$13,750.00

$0.32

• Site plan completed • Beautiful location for residential subdivision • Cedar Creek flows year-round!

• Terrific San Juan Views

Contact John Renfrow or Joey Huskey at (970) 249-5001 Created by John Renfrow / Joey Huskey (970) 249-5001 / (970) 874-1500 www.RenfrowRealty.com Rev F

Information deemed reliable, but not guaranteed and should be verified.

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