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Stonewater Phase One 500+ Lots RARE LARGE QUANTITY OF CONTIGUOUS ACRES NEAR HIGHWAY & DEVELOPMENT | ALL OR PART AVAILABLE POTENTIAL CANNABIS CULTIVATION, AGRICULTURE, SOLAR, MANUFACTURING, DISTRIBUTION, MINING, RESIDENTIAL, ENTERTAINMENT VENUE* CONTACT LESS THAN 1 MILE TO I-10 (DILLON ROAD INTERCHANGE) | BOUND BY SEVERAL PAVED STREETS BROKER FOR PRICE FUTURE ALL OR PART AT TERRA LAGO ACTIVE FARGO CANYON RD GULF CENTER DR CENTER GULF 100+ LOTS ACTIVE LIDO 67 LOTS STONEWATER PHASE ONE 500+ LOTS ACTIVE SOON PHASE USA LAND TWO CVWD MONTE VINA 296 LOTS LANDFILL RD FUTURE TRIBAL LAND DILLON LAKE 22 LOTS USA LAND UNDER COUNTY OF CONSTRUCTION RIVERSIDE RED MOON RV PARK 436 RV LOTS LAND DILLON RD 10 86 STONEWATER AT INDIO HILLS | 818 ACRES The POTENTIAL USES: 2,364 RESIDENTIAL LOTS | CANNABIS CULTIVATION | AGRICULTURE | SOLAR | MANFACTURING | DISTRIBUTION | MINING | ENTERTAINMENT VENUE RoBott Land Hoffman C O M P A N Y CITY OF INDIO SPHERE OF INFLUENCE, CA | COACHELLA VALLEY | RIVERSIDE COUNTY Company EXCLUSIVE OFFERING MEMORANDUM EXCLUSIVE OFFERING MEMORANDUM CONFIDENTIALITY, CONDITIONS AND DISCLAIMER The information contained in this offering material (“Brochure”) is confidential, furnished solely for the purpose of a CONTACT INFO review by prospective purchaser of any portion of APN’s: 697-260-001 (Partial) in the City of Indio, County of Riverside, California (“Property”) and is not to be used for any other purpose or made available to any other person without the express written consent of The Hoffman Company (“Broker”). The material is based in part upon information supplied The by Robott Land Company (“Owner/Seller”) and is not intended to be comprehensive or all-inclusive but rather only Hoffman an outline of some of the provisions contained therein. No warranty or representation, expressed or implied, is Company made by Seller, The Hoffman Company, or any of their respective affiliates, as to the accuracy or completeness of the Erik L. Christianson, Vice President information contained herein or as to the engineering or environmental matters. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own DRE #01475105 independent due diligence, including engineering and environmental inspections, to determine the condition of the T (949) 705-0920 • C (949) 910-7337 Property and the existence of any potentially hazardous material located at the site. [email protected] This Brochure was prepared by The Hoffman Company. It contains select information pertaining to the Property and THE HOFFMAN COMPANY does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may desire. All Coachella Valley Office assumptions are provided for general reference purposes only and are based on assumptions relating to the general 777 E Tahquitz Way, Suite 200 economy, competition and other factors beyond control and, therefore, are subject to material change or variation. Palm Springs, California 92262 In this Brochure, certain documents and other materials are described in summary form. The summaries do not purport T (760) 969-7357 to be complete nor, necessarily, accurate descriptions of the full agreement involved, nor do they constitute a legal www.hoffmanland.com analysis of such documents. Interested parties are expected to independently review all documents. CA Corp ID #01473762 This Brochure is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by The Hoffman Company or the Seller. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability RoBott Land of purchasing the Property described herein. C O M P A N Y Owner/Seller and The Hoffman Company and expressly reserve the right, at their sole discretion, to reject any or all Steve Botthof, Vice President expressions of interest or offers to purchase the Property and/or to terminate discussions with any party at any time DRE #01131793 with or without notice. T (310) 299-7574, ext. 101 C (310) 940-9111 This Brochure is the Property of The Hoffman Company and and may be used only by parties approved by The Hoffman Company. The Property is offered by Robott Land Company , and, by accepting this Brochure, the party in possession [email protected] hereof agrees (i) to return it to The Hoffman Company immediately upon request of The Hoffman Company or Seller and (ii) that this Brochure and its contents are of a confidential nature and will be held and treated in the strictest ROBOTT LAND COMPANY INC. confidence. No portion of this Brochure may be copied or otherwise reproduced or disclosed to anyone without the T (310) 299-7574 prior written authorization of The Hoffman Company/ and Owner/Seller. www.robottland.com CA Corp ID #02002534 The terms and conditions set forth above apply to this Brochure in its entirety. TABLE OF CONTENTS PROPERTY 01 OVERVIEW 4-17 OFFERING 02 GUIDELINES 18-19 INDIO 03 MARKET TRENDS 20-25 NEW HOME 04 PROJECTS 26-33 INDIO 05 OVERVIEW 34-41 H 01 PROPERTY OVERVIEW Property OVERVIEW STONEWATER, 818 ACRES 5 Property Overview AREA MASTERPLAN AFFORDABLE HIGHLY RANKED PROVEN AMENITIES COMMUNITY HOME PRICES SCHOOLS SALES Stonewater at Indio HIlls provides one of the FARGO CANYON RD few large developable masterplan opportunities in the STONEWATER Indio area, and is RD DILLON PHASE ONE located in one of the only path of growth directions just east PHASE TWO of the active age restricted development “Terra Lago” by K. LANDFILL RD Hovnanian Four Seasons. ere home prices average above $1M+. RoBott Land C O M P A N Y H 2028 feet © 2012-2017 Digital Map Products. All rights reserved. 1 6 Property Overview Indio is the CITY OF INDIO COACHELLA VALLEY SUMMARY Coachella Valley’s fastest growing city, the The Coachella Valley (also known as “the desert”) market area generally appeals fifth fastest growing city in the state last year, to well- established local residents, seasonal part time residents, and seniors from all over the na- tion and Canada which in turn supports the local job and is endowed as the most populous city in market in the health care, tourism,and energy industries. The continual influx the desert with 84,000 residents. Indio has of new residents to the area are attracted to the year round warm weather and resort-style living. Top attractions include nearby shopping at the world-class El become known both locally and across the Paseo, fine dining, well-appointed resorts & spas, a half-dozen popular casinos, nation as the “City of Festivals” with annual internationally known golf courses & tennis events, growing music festivals, equestrian tournaments, motorsports facilities, and an abundance of other concerts and fairs breaking new attendance entertainment venues not found anywhere else in the nation with this level of records every year. To keep up with the grow- concentration. The unique & affluent Buyer profile for the subject property could naturally be focused on the move up, up, second home, and retirement home ing population, in the last six years alone, buyers, whom are generally known to be less sensi- tive to economic pressures the city of Indio has invested more than $100 and interest rate fluctuations compared to entry level home buyers. Historical trend data shows that the years of 2000-2007 accounted for over 25,000 new mil- lion in infrastructure including paved home sales in the Coachella Valley (an average of nearly 4,000 new home roadways, landscaping, and upgraded water & sales per year over an 8-year period). Now in year 2020, the Coachella Valley is experiencing a historical inventory shortage and possesses an incredible growth sewer treatment plants. potential being linked to the 3rd fastest growing city in Southern California. LOCATION The property is located South East corner of Dillion and Fargo Canyon Road INDIO QUICK FACTS (Avenue 42) in the Indio Hills area. Two miles north of Interstate 10. HOME PRICE LAST 12 MONTHS SIZE (RE-SALE + NEW) : 4.5% 818 Continuous Acres Only ENTITLEMENTS MONTHS OF INVENTORY: 2.4 Months Proposed Specific plan for 2,364 Residential Units, 25 Acres Hotel/Resort, 25 Acres of Com- mercial/Retail, 62 Acres of Motor Coach Resort. Sources: US Census Bureau, NAR, Dataquick RoBott Land H C O M P A N Y STAGECOACH FESTIVAL STONEWATER, 818 ACRES 7 Site Detail SUMMARY ZONING 300 Condos W-2-10 (Control Development, 10 acre minimum lot size) 2,064 Homes 2,364 Total Dwelling Units GENERAL PLAN OS-RUR (Open Space, Rural) APN EDR (Estate Density Residential, 2 ac minimum lot size) 601-300-006, 601-320-006, 007, 008, 009, 601-330-001, 002, 003, 601-340-001, 002, 004, 012, 014 GEOLOGY A Geological study identified a fault line running through the southwest corner of the property. Land Use Site Plan RoBott Land C O M P A N Y H Date: April 5, 2015 Revised: April 19, 2015 Project: Stonewater / Indio, CA Sphere of Influence Subject: Draft Land Use and Yield Analysis Client: Stonewater 800, LLC (RoBott Land Company) Prepared By: STEVEN FORD / Real Estate Development Consulting Services Acquisition Feasibility / Regulatory Analysis / Entitlement / Project & Site Development Management [email protected] / 760-902-8781 Total Project Acreage or Land Use Project Project Remainder Acreage % Yield 818.15 Total Project Acreage 805.46 12.69 1.55% Planning Area 1 / Assumed Undevelopable Conservation Area 804.47 0.99 0.12% Planning Area 6 / Assumed Undevelopable - No Access 13.68 Sub-Total Undevelopable Planning Areas 769.13 35.34 4.32% Restricted Use Area north of SCE easement per Petra Report. 744.81 24.32 2.97% Restricted Use Study Area north of SCE easement per Petra Report 59.66 Sub-Total Restricted Use Areas north of SCE easement per Petra Report 712.71 32.10 3.92% Utility Easements 706.71 6.00 0.73% Resrvoir Sites / 2 @ 3 acres each 696.43 10.28 1.26% Dillon Rd., Fargo Canyon Rd., Land Fill Rd.
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