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Sisters Forest Service Property Offering 66.57 Acres | $8,000,000 Memorandum

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Sisters Forest Service Property Offering 66.57 Acres | $8,000,000 Memorandum Sisters Forest Service Property Offering 66.57 Acres | $8,000,000 Memorandum Robert Raimondi, CCIM | Graham Dent, Broker 600 SW Columbia St., Ste. 6100 | Bend, OR 97702 541.383.2444 | www.compasscommercial.com Table of Contents Page Property Overview Location Overview 03 11 Sisters Demographics Regional Map Property Offering 04 Offering Details Parcel Breakdown Regional Overview Building Inventory 14 Sisters, Oregon Profile Central Oregon Profile Zoning Overview 07 Current Zoning Map Notices Zoning Change Options 16 2 Property Sisters Forest Service Property Overview A 66.57-acre land parcel fronting Highway 20 in Downtown Sisters, Oregon. Compass Commercial is proud to present an THE SUBJECT PROPERTY extremely rare development opportunity in downtown Sisters, Oregon. This 66.57-acre parcel This parcel is currently used for administrative and employee has over 2,000 feet of Highway 20 frontage and is residential purposes for the operations of the Sisters the connector between downtown Sisters to the Ranger District of the Deschutes National Forest. The city’s east and the commercial strip to the west. comprehensive plan for this area was revised in 2012 to include a number of options as to how this site could be developed. These revisions allow for a variety of approved zones including SISTERS, OREGON commercial, residential and industrial. Sisters is a city in Deschutes County, Oregon, 136 miles southeast This is a rare opportunity to shape the look, feel and personality of Portland and just 20 miles west of both Bend and Redmond. of a community for generations to come. The population was 1,196 at the 2000 census, but nearly doubled to 2,038 as of the 2010 census. Sisters is the 4th fastest growing city in Oregon and the gateway between Central Oregon and the large metro areas along Interstate 5. With 4.5 million cars passing through this town annually, the western-themed Sisters downtown draws a high amount of tourism with its unique shops, galleries and restaurants. Sisters is home to several nationally renowned events which attract a large amount of people to this small city: Sisters Rodeo, Sisters Outdoor Quilt Show, 4 Peaks Music Festival and the Sisters Folk Festival. The city and surrounding country is full of natural beauty with uninhibited Cascade Mountain views and nearby to great attractions such as Suttle Lake, Black Butte, Hoodoo Ski Area and the panoramic Pacific Crest Trail. With an expanding and well- organized forest trail system, there is ready access to a diverse array of outdoor recreation activities including hiking, biking, skiing, fishing, and equestrian. 3 Property Offering Attachment 3 Offering Details Vicinity Map Sisters Administrative Site Name: Sisters Forest Service Land Deschutes National Forest Land Size: 66.57 acres No. of Bldgs.: 20 Bldg. Gross SF: 35,626 rive D ay Along Hwy 20 in downtown Sisters, arcl Location: . B approximately 18 miles NW of Bend. W U The site straddles Hwy 20 through S 2 downtown, is bound by Pine Street to 0 t the east and partially bound by Barclay S e a e n r t Drive to the North. ti a S m e H n i County: Deschutes w P y . Current Public Facility (PF) N T.15S., Zoning: Open Space (OS) R.10E., 33 Urban Area Reserve (UAR) Future The City of Sisters has approved and Zoning: adopted a Development Plan for this area within their larger City of Sisters Comprehensive Plan. Future zoning includes a mixture of Commercial, Residential and Industrial (see pages 8-10 for more information). W. Cascade Ave. Inside City Limits: Yes OR 242 McKenzie Hwy Elevation: 3,182 ft. Legal: T15S,R10E, W.M. Deschutes County, OR Sec. 5, Govt. Lots 6, 7 and a portion of the NE1/4SE1/4. Utilities: Fully serviced Legend Scale: 1:5,000 ± 0 0.03 0.06 0.12 0.18 0.24 Terms: Cash Sisters Sale Parcel Miles Deschutes National Forest This GIS product maybe modified by the Forest Service at any time in accordance with applicable rules and regulations. Price: $8,000,000 USDA is an equal opportunity provider. JS 5/3/2016 4 Property Parcel Breakdown Offering GROSS ROW NET PARCEL LOCATION ACRES ACRES ACRES Parcel 1 Triangle East Portal 14.61 7.05 7.56 Main Admin Site between Hwy 20 Parcel 2 47.06 5.24 41.82 and W. Barclay Drive North of W. Barclay Drive Parcel 3 4.90* 0.90* 4.00* (east portion of Parcel 3) SALE ACRES 66.57 13.19 53.38 North of W. Barclay Drive Parcel 4 (west portion of Parcel 3, to be 13.21* 0.42* 12.79* retained by the forest service) TOTAL ACRES 79.78 13.61 66.17 *Note: Parcel 3 and 4 have not been rezoned, partitioned and surveyed yet, so acres are approximate. 5 Property Offering Building Inventory Building Inventory Parcel 1 - Triangle Parcel 2 - Admin BUILD. BUILD.NAME BUILD. GROSS YEAR BUILD. BUILD.NAME BUILD. GROSS YEAR ID TYPE SF CONST. ID TYPE SF CONST. EP1 Public Service 604 1998 1011 Residence Housing 1,344 1961 Restroom 1023 Residence Housing 2,254 1957 EPK1 East Portal Kiosk Service 490 1998 1025 Residence Housing 1,002 1958 TOTAL SQ FT 1,094 1037 Residence Housing 1,751 1962 Note: The parcel is primarily flat, with no streams, and 1038 Residence Housing 1,397 1962 timbered with ponderosa pine. Approximately 29 acres of the 1041 Residence Housing 1,323 1963 sale parcel is not developed with buildings and is timbered 1324 Bunkhouse Housing 1,056 1960 with large ponderosa pine. 1326 Bunkhouse Housing 1,056 1960 2002 Main office Office 7,410 1962-1990 2007 Fire Office Office 3,000 1957, 1990’s 2220 Warehouse/ Storage 2,112 1950/1973 shop 2223 Tree Cooler Storage 3,500 1979 2236 Engine Garage Storage 2,000 2001 2303 Storage Storage 96 1964 2306 Saw Storage Storage 96 1968 2338 Fire warehouse Storage 4,800 1964 2603 Evidence Locker Storage 117 1964 2624 Paint Storage Storage 218 2001 TOTAL SQ FT 34,532 6 Zoning Current Zoning Map Overview N L L Y RD A Y E D CROOK HO D ED ES S H RS A O WAGON WHEEL I I L G A TAPIDERO T O Y D L S K A C W R Y IA U O T S L A L E L E City of Sisters Zoning Map Y BIG VIEW DR VIEW BIG MARTINGALE [ 1" = 1500’ PILOT DR PINEST TRA PPER POIN D T R LN WK HA TY KIT HWY 20 A BARCLAY DR B A R MCKIN SUBJECT SRR C L A R Y N MFR C E RANCH D T Y UN R S R E A W LUNDGREN MILL DR N 2058 100 C FS H R NSBP D Y W WILLIAMSON AVE A W Y TC W LAMBERT AVE T I E BAR N CL I W RAIL WAY AY DR OS R UAR T W BARCLAY DR PF N MFR R W HILL AVE HC D LI K 8 080 R N N FREEMONT ST 5 A 0 P W CARSON AVE T 2 N AM S POLKRDCAMP HWY 242 W HWY 20 R R S TE IM F W SIS W MCKINNEY BUTTE RD E PARK PL N LARCHST D R N PINE ST E BLACK BUTTE AVE P PF O E BLACK BUTTE AVE O MFR L E ASPENWOOD AVE L FS 15 R T P E S E L D N MAPLELN O E HORSE BACK TRL P 0 O HEE O 03 N N BROOKS RDCAMP 8 W H R N 05 LN LOCUST N S 2 S W ADAMS AVE E ADAMS AVE N F T N FIR N ST FIR UAR S E RANCH AVE GTON RD Y IN N ROPEST N MAPLE ST MAPLE N T O N N LOCUST ST N N TAMARACK ST TAMARACK N U W MAIN AVE B H E MAIN AVE IT OS W R E O R P MFR C W MCKENZIE HWY N CEDARST N W CASCADE AVE DC N SPRUCE ST E CASCADE AVE T N COTTAGELN S OS R D D W HOOD AVE O E HOOD AVE E TIMBER PINE DR K O E E W PF R FS 1505 N S S LARCHST C O W WASHINGTON AVE S SPRUCE ST Legend T R T E O B C TI M S S CEDARST S E CT S ID T S Sisters City Limit JEFFERSON AVE PF E K S W MFRE JEFFERSON AV E E CRE W S S FIR ST O S S CREEKSIDE DR Sisters Urban Growth Boundary D A W ST HELENS AVE E E ST HELENS AVE Sisters Zoning M E HWY 20 HWY 126 E N S LOCUST S ST OS D I R P A - Airport N S O E TYEE DR T G E R-PMV R S D N E I SP DC - Downtown CommercialG B E S PINE ST PINE S P R U D FP O A O D R C E L MFR O O K T T R HC - Highway Commercial W HOPE AVE A A L S S OAK ST P R S ASHST S A S S ELMST W O E E CO O R YO T TC - Tourist Commercial T E S R PRINGS RD L HC FP - Flood Plain OS - Open Space HWY 20 PF - PublicFS 1505 Facility 100 LI - Light Industrial PF NSBP - North Sisters Business Park UAR10 MFR - Multi-Family Residential R - Residential SRR - Sun Ranch Residential R-PMV - Pine Meadow Village Residential PF UAR - Urban Area Reserve THREECREEKS RD WILDWING RD UAR10 - Urban Area Reserve 10 Acre Minimum BROOKS SCANLON LOGGING RD August 08, 2016 7 Zoning Option A Zoning Change Overview 8 Zoning Option B Zoning Change Overview 9 Zoning Option C Zoning Change Overview 10 Location Location Overview Overview Well Positioned Location Every year, over 4.5 million cars pass through Sisters, Oregon.
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