Sienna Hills

LAND OFFERING

Karcher Boulevard

DEVELOPED S Indiana Avenue S Indiana Orchard Avenue

SITE

Lake Lowell

SIENNA HILLS - 78.461 ACRES FOR ADDITIONAL INFORMATION, PLEASE CONTACT: • Approved project with utilities at or near site Ryan Cantlon • Part of a 545 lot approved master planned subdivision Land Brokerage (208) 867-3751 • Proven project with multiple phases sold out [email protected]

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com OFFERING DETAILS SIENNA HILLS SIENNA HILLS CALDWELL, IDAHO 83644

ASKING PRICE $2,738,289 ($34,900 per acre)

CURRENT JURISDICTION Annexed into City of Caldwell

CURRENT ZONING R1 (max density of 3 units per acre)

GROSS ACRES 78.461 (per County records) DEVELOPED

PARCEL NUMBER R32981010100

• Approved as part of the 545 lot master plan Tuscan Ridge Subdivision (marketed as Sienna Hills) • In 2018, Sienna Hills achieved the 3rd highest absorption and 3rd Orchard Avenue highest average sales price in Canyon County • Approved preliminary plat proposed 164 buildable lots on this property • Development agreement in place SITE • Proven project with multiple phases sold out • Utilities at or near site, city well site on property • Close proximity to shopping and Lake Lowell • Contact listing agent for additional information Avenue S Indiana

All information herein has been obtained from sources deemed reliable but is subject to verification by Buyer. This offering is subject to price change, corrections, errors, omissions, prior sales and/or withdrawl.

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 2 OFFERING DETAILS SIENNA HILLS

DEVELOPED C SITE

SIENNA HILLS CALDWELL, IDAHO 83644 Acres (Per County Records) 78.461 Buildable Lots Based on Approvals 164 Zoning allows up to 3 units per acre Approvals have a typical lot size over 10,000 square feet

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 3 PLAT MAP SIENNA HILLS

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 4 PARCEL MAP SIENNA HILLS

Orchard Ave

City Well Site

rid

R3298101000 Flo

S 78.461

a A a

dia

S 950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 5 CANYON COUNTY and CALDWELL OVERVIEW SIENNA HILLS

Caldwell is a city in and the county seat of Canyon County, Idaho. Considered part of the STATISTICS CALDWELL CANYON COUNTY Boise metropolitan area, Caldwell is the location of the College of Idaho and the College of Population 54,660 216,699 Western Idaho. Median Age 29.1 32.5 Median Household Income $43,269 $46,426 The present day location of Caldwell is along a natural passageway to the Inland and Pacific Median Home Listing Price $183,700 $192,000 Northwest. Caldwell’s inception occurred largely as a result of the construction of the Oregon Short Line Railroad, which connected Wyoming to Oregon through Idaho. The population of High School Graduate or Higher 81.7% 81.7% Caldwell increased 18% between 2010 and 2017. Source: US Census Bureau Source: caldwellchamber.org and wikipedia TOP PERFORMING CANYON COUNTY SUBDIVISIONS IN 2018 Ranking By New Homes Sales Volume Ranking By New Homes Average Sales Price

SUBDIVISION NEW HOME SALES AVERAGE SALES PRICE SUBDIVISION NEW HOME SALES AVERAGE SALES PRICE

1 West Highlands Ranch 67 $ 299,840 1 Redhawk Ridge 31 $ 408,432

2 Carriage Hill North 43 $ 337, 019 2 Carriage Hill North 43 $ 337, 019

3 SIENNA HILLS 41 $ 320,952 3 SIENNA HILLS 41 $ 320,952

4 Brookdale 41 $ 284,344 4 Lava Springs 37 $ 303,152

5 Franklin Village 39 $ 235,738 5 West Highlands Ranch 67 $ 299,840

6 Cirrus Pointe 38 $ 265,033 6 Brookdale 41 $ 284,344

7 Crossing at Meadow Park 38 $ 275,898 7 Crossing at Meadow Park 38 $ 275,898

8 Lava Springs 37 $ 303,152 8 Cirrus Pointe 38 $ 265,033

9 Voyage Crossing 32 $ 188,736 9 Franklin Village 39 $ 235,738

10 Virginia Park 32 $ 216,634 10 Virginia Park 32 $ 216,634

Source: MLS, new home sale closings only from January 1, 2018 to December 31, 2018, minimum of 30 homes sold for search period

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 6 AERIAL SIENNA HILLS

Vallivue High TREASURE VALLEY CROSSING School Homedale Road

Central Vallivue Canyon Middle Elementary TREASURE VALLEY MARKETPLACE School School

Midland Blvd Karcher Road

Nampa Christian Lakevue School Elementary School KARCHER MALL

Cleveland Blvd

SITE Orchard Avenue Indiana Avenue Indiana N Lake Avenue Road N Midway N Middleton Road Blvd N Midland Roosevelt Avenue

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 7 VALLEY LOCATOR MAP SIENNA HILLS

MIDDLETON

STAR

CALDWELL

BOISE MERIDIAN SITE

NAMPA

KUNA

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/15/2019 8 RYAN CANTLON BIOGRAPHY SIENNA HILLS

REAL ESTATE PRACTICES Ryan Cantlon focuses on land acquisition and disposition.

WORK HISTORY Ryan has been involved in hundreds of land related transactions totaling thousands of development acres, resulting in the development of over 6,000 lots across more than 70 projects in the Boise MSA. Transactional experience includes master planned communities, bulk subdivision lots, commercial land, golf courses, and agricultural land. Clients Ryan has worked with range from various financial institutions, developers, local and national homebuilders, institutional funds, and local land owners.

RYAN CANTLON PERSONAL LAND BROKERAGE A native of Boise, Ryan received his BBA in Operations Management from Boise State University. In his free email: [email protected] time he can be found enjoying the outdoors of Idaho. office: (208) 343-9300 cell: (208) 867-3751 IDAHO COMMERCIAL BROKERAGE SAMPLE TRANSACTIONS SELLER REPRESENTATION BUYER REPRESENTATION ICB was established in 2002 and operates on the premise of 660 acres - Ada County, ID 440 acres - Star, ID building dependable client-broker relationships unmatched by 409 acres - Eagle, ID 365 acres - Eagle, ID the larger corporate approach to brokerage representation. 393 acres - Nampa, ID 227 acres - Nampa, ID 263 acres - Caldwell, ID 204 acres - Caldwell, ID The company is located in downtown Boise and is comprised of 211 lot subdivision - Eagle, ID 170 acres - Meridian, ID agents David McDonald, Moe Therrien and Ryan Cantlon. Idaho 184 acres - Boise, ID 166 acres - Meridian, ID Commercial Brokerage specializes in investment property and 137 acres - Kuna, ID 114 acres - Meridian, ID 127 acres - Star, ID 110 lot subdivision - Eagle, ID land sales. 111 lot subdivision - Caldwell, ID 101 lot subdivision - Caldwell, ID 100 acres - Middleton, ID 100 acres - Kuna, ID 99 lot subdivision - Caldwell, ID 85 lot subdivision - Meridian, ID 95 acres - Eagle, ID 72 lot subdivision - Meridian, ID 94 lot subdivision - Caldwell, ID 70 lot subdivision - Caldwell, ID 92 acres - Star, ID 68 lot subdivision - Meridian, ID 85 acres - Nampa, ID 64 lot subdivision - Star, ID 65 acres - Eagle ID 62 acres - Eagle, ID 41 acres - Meridian, ID 52 lot subdivision - Middleton, ID

950 West Bannock Street, Suite 420 • Boise, Idaho 83702 • ( 208) 343- 9300 • icbre.com updated: 01/14/2019 9