Rare 1/2 Acre Home Sites - The Hoffman Company€¦ · Rare 1/2 Acre Home Sites SUNDANCE PARK T co...

T H E H O F F M A N CO M PA N Y

S O U T H E R N C A L I F O R N I A O F F I C E

18881 Von Karman Avenue, Suite 150

Irvine, California 92612

CA BRE #01473762

T 949.553.2020 | F 949.553.8449

www.hoffmanland.com

B R O K E R CO N TAC TTom Dallape

CA BRE #01100284

T 949.705.0928

[email protected]

EXCLUSIVE OFFERING MEMORANDUM

The

Hoffman

Company

Leading the LandBrokerage IndustryC A L I F O R N I A + N E V A D A

RIVER R

D

VINE

AVE

SUNDANCE LN

NORCO VILLAGEOpening Fall 2017

CORYDON ST

PRADO BASIN PARKEASTVALE

CORONA

C I T Y O F N O R C ORiverside County, CA

31 HALF-ACRE LOTS

PARK &EQUESTRIAN

ARENA

Rare 1/2 Acre Home Sites

SUNDANCE PARK

BLUFF ST

City of Norco

City of Norco

The information contained in this offering material (“Brochure”) is furnished solely for the purpose of a review by prospective purchaser of any portion of the subject property in the City of Norco, 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 Scheel Dallape Inc. d/b/a The Hoffman Company (“The Hoffman Company”). The material is based in part upon information obtained by The Hoffman Company from sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all inclusive but rather only an outline of some of the provisions contained therein. No warranty or representation, expressed or implied, is made by Seller, The Hoffman Company, or any of their respective affiliates, as to the accuracy or completeness of the information contained herein or as to engineering or environmental matters. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material located at the site.

This Brochure was prepared by The Hoffman Company. It contains select information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may desire. All assumptions are provided for general reference purposes only and are based on assumptions relating to the general economy, competition and other factors beyond control and, therefore, are subject to material change or variation.

In this Brochure, certain documents and other materials are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents.

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 of purchasing the Property described herein.

Seller and The Hoffman Company expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the property and/or to terminate discussions with any party at any time with or without notice. Seller shall have no legal commitment or obligation to any purchaser reviewing this Brochure or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approved by the Seller and any conditions to Seller’s obligations there under have been satisfied or waived. The Hoffman Company is not authorized to make any representations or agreements on behalf of Seller.

This Brochure is the Property of The Hoffman Company and may be used only by parties approved by The Hoffman Company. The Property is privately offered and, by accepting this Brochure, the party in possession 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 confidence. No portion of this Brochure may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of The Hoffman Company and Seller.

Please be advised, Buyer acknowledges that The Hoffman Company Organization, may (1) act as an agent for more than one prospective Buyer on the subject property and/or (2) act as the agent for both the Buyer and Seller on the subject property. Any prospective Buyer requesting The Hoffman Company to submit an offer on its behalf acknowledges the foregoing disclosures and agrees to the described agency relationships with other prospective Buyers.

POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER OR SELLER - DISCLOSURE AND CONSENT (C.A.R. Form PRBS, 11/14)

A real estate broker (Broker), whether a corporation, partnership or sole proprietorship, may represent more than one buyer or seller. This multiple representation can occur through an individual licensed as a broker or salesperson or through different individual broker’s or salespersons (associate licensees) acting under the Broker’s license. The associate licensees may be working out of the same or different office locations.

Multiple Buyers: Broker (individually or through its associate licensees) may be working with many prospective buyers at the same time. These prospective buyers may have an interest in, and make offers on, the same properties. Some of these properties may be listed with Broker and some may not. Broker will not limit or restrict any particular buyer from making an offer on any particular property whether or not Broker represents other buyers interested in the same property.

Multiple Sellers: Broker (individually or through its associate licensees) may have listings on many properties at the same time. As a result, Broker will attempt to find buyers for each of those listed properties. Some listed properties may appeal to the same prospective buyers. Some properties may attract more prospective buyers than others. Some of these prospective buyers may be represented by Broker and some may not. Broker will market all listed properties to all prospective buyers whether or not Broker has another or other listed properties that may appeal to the same prospective buyers.

Dual Agency: If Seller is represented by Broker, Seller acknowledges that broker may represent prospective buyers of Seller’s property and consents to Broker acting as a dual agent for both seller and buyer in that transaction. If Buyer is represented by Broker, buyer acknowledges that Broker may represent sellers of property that Buyer is interested in acquiring and consents to Broker acting as a dual agent for both buyer and seller with regard to that property.

In the event of dual agency, seller and buyer agree that: (a) Broker, without the prior written consent of the Buyer, will not disclose to seller that the Buyer is willing to pay a price greater than the offered price; (b) Broker, without the prior written consent of the seller, will not disclose to the buyer that seller is willing to sell property at a price less than the listing price; and (c) other than as set forth in (a) and (b) above, a dual agent is obligated to disclose known facts materially affecting the value or desirability of the property to both parties.

Offers not necessarily confidential: Buyer is advised that seller or listing agent may disclose the existence, terms, or conditions of buyer’s offer unless all parties and their agent have signed a written confidentiality agreement. Whether any such information is actually disclosed depends on many factors, such as current market conditions, the prevailing practice in the real estate community, the listing agent’s marketing strategy and the instructions of the seller.

Buyer and seller understand that Broker may represent more than one buyer or more than one seller and even both buyer and seller on the same transaction and consents to such relationships.

The terms and conditions set forth above apply to this Brochure in its entirety.

Executive Summary

Property Overview

Area Overview

Market Overview

1

2

3

4

4-9

10-15

16-25

26-29

City of

Norc

o

City of

Norc

o

J.D. Ranch | Norco

1EXECUTIVE SUMMARY

5

The Hoffman Company is offering 31 lots in the City of Norco; the

only available new home opportunity in the City of Norco:

• Approved TTM for 36717 for 32 lots, seller to retain one lot with existing residence

• Project is located on the River Road, providing easy access to the 91 Freeway via Lincoln Avenue

or Serfas Club Drive.

• Norco is a mature incorporated city with all schools, community centers, retail, parks and roads

built out giving great immediate amenities unlike anything else in the region.

• The project allows animal keeping and equestrians uses on all lots as well as direct access to

Norco’s extensive network of horse trails, unlike any other new home project in the region.

• Norco has one of the highest average household incomes in the Inland Empire and has not had

a new housing development in almost 20 years, giving local pent up demand for new modern

homes from high equity local home owners.

• Lewis Retail is scheduled to begin construction shortly on the approved Norco Village, providing

walk and equestrian rideablity to the new residents with a strong neighborhood retail amenity.

Disclaimer: Preparation and disclosure of the material contained herein does not create a duty of care on the part of The Hoffman Company for any of the information contained in this brochure. The analysis herein may or may not be comprehensive. While prospective purchasers may review this brochure to increase their knowledge of the Property, they retain all responsibility to independently verify any material facts which they choose to find valuable for their own purposes.

1 EXECUTIVE SUMMARY

The

Hoffman

Company

Exclusive Offering Memorandum 6

Offering Guidelines

S E L L E R

TACRD Investments, L.P.

P R O P O S E D D E A L S T R U C T U R E

All Cash | Bulk

A S K I N G P R I C E

Submit on an as-is basis, all cash.

D U E D I L I G E N C E P E R I O D

The Due Diligence Period shall commence upon buyer acceptance of LOI and delivery of all

due diligence materials. The Due Diligence Period shall be 60 days.

D E P O S I T S

The Initial Deposit of two percent (2.0%) of the purchase price shall be made at the Opening

of Escrow and shall remain refundable during the Due Diligence Period. A Second Deposit

of three percent (3.0%) shall be placed into Escrow prior to expiration of the Due Diligence

Period. The sum of the Initial Deposit and Second Deposit shall equal a Total Deposit of five

percent (5.0%) of the Purchase Price. Upon Buyer’s approval of its Due Diligence, the Total

Deposit shall be released to the Seller and shall be non-refundable except for Seller default.

E S C R O W

Escrow shall be held with First American Title Company.

O P E N I N G O F E S C R O W

Upon delivery to Escrow of (i) the mutually executed Purchase & Sale Agreement and (ii) the

Initial Deposit equal to (2.0%) of the purchase price.

C LO S E O F E S C R O W

The Close of Escrow shall occur the 15-days after Buyer’s approval of the Due Diligence

Period.

T E N TAT I V E T R AC T M A P

Tentative Tract Map No. 31718

J.D. Ranch | Norco

1EXECUTIVE SUMMARY

7

City of

Norc

o

City of

Norc

o

Close Up Aerial

RIVER RD

VINE AVEPREAKNESS W

AY

SUNDANCE LN

BLUFF

STfuture road

SUNDANCE PARK

PARK &EQUESTRIAN

ARENA

1 EXECUTIVE SUMMARY

The

Hoffman

Company


Vicinity Aerial

J.D. Ranch | Norco

1EXECUTIVE SUMMARY

9

Tentative Tract Map No. 36717

LEGAL DESCRIPTIONLOTS 47, 48, 49 AND 50, THOSE PORTIONS OF LOTS 43, 44, 45 AND 46, THOSEPORTIONS OF ALL STREETS AND ALLEYS, AND THAT PORTION OF THAT CERTAIN PARCELOF LAND MARKED "PROPOSED POMONA AND ELSINORE RAILROAD DEPOT GROUNDS", ASSHOWN ON THE MAP OF AUBURNDALE COLONY AND TOWNSITE ON FILE IN BOOK 6 PAGE21 OF MAPS, SAN BERNARDINO COUNTY RECORDS. LYING WITHIN THE BOUNDARIES OF'THE PARCEL OF LAND DESCRIBED AS FOLLOWS:

COMMENCING AT THE POINT OF INTERSECTION OF THE SOUTHEASTERLY LINE OF THEALLEY RUNNING NORTHERLY AND SOUTHERLY THROUGH BLOCKS 21, 22 AND 23 OFSAID AUBURNDALE COLONY AND TOWNSITE WITH THE NORTHEASTERLY LINE OF RIVERSTREET;

THENCE NORTHWESTERLY ON SAID NORTHEASTERLY LINE OF RIVER STREET, 710.30 FEETTHE TRUE POINT OF BEGINNING;

THENCE NORTHEASTERLY ON A LINE PARALLEL TO SAID NORTHWESTERLY LINE OF SAIDALLEY RUNNING THROUGH BLOCKS 21, 22 AND 23, 1604.62 FEET TO A POINT IN THENORTHEASTERLY LINE OF SAID AUBURNDALE COLONY AND TOWNSITE;

THENCE NORTHWESTERLY ALONG SAID NORTHEASTERLY LINE TO A POINT, SAID POINTBEING THE CENTER LINE OF GILBERT STREET;

THENCE SOUTHWESTERLY ALONG THE CENTER LINE OF SAID GILBERT STREET TO A POINTON THE NORTHEASTERLY LINE OF RIVER STREET;

THENCE SOUTHEASTERLY ALONG THE NORTHEASTERLY LINE OF RIVER STREET' TO THE TOTHE TRUE POINT OF BEGINNING;

EXCEPTING THEREFROM THAT PORTION THEREOF CONVEYED TO THE COUNTY OFRIVERSIDE FOR ROAD PURPOSES BY DEED RECORDED SEPTEMBER 23, 1963 ASINSTRUMENT NO. 99907;

ALSO EXCEPTING FROM LOT 9 IN BLOCK 45, ONE-HALF OF THE OIL AND MINERAL RIGHTSAS RESERVED IN DEED FROM CHARLES M. HOOPS AND ELNORE HOOPS, HUSBAND ANDWIFE, ET AL. RECORDED OCTOBER 5, 1949 IN BOOK 1113 PAGE .202 OF OFFICIALRECORDS;

ALSO EXCEPTING AN UNDIVIDED ONE-HALF INTEREST IN A 16' IRRIGATION WELL EQUIPPEDWITH TURBINE PUMP AND 30 H. P. STATIONARY MOTOR, AND IN A WELL SITE ON WHICHSAID WELL AND PUMPING PLANT ARE SITUATED, WHICH WELL-SITE IS DESCRIBED ASFOLLOWS:

BEGINNING AT A POINT ON THE NORTHEASTERLY LINE OF AUBURNDALE COLONY ANDTOWNSITE, AS SHOWN BY MAP ON FILE IN BOOK 6 PAGE 21 OF MAPS, SANBERNARDINO COUNTY RECORDS, DISTANT 419.32 FEET SOUTHEASTERLY FROM THEINTERSECTION OF SAID NORTHEAST LINE WITH THE CENTER LINE GILBERT STREET;

THENCE. SOUTH 53° 35' 40" WEST, 27 FEET TO THE TO THE TRUE POINT OF BEGINNING;

THENCE SOUTH 93° 35' 40. WEST, 20 FEET;THENCE SOUTH 36° 24' :20" EAST 20 FEET;THENCE NORTH 53° 35' 40" EAST 20 FEET;THENCE NORTH 36° 25' 20" WEST 20 FEET TO THE TO THE TRUE POINT OF BEGINNING.

ALSO EXCEPTING AN UNDIVIDED ONE .HALF INTEREST IN A 10" UNDERGROUND CONCRETEPIPE LINE AND 5 FOOT EASEMENT FOR THE USE AND MAINTENANCE OF SAID PIPE LINEFOR THE TRANSMISSION OF IRRIGATION WATER, THE CENTER LINE OF WHICH EASEMENTIS DESCRIBED AS FOLLOWS:

BEGINNING AT THE MIDPOINT OF THE NORTHEASTERLY LINE OF THE WELL SITEHEREINABOVE DESCRIBED;

THENCE NORTH 53' 35' 40" EAST 20 FEET;THENCE SOUTH 36' 24' 20" EAST 240 FEET, MORE OR LESS, TO THE SOUTHEASTERLYLINE OF THE HEREINABOVE DESCRIBED, AS BEING A PORTION OF GOT 46.

EXISTING PALM TREE

EXISTING MAN HOLE

EXISTING STREETLIGHT

EXISTING FIRE HYDRANT

EXISTING TREE

EXISTING BRUSH OUTLINE

HP HIGH POINT

PL PROPERTY LINE

PP POWER POLE

R/W RIGHT-OF-WAY

RA RESIDENTIAL AGRICULTURAL

GENERAL PLAN DESIGNATION

OS OPEN SPACE ZONE

PL PUBLIC LANDS ZONE

LEGEND

NVICINITY MAP

Map © Rand McNally & company R.L.09-S-09

NTS

APN 129-081-010

JOHNSON JAMES G/

JOHNSON PATRICIA L

SFR

RA

A120

APN 129-093-001

RALPH TIMOTHY A/

RALPH SUSAN R

SFR

RA

A120

APN 129-093-002

DELATORRE RUBEN/

DELATORRE JENNIFER

SFR

RA

A120

APN 129-093-003

SERFAS CHRISTOPHER

CHARLES/ SERFAS

CHRISTINA LYNNE

SFR

RA

A120

APN 129-093-004

ARCHULETA PAMELA R/

ARCHULETA DANIEL

EASEMENTS

AN EASEMENT FOR WATER PIPES AND DITCHES, FLUMES AND CONDUITS FOR PURPOSESOF IRRIGATION AND DOMESTIC USE IN FAVOR OF SOUTH RIVERSIDE LAND AND WATERCOMPANY AS RECORDED AUGUST 8, 1895 IN BOOK 17, PAGE 223, DEEDS ANDRECORDED DECEMBER 31, 1906 IN BOOK 173, PAGE 336, DEEDS. SAID EASEMENTCANNOT BE PLOTTED BASED ON RECORD INFORMATION.

AN EASEMENT FOR UTILITIES,60 FEET WIDE, OVER THAT PORTION OF THE POMONA ANDELSINORE RAILROAD RIGHT OF WAY LYING EAST OF BLOCK 47 AND 45, ALL OF BLOCK24, AND THE NORTHWESTERLY HALF OF BLOCK 22 OF THE HEREIN DESCRIBED PROPERTYGRANTED TO CALIFORNIA ELECTRIC POWER COMPANY IN THE DOCUMENT RECORDEDJANUARY 28, 1954 RECORDING NUMBER 4649, OFFICIAL RECORDS.

AN EASEMENT FOR UTILITIES IN FAVOR OF SOUTHERN CALIFORNIA EDISON COMPANY ASRECORDED APRIL 23, 1959, RECORDING NUMBER 34510, OFFICIAL RECORDS. SAIDEASEMENT CANNOT BE PLOTTED BASED ON RECORD INFORMATION.

AN EASEMENT FOR EXCAVATION SLOPES IN FAVOR OF COUNTY OF RIVERSIDE ASRECORDED SEPTEMBER 23, 1963, RECORDING NUMBER 99907, OFFICIAL RECORDS.SAID EASEMENT CANNOT BE PLOTTED BASED ON RECORD INFORMATION.

Reference No.Job No. Designed By

MWT

Drawn By

BK

Date Prepared

154402

CITY OF NORCO

Sheet No.

1 of 1154402TTM2

HC&D ARCHITECTS

1801 LAMPTON LANE

NORCO, CA 92860

PHONE: (951) 371-2057C/O: DAN HINSON

THOMAS G. DALLAPE ANDDIANE L. DALLAPE OF THE

DALLAPE FAMILY TRUST DATEDNOVEMBER 18,1993

1801 LAMPTON LANE

NORCO, CA 92860

PHONE: (951) 371-2057

THOMAS DALLAPEC/O: DAN HINSON

land planningcivil engineering

phone 909.748.7777

1461 ford street, suite 105, redlands, ca 92373

fax 909.748.7776

landscape architecture

est. 1

989

IN THE CITY OF NORCO

KEY NOTES

1. ASSESSOR'S PARCEL NUMBER: 121-110-0032. GROSS AREA: 26.69 AC3. EXISTING NET AREA: 26.19 AC4. PROPOSED NET AREA: 23.67 AC5. AREA OF DEDICATION: 2.52 AC6. EXISTING NUMBER OF LOTS: 17. PROPOSED NUMBER OF LOTS : 32 SINGLE FAMILY LOTS & 2 COMMON LETTERED LOTS8. EXISTING/PROPOSED ZONING DESIGNATION: A-120 (AGRICULTURAL LOW DENSITY)9. EXISTING/PROPOSED GENERAL PLAN DESIGNATION: RA (RESIDENTIAL AGRICULTURAL)10. NO CONTIGUOUS OWNERSHIP11. GRADING AND DRAINAGE SHOWN ON THIS PLAN IS CONCEPTUAL ONLY.12. EXISTING USE: AGRICULTURAL13. PROPOSED USE: SINGLE FAMILY RESIDENTIAL14. SITE IS NOT SUBJECT TO FLOOD WATERS, OVERFLOW OR

INUNDATION.15. NO REGULATED TREES OR PLANTS KNOWN TO EXIST ON-SITE.17. PROJECT SITE IS LOCATED WITHIN ZONE 'X' (AREAS DETERMINED TO BE OUTSIDE THE

0.2% ANNUAL CHANCE FLOOD PER FIRM MAP NO.06065C0687G, DATED AUGUST 28,2008.)

18. PRELIMINARY GRADING QUANTITIES:RAW CUT: 7,000 CYRAW FILL: 109,000 CY

19. SLOPES 2' IN HEIGHT AND SMALLER ARE NOT SHOWN.20. STREET TREES WILL BE PROVIDED ALONG ALL PROPOSED STREETS AT 40' ON CENTER.21. INFILTRATION BASINS FOR WATER QUALITY OF STREETS & LOTS ARE SHOWN.22. STREET LIGHT LOCATIONS TO BE DETERMINED BY CITY OF NORCO.

PROJECT NOTES:

APN 129-081-001

OWENS CLEO/

OWENS BETTY LOU

SFR

RA

A120

A 212" BRASS DISK STAMPED "C-102" SET IN

THE TOP OF THE CURB, LOCATED 5' NORTH OF

THE E.C.R. OF THE NORTHEASTERLY CURB

RETURN OF THE INTERSECTION OF CORYDON

STREET AND KINGSFORD DRIVE.

ELEVATION: 569.419' (DATED 4/88)

(CITY OF CORONA BENCHMARK C-102)

CENTERLINE OF SUNDANCE LANE N43°09'18"E

AS SHOWN ON TRACT 28765 BK274, PG 95-98

43' 22'12'

APN 121-310-013

KELLEY ROBERT D/

KELLEY JASMIN C

SFR

RA

A120

APN 121-310-012

HW ANG JEN HUNG/

HW ANG TZU HSING TSENG

SFR

RA

A120

APN 121-310-011

LALONE JOSEPH R

SFR

RA

A120

APN 121-310-010

RAMIREZ ARMANDO/

RAMIREZ ERIKA

SFR

RA

A120

APN 121-310-009

ORTNER NORMAN F

SFR

RA

A120

APN 121-310-008

KING MARY CONSTANCE

SFR

RA

A120

APN 121-310-007

LITTLE FAMILY LIVING TRUST

SFR

RA

A120

APN 121-310-006

BEAMAN DONALD/

BEAMAN NANCY

SFR

RA

A120

APN 121-310-005

WESTERLIN STEVEN M

SFR

RA

A120

APN 1

21

-54

1-0

01

PERFIL

I JO

HN P

AUL/

PERFIL

I STEPHANIE

L

SFR

RA

A1

20

APN 1

21

-54

1-0

02

AYALA

MARTIN

/

AYALA

RO

SE M

SFR

RA

A1

20

APN 1

21

-54

1-0

03

SM

ITH G

ERALD

W

SFR

RA

A1

20

APN 1

21

-54

1-0

04

SEXSM

ITH M

ARG

IE R

SFR

RA

A1

20

APN 1

21

-54

1-0

05

VALD

EZ D

OM

ING

O/

VALD

EZ E

NED

INA

SFR

RA

A1

20

APN 1

21

-54

1-0

06

MEND

OZA J

ESSE

SFR

RA

A1

20

APN 1

21

-54

1-0

07

KNIG

HT B

EVERLE

E S

SFR

RA

A1

20

APN 1

21

-54

1-0

08

WIL

LARD

JO

HN/

WIL

LARD

DEVO

N

SFR

RA

A1

20

APN 1

21

-55

1-0

01

CO

NLI

N W

ALT

ER W

/

CO

NLI

N D

ANETTE L

SFR

RA

A1

20

APN 1

21

-55

1-0

02

ARIA

S D

AVID

/

ARIA

S A

LMA D

SFR

RA

A1

20

APN 1

21

-55

1-0

03

DUPREE J

AM

ES D

SFR

RA

A1

20

APN 1

21

-55

1-0

04

CABRERA E

PIT

AC

IO/

CABRERA M

ARIA

LUIS

A

SFR

RA

A1

20

APN 121-551-024

CITY OF NORCO

PARK

OS

P

APN 121-551-022

SCHATTI THOMAS/

SCHATTI BELINDA

SFR

RA

A120

APN 121-551-021

KAPEC RONALD J/

KAPEC TAMMY J

SFR

RA

A120

APN 121-551-008

GRIGSBY TERESA MARIA

SFR

RA

A120

APN 121-552-012

ROBERTS STEVEN

SFR

RA

A120

APN 121-552-002

CORTES JAVIER

SFR

RA

A120

APN 121-552-001

SHINDLE CYNTHIA

MARGARET

SFR

RA

A120

APN 121-542-005

FRANCHERE JOLYN M/

FRANCHERE JEREMY G

SFR

RA

A120

APN 121-542-004

VASQUEZ JUAN A JR/

VASQUEZ GISELA

SFR

RA

A120

APN 121-542-003

VERDUZCO MANUEL/

VERDUZCO MICAELA

SFR

RA

A120

APN 121-542-002

GENSLER DON/

GENSLER MARY ESTHER

SFR

RA

A120

APN 121-542-001

DUKE PATRICK R/

DUKE RAMONA

SFR

RA

A120

APN 121-543-012

WHITE DAVID E

SFR

RA

A120

APN 121-310-014

GEORGE ROBITAILLE

SFR

RA

A120

24'

12'

TERESA M. DALLAPE, TRUSTEEOF THE TOMMY AND TERESA

DALLAPE TRUST, DATEDFEBRUARY 9, 1976

TACRD INVESTMENTS L.P.

SOURCE OF SURVEY:TOPOGRAPHIC SURVEY BY:

CORREIA SURVEYING, INC.

DATED 8/2013

1530 CONSUMER CIRCLE, UNIT B

CORONA, CA 92880

(909) 549-8420

UTILITIES

GAS:

SOUTHERN CALIFORNIA GAS COMPANY

1981 WEST LUGONIA AVENUE

REDLANDS, CA 92373

(909) 335-7750

ELECTRIC:

SOUTHERN CALIFORNIA EDISON

1351 E FRANCIS ST.

ONTARIO, CA 91761

(909) 930-8431

WATER & SEWER:

CITY OF NORCO

2870 CLARK AVENUE

NORCO, CA 92860

(951)270-5678

CABLE:

CHARTER

7337 CENTRAL AVENUE

RIVERSIDE, CA 92504

(951)-343-5100 EX. 4156

TELEPHONE:

AT&T

1265 N. VAN BUREN ST.

RM. 180 ANAHEIM, CA

92807

(714)666-5503

SFR

RA

A120

CL

C L

FH

MH

MH

MH

FH

MH

MH

MH MHFH

MH

MH

MH

FH

MH

MH

MH

MH

MH

MH

APN 121-110-001

CITY OF NORCO

VACANT

OS

PL

APN 121-110-002

SHEPARD DARYL/

SHEPARD ROBIN

SFR

RA

A-120

APN 129-060-008

ORANGE COUNTY FLOOD

CONTROL DIST.

VACANT

RA

A120

APN 129-060-009

RHODES AMELIA L

SFR

RA

A120

APN 129-060-005

BLECK K & S FAMILY

2013 TRUST

SFR

RA

A120

APN 129-060-004

COWELL DANIEL C/

COWELL MAUREEN

JANE

SFR

RA

A120

APN 129-060-003

OGIER CLINTON

SFR

RA

A120APN 129-060-002

STEW ART VON

SFR

RA

A120

0.5%

P.L.

EXISTING STRUCTURE

PROPOSED DECOMPOSED

PROPOSED AC STREET

GRANITE EQUESTRIAN TRAIL

P.L.

RA RESIDENTIAL AGRICULTURAL GENERAL

PLAN DESIGNATION

OS OPEN SPACE ZONE

PL PUBLIC LANDS ZONE

A120 AGRICULTURAL LOW DENSITY ZONE

SFR SINGLE FAMILY RESIDENCE

P PARKS GENERAL PLAN DESIGNATION

PROPOSED CORRAL FENCE

BEING A SUBDIVISION OF LOTS 47,48,49,& 50 AND PORTION OF LOTS 43,44,45,& 46, PORTIONS OF ALL ADJOINING ALLEYS & STREETS ANDA PORTION OF THE PROPOSED P.&E.R.R. DEPOT GROUNDS, AS SHOWN ON MAP OF THE TOWN OF AUBURNDALE, ON TILE IN BOOK 6PAGE 21 OF MAPS, RECORDS OF SAN BERNARDINO COUNTY, STATE OF CALIFORNIA

APN 129-081-002

PFEIFFER MARY P/

PFEIFFER ORIEN T

SFR

RA

A120

APN 129-081-009

CHESLAK BERNARD J

SFR

RA

A120

APN 129-081-008

HERNANDEZ JOHN G/

HULLEY ELIZABETH

SFR

RA

A120

APN 129-081-007

OBRYAN GEORGE E/

OBRYAN PATRICIA

SFR

RA

A120

APN 129-081-006

PATERSON JEFFREY M/

PATERSON SUSAN B

SFR

RA

A120

APN 129-081-005

CITY OF NORCO

PARK

OS

P

APN 129-081-004

NORCO COMMUNITY

SERVICE DISTRICT

PARK

OS

P

PROPOSED 64,000 CF

INFILTRATION BASIN

FOR WATER QUALITY

TREATMENT

TYP.

1

2

3

4

PROPOSED

DRIVEWAY FOR

BASIN MAINTENANCE

10°19'10" 3000.00'540.32' 270.90'

D L R T

C1

C1

46

°57

'08

"W

N43°09'18"E

EXISTING RESIDENCE TO REMAIN

EXISTING 6' HIGH BLOCK WALL TO REMAIN

EXISTING 5' HIGH WROUGHT IRON FENCE TO BE REMOVED

EXISTING 5' HIGH WOOD FENCE TO BE REMOVED

EXISTING OVERHANG TO REMAIN

EXISTING 6' HIGH CHAIN LINK FENCE WITH BARBED WIRE TO BE REMOVED

EXISTING 6' HIGH CHAIN LINK FENCE TO REMAIN

EXISTING 5' HIGH BARBED WIRE FENCE TO BE REMOVED

EXISTING 6' HIGH CHAIN LINK FENCE WITH BARBED WIRE TO REMAIN

EXISTING PCC DRIVEWAY TO REMAIN

EXISTING TANK TO BE REMOVED

EXISTING BUILDING/CANOPY TO BE REMOVED

EXISTING TREE/PALM - SEE PRE-DEVELOPMENT TRIBUTARY MAP FOR SIZE, TYPE & DISPOSITION

12

1

2

1

2

3

3

4

12

5

3

121212

1212

6

7

12

8

8

88

8

2

12

12

9

10

10

11

12

5

2

4

11

11

3 3

21

3.7

6'

PPPPPPPPPPPP

PP

PP

PP

PP

PP

PP

PP

PP

20'

96

'

152' 437'

58

'

20'

62

'8

4'

188'

316'

80'

8'

82'

206'

N43°09'20"E 1605.41'

N36°1

9'0

0"W

6

98.4

4'

PP

7

96

'

313'

8°45'56" 3091.50'472.96' 236.94'C2

C2

82

'

261'

248'

294'

PP

PP

PP

PP

PP

34'

PP

PP

4

2

9

N36°1

9'0

0"W

13

6

198'

P.L.

(71.8

)

(72.0

)

10'

36'

43'

600 120

SCALE: 1"=60

PP

PROJECTSITE

TYP.

TYP.

TYP.

FH

TYP.

TYP.

TYP.

TYP.

TYP.

TYP.

TYP.

TYP.

TYP.

2

72'

46'

EXISTING

WELL

13

(64.7MH)(60.5INV)

60.8INV

(63.9MH)

73.9

MH

75.1MH

84'

26 23

19

18

16

65

2

21

25

17

27

31

32

22

24

98 10

11

12

1314

15

1

4

28

7

3

20

91

'9

6'

135'

120'

366'

443'

96

'

96

'8

2'

96

'9

1'

91

'9

6'

95

'9

6' 96

'8

2'

91

'

23

'

19

7'

136'

34'

81'72' 56'

72'

80'

22'

83'

39

'

47'

50'

21' 20'20'

80'

47'

0.5

%

0.5

%

71'

12'

24'

36'

18'

18'

18'

6'

0.5

%

71.3FS

65.3IN

V71.0

MH

(64.6)

75.6FS

51,550 SF

44,835 SF PAD

PAD (71.0)

22,152 SF LOT

20,035 SF PAD

PAD 71.3

33,002 SF LOT

31,763 SF PAD

PAD 71.2

23,221 SF LOT

19,801 SF PAD

PAD 69.7

22,526 SF LOT

19,801 SF PAD

PAD 71.0

22,525 SF LOT

19,801 SF PAD

PAD 73.4

22,525 SF LOT

19,801 SF PAD

PAD 73.9

PAD 74.4

25,431 SF PAD

28,035 SF LOT29,963 SF LOT

27,329 SF PAD

PAD 75.0

PAD 75.5

27,198 SF PAD

32,224 SF LOT

PAD 75.9

25,625 SF PAD

53,023 SF LOT

PAD 76.3

25,664 SF PAD

53,107 SF LOT

PAD 76.9

31,340 SF PAD

49,855 SF LOT

PAD 77.7

47,887 SF PAD

55,859 SF LOT

PAD 70.4

19,800 SF PAD

22,528 SF LOT 22,526 SF LOT

19,801 SF PAD

PAD 71.9PAD 71.4

19,801 SF PAD

22,526 SF LOTPAD 72.4

19,801 SF PAD

22,525 SF LOT

PAD 72.9

19,801 SF PAD

22,525 SF LOT

243'

6' 18'

6'

243'

33'

15'18'15'

12'3'12' 3'

266'

63.7FL

5.4%

9'21'55'

30'

N36°3

7'5

1"W

R=38'

R=

112'

R=200'

R=38'

R=

112'

71.0FL

71.5TC

74.3

C L

102'

45'

245'

296'

95'

R/W

EXISTING

R/W

PROPOSED 76.3

FL

76.8

TC

145'

91'

243'

132'

68.9FL 134'

FLOW

FLOW

28

3'

245'

245'243'

109'

243'

243'

230' 230'

243'

245'

FH

FH

FHFH

33'

24' 36'

18' 18'

18'

24'

59.0 BOTTOM

TYP.

GB

67.9

CL

25' BSL

25' B

SL

60

' BSL

10' BSL

25

' BSL

CATCH BASININLET

PROPOSEDPROPOSED

LOT A29,243 SF

173'65.0 TOP

EASEMENT

WIDE DRAINAGE

PROPOSED 10'

11'

24'18'

18'

36'

6'

6'

15

'

14

5'

24' 29'

25'

12'

23'32'

138'

80'

12'

12'

91'

262'

(71.0

)

(70.6)

71.0

C L1

.1%

EXISTING CATCH BASIN

2

2

7

PROPOSED TRAFFIC

SIGNAL @ INTERSECTION

PROPOSED TRAIL

EXISTING POWER POLE

TO BE RELOCATED

PROPOSED TEMPORARY 900 CF INFILTRATION BASIN

FOR WATER QUALITY TREATMENT OF STREET RUNOFF

TO BE MAINTAINED BY DEVELOPER UNTIL EITHER CITY

DEVELOPS SITE OR BLUFF STREET IS DEVELOPED

PROPOSED 6'

TUBULAR STEEL FENCE

AROUND BASIN

18'12'

7

30'

30'

9/3/15

HP

91'

24

7'

(66.8

)

(67.0

)

(67.3

)

(68.0

)

(68.0

)

(68.9

)

(69.0

)

(70.0

)

(70.0

)

PROPOSED 4'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

24

6'

0.5

%

72.1CL69.3CL

91' 91' 91' 91' 91'

14

6'

155'

91' 91' 91' 91' 91' 91' 91'103'

24

7'

24

7'

24

7'

24

7'

24

7'

24

7'

24

7'

96

'

LOT B26,086 SF

67.7INV

73.4MH

74.1MH

68.4INV

69.5INV

72.0

MH

66.4

INV

70.6

MH

65.0

INV

69.2

MH

63.5

INV68.5MH

62.8INV

R=174'

R=260'

132'

(74.0)

(74.0)

64.0 HWL

27'

F

C

C

456'

B

D

D

PROPOSED 4'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

VARIES

10'-16'

4:1

4' 2'FLOW

EXISTING

GROUND

EASEMENT

RIBBON GUTTER

PROPOSED 4' WIDE

SECTION D-DNTS

P.L.

EXISTING

GROUND

VARIES

66.8-67.0

2"

EXISTING

6' BLOCK

WALL

3.33'

6'PROPOSED

PAD 69.7

FLOW

P.L.

6'

SECTION E-ENTS

BLOCK WALL

R=25'

R=25' R

=25' R

=25'

PROPOSED 5,500 CF

INFILTRATION BASIN

PROPOSED HEADWALL

EMERGENCY OVERFLOW

TO STORM DRAIN

4:1

4:1

4:1

4:1

66.5

BOTT

OM

67.8

MH

62.1

INV

23,611 SF LOT

20,127 SF PAD

PAD 72.4

23,252 SF LOT

19,805 SF PAD

PAD 71.9

3023,246 SF LOT

19,800 SF PAD

PAD 71.4

2923,151 SF LOT

19,812 SF PAD

PAD 71.0

23,141 SF LOT

20,355 SF PAD

PAD 73.7

23,236 SF LOT

20,408 SF PAD

PAD 74.2

10' BSL

23,243 SF LOT

20,442 SF PAD

PAD 74.7

22,203 SF LOT

19,918 SF PAD

PAD 75.1

22,345 SF LOT

19,803 SF PAD

PAD 75.2

23,391 SF LOT

20,268 SF PAD

PAD 74.8

23,386 SF LOT

20,125 SF PAD

PAD 74.3

23,457 SF LOT

20,466 SF PAD

PAD 73.9

68.2

INV

PROPOSED 6'

TUBULAR STEEL FENCE

AROUND BASIN

PROPOSED

RETAINING WALL

WITH 6' BLOCK WALL

PROPOSED 4'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

PROPOSED 4'-8" HIGH

RETAINING WALL WITH

6' BLOCK WALL

HIGH RETAINING

WALL WITH 6'

R=218'R=182'

R=192'

R=156'

R=278'

R=242'0.5

%

10" WATER

4" RECLAIMED

WATER

WATER

4" RECLAIMED

10" WATER

WATER

4" RECLAIMED

10" WATER

8" SEWER

4" SEWER

LATERAL (TYP.)

4" SEWER

LATERAL (TYP.)

8" SEWER

WIDE CHAIN

LINK GATE

70.5TOP

69.5

HWL

3'

PAD 76.1

23,251 SF PAD

31,371 SF LOT

(77.0

)

P.L.

12'

P.L.

VARIES

1'-3'

2'

EXISTING

GROUNDPROPOSED

TRAIL

SECTION C-CNTS

PROPOSED 4'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL3'

2'

PROPOSED 3'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

A

A

BLOCK WALL

WALL WITH 6'

HIGH RETAINING

PROPOSED 6'

P.L.

SECTION A-ANTS

EXISTING

GROUND2"

6'

FLOW

PROPOSED

RETAINING WALL

WITH 6' BLOCK WALLVARIES

0'-6'

F

B

PROPOSED 6'

BLOCK WALL

(NO RETAINING)

A120

RA

ACADEMY

STONE BRIDGE CHRISTIAN

PASLEY LYNETTE

PASLEY LARRY/

APN 129-060-007

SECTION B-BNTS

EXISTING

GROUND

2"PROPOSED

PAD

FLOW

PROPOSED RETAINING

WALL WITH 6' BLOCK WALLVARIES

0'-5'4"

(71.0)(71.9

)(71.1) (71.3)

(71.4)

(71.8)

PROPOSED

5'-4"HIGH

RETAINING

WALL WITH 6'

BLOCK WALL

PROPOSED 3'

WIDE RIBBON

GUTTER

GUTTER

WIDE RIBBON

PROPOSED 3'

PROPOSED

DRIVEWAY FOR

BASIN MAINTENANCE

EXISTING 15'

PROPOSED 3'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

PROPOSED

PAD PROPOSED

PAD

PROPOSED PAD

LC

NTS

P.L.

TYPICAL X-SECTION

STREET 'B'

P.L.

TRAIL

CURB AND

GUTTER

3' 18' 18' 3' 12'

66'

EQUESTRIAN

CORRAL

FENCE

12'

TRAIL

CURB AND

GUTTER

EQUESTRIAN

CORRAL

FENCE

LC

NTS

P.L.

TYPICAL X-SECTION

STREETS 'A' & 'C'

P.L.

CURB AND

GUTTER

6' 18' 18' 6'

60'

12'

TRAIL

CURB AND

GUTTER

EQUESTRIAN

CORRAL

FENCE

36' 24' 33' 33'

PROPOSED COMMON LANDSCAPEAREA

PROPOSED SLOPE GREATER

THAN 2' IN HEIGHT

PROPOSED HEADWALL

EMERGENCY OVERFLOW

TO STORM DRAIN

73

72

22'

55' 55'

43'43'12'

32' 23'

LCEX.

R/WPROPOSED

R/W

EX.

R/W

RIVER ROADNTS

EXISTING

CURB &

GUTTERPROPOSED

AC PAVING

PROPOSED

CURB &

GUTTEREXISTING

AC PAVING

E

E

PROPOSED

RIBBON

GUTTER

G

G

H

H

PROPOSED 3.33'

P.L.

EXISTING

GROUND

68.0

2"

EXISTING

6' BLOCK

WALL

3.33'

6'PROPOSED

PAD 71.4

FLOW

SECTION F-FNTS

BLOCK WALL

HIGH RETAINING

WALL WITH 6'

PROPOSED 3.33'

P.L.

EXISTING

GROUND

70.0-71.0

2"

EXISTING

6' BLOCK

WALL

4'

6'PROPOSED

PAD 73.9

FLOW

SECTION G-GNTS

P.L.

EXISTING

GROUND

71.8-72.0

2"

EXISTING

6' BLOCK

WALL

3.33'

6'PROPOSED

PAD 75.0

FLOW

SECTION H-HNTS

BLOCK WALL

HIGH RETAINING

WALL WITH 6'

PROPOSED 3.33'

PROPOSED 4'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

PROPOSED 3.3'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

PROPOSED 4'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

PROPOSED 3.33'

HIGH RETAINING

WALL WITH 6'

BLOCK WALL

197'

97'

51'

4:1

208'

365'

'B' MAINTENANCE

PROPOSED 12' WIDE

EASEMENT FOR LOT

EXISTING

AC BERM

2'12'

13

3

10%

10%

2:1

2:1

2:1

4:1

4:1

4:1

4:1

4:1

4:1

4:1

4:1

4:1

37'

276'

PROPOSED PRIMARY ANIMAL KEEPINGAREA (PAKA)

City of Norco

City of Norco

J.D. Ranch | Norco

1EXECUTIVE SUMMARY

11

Site DetailLO C AT I O N

The project in located in the City of Norco, one block north of the intersection of River

Road and Corydon Avenue. The site can be accessed from the 91 Freeway via Serfas Club

Drive or Lincoln Avenue.

M U N I C I PA L I T Y

City of Norco, Riverside County

A S S E S S O R ’S PA R C E L N U M B E R

121-110-003

AC R E S

26.22 Acres

P R O P E R T Y U S E

31 Single Family Residential

T R AC T M A P

Approved Tentative Tract Map Number 36717

U T I L I T I E S

Electric: Southern California Edison

Water & Sewer: City of Norco

Cable: Charter

Telephone: AT & T

Gas: Southern California Gas Company

S C H O O L S

The schools designated to the subject lots are all within the highly desired Corona-Norco

Unified School District. They are as follows:

• Washington Elementary (K-6)

• Aurburndale Intermediate (7-8)

• Norco High School (9-12)

*Buyer to verify schools. Detailed school exhibit on page 21.

LOT M AT R I X

NO. LOT SIZE PAD SIZE NOTESLot 1Lot 2Lot 3Lot 4Lot 5Lot 6Lot 7Lot 8Lot 9

Lot 10Lot 11Lot 12Lot 13Lot 14Lot 15Lot 16Lot 17Lot 18Lot 19Lot 20Lot 21Lot 22Lot 23Lot 24Lot 25Lot 26Lot 27Lot 28Lot 29Lot 30Lot 31Lot 32

51,55022,15233,00223,22122,52822,52622,52622,52622,52522,52522,52522,52528,03529,96332,22453,02353,10749,85555,85931,37123,45723,38623,39122,34522,20323,24323,23623,14123,15123,24623,25223,611

44,83520,03531,76319,80119,80019,80119,80219,80319,80419,80519,80119,80125,43129,32927,19825,62525,66431,34047,88723,25120,46620,26820,26819,80319,91820,44220,40820,35519,81219,80019,80520,127

Seller to retain.

2 PROPERTY OVERVIEW

The

Hoffman

Company


Close Up Vicinity Aerial

RIVER R

D

VINE

AVE

SUNDANCE LN

NORCO VILLAGEOpening Fall 2017

-Under Construction-

CORYDON ST

PRADO BASIN PARKEASTVALE

CORONA PARK &EQUESTRIAN

ARENA

SUNDANCE PARK

BLUFF ST

City of Norco

City of Norco

EXISTINGSIGNAL

EXISTINGSIGNAL

FUTURESIGNAL

FUTURESIGNAL

J.D. Ranch | Norco

2PROPERTY OVERVIEW

13

City of

Norc

o

City of

Norc

o

future road

SUNDANCE PARK

RIVER RD

VINE AVEPREAKNESS W

AY

SUNDANCE LN

BLUFF

ST

Close Up Aerial with TTM Overlay

PARK &EQUESTRIAN

ARENA

2 PROPERTY OVERVIEW

The

Hoffman

Company


Norco Horse Trails Exhibit

Source: www.californiatrailmap.com

HORSE TRAIL

J.D. Ranch | Norco

2PROPERTY OVERVIEW

15

Norco Horse Trails Exhibit

RIVER RD

SUNDANCE LNCORYDON AVE

BLUFF

ST

HORSE TRAIL

City of Norco

City of Norco

City of Norco

3AREA OVERVIEW

17 J.D. Ranch | Norco

Area Attractions Map

RIVERSIDE

FONTANA

COLTON

JURUPA VALLEY

ONTARIO

EASTVALE

CHINO

NORCO

UPLAND

CORONA

POINTS OF INTEREST

Ontario Mills Mall

LA/Ontario International Airport

Victoria Gardens

Auto Club Speedway

The Cove /Jurupa Aquatic Center

Jurupa Hills Country Club

Paradise Knolls Golf Course

Galleria at Tyler

Castle Park

Mission Inn

Downtown Riverside

Riverside City College

University of California, Riverside

Crossings at Corona

Shops at Dos Lagos

Chino Airport

Prado Regional Park

Chino Hills State Park

Mt. Rubidoux

La Sierra University

George Ingalls Equestrian Event Center

Dos Lagos Golf Course

Champions Club at The Retreat

18

CHINO HILLS STATE PARK

S O U T H T O T E M E C U L A

N O R T H T O V I C T O R V A L L E Y

WES

T TO O

RAN

GE/LA C

OU

NTIES EA

ST

TO

CO

ACH

ELLA

VAL

LEY

10

10 10

15

15

215

215

60

91

71

1

16

3

18

5

20

7

22

23

9

11

13

15

2

17

4

19

6

21

8

10

12

14

4

2

3

16

PRADO VIEWREGIONAL PARK

17

Ingalls Equestrian Event Center

21

7

20

5

D OW N T OW N

11 10

12 13

89

142215

23

MT RUBIDOUX

196

1

3 AREA OVERVIEW

The

Hoffman

Company


City of Norco Info & Demographics

NORCO

State

County

Mayor

Incorporated

Website

Historical Annual Growth

Forecasted Annual Growth

0.1%

0.4%

California

Riverside

Kevin Bash

December 28, 1964

www.norco.ca.us

C I T Y I N F O : N O R C O P O P U L AT I O N ( 2 016 ) T O P S C H O O L S B Y A P I S C O R E

W E AT H E R C I T Y M O T T O

C I T Y O F N O R C O : T O T A L P O P U L AT I O N

Source: wikipedia.org and www.norco.ca.us Source: weather.com

Source: Zonda Source: Zonda

Source: Zonda; US Census; Nielsen; Meyers Research LLC

27,213

Total Population

No. of Households

Median Household Income

Homeownership Rate

Median Age

School

Elementary: Highland

Middle: Norco Intermediate

High: Norco

January Average

July Average

Precipitation

27,213

7,060

$86,480

81.2%

39.5

2013 API

834

800

804

High 68º, Low 42º

High 92º, Low 60º

High 12.1”HorseTown USA

3AREA OVERVIEW


Area School Exhibit: Corona-Norco School District

WASHINGTON ELEMENTARY1220 W Parkridge AveNorco, CA 92860 T (951) 736-3326Grades: K-6

HIGHLAND ELEMENTARY2301 Alhambra Street,Norco, CA 92860 T (951) 736-3308Grades: K-6

AURBURNDALE INTERMEIDATE1255 River Rd,Corona, CA 92880T (951) 736-3231Grades: 7-8

NORCO INTERMEDIATE2711 Temescal Ave,Norco, CA 92860 T (951) 736-3206Grades: 7-8

NORCO HIGH SCHOOL2065 Temescal Ave,Norco, CA 92860 T (951) 736-3241Grades: 9-12

*BUYER TO VERIFY SCHOOLS

1

2

3

4

5

HAM

NER

AVE

CORYDON AVE RIVER RD

ARCH

IBALD

AVE

15

3

AURBURNDALEINTERMEDIATE

1

WASHINGTONELEMENTARY

4

NORCOINTERMEDIATE

2

HIGHLANDELEMENTARY

5

NORCOHIGH SCHOOL

This site is in the very desireable

CORONA-NORCOUNIFIED SCHOOL DISTRICT

3 AREA OVERVIEW

The

Hoffman

Company


Norco Village Approved Retail Adjacent to Site

NORCOVILLAGE

125,000 SFNeighborhoodRetail Center

Opening 2017

Northwest corner ofRiver Road and Corydon Street,

Norco, CA

3AREA OVERVIEW


Area Retail

RIVER RD

2ND ST

LINC

OLN

AVE

MAIN ST

HAMNER AVE

CORY

DON

AVE

15

HIDD

EN

VALLEY PKWY

MOUNTAIN AVE

NORCO VILLAGE - Opening 2017

BOWLING

3 AREA OVERVIEW

The

Hoffman

Company


91 Freeway Project

The Riverside County Transportation Commission (RCTC) and its project partners are moving “Fast Forward” with the 91 Project. Extending from the Riverside County/ Orange County line in Corona to Pierce Street in Riverside, the 91 Project will add regular lanes, tolled express lanes and connectors and improve interchanges, bridges, ramps and local streets. New connections between the 91 and Interstate 15 also will be made.

These improvements are designed to reduce delays, offer a choice between regular lanes and express lanes, allow faster emergency response, relieve local street congestion and provide better access to public transit and trails.

Environmental approvals for this $1.4 billion project were received in late 2012. A design-build approach is allowing the same firm to finalize the design and construct the project, speeding up delivery by three to four years. Construction began in early 2014, with new lanes anticipated to open by 2017.

SOUTHERN CALIFORNIA, PROJECT LOCATION

BY THE NUMBERS

90:

16,200:

$1.4 billion:

$664 million:

3-4:

280,000:

80:

Number of minutes that express lane users can expect to

reduce their round-trip commute during peak hours.

Number of jobs the 91 Project is forecast to create, with about

4,600 related to project construction.

Total project cost, provided by a combination of federal, state

and local sources, as well as toll revenue bonds.

Design-build contract amount.

Number of years saved by using a design-build approach,

compared to a traditional design-bid-build approach.

Average number of vehicles that travel the 91 each day. This

number is expected to grow by another 140,000 by 2035.

Percent of Orange County 91 Express Lane users who said they

plan to use the new RCTC tolled express lanes.

3AREA OVERVIEW


91 Freeway Project

91 PROJECT IMPROVEMENTS

3 AREA OVERVIEW

The

Hoffman

Company


71/91 Interchange Project This estimated $118 million project is a major element of RCTC’s 10-year Measure A delivery plan and a high priority within the region.

The 71/91 Interchange is a significant source of traffic congestion in the area, and this project is designed to reduce this congestion, enhance the

safety of motorists, support the movement of goods, and improve mobility and connections between the two freeways and among the counties

of Riverside, Orange and San Bernardino.

RCTC has begun the Project Report and Environmental Document process.

Work on the preliminary engineering and environmental document began in spring 2008. The Project Report and Environmental Document

phase involves studying proposed improvements to the 71/91 interchange between the Green River Road interchange and the Serfas Club Drive/

Auto Center Drive interchange in Corona.

The project would:

• Replace the existing single-lane connection between eastbound SR-91 and northbound SR-71 with a new, two-lane, direct flyover ramp.

• Build a new, separate eastbound road just south of and parallel to SR-91 to provide improved access between the Green River

Road interchange and the SR-91/SR-71 interchange.

3AREA OVERVIEW


71/91 Interchange Project

City of Norco

4MARKET OVERVIEW


71

55

60

91

241

$477,667JURUPA VALLEY

$542,500NORCO

$527,125 EASTVALE$863,500

CHINO HILLS

$571,125 CHINO

$485,295ONTARIO RANCH

$1,307,100YORBA LINDA

Data as of June 2016 | Source: Zonda’s Meyers Research

Western Competition: Single Family Median New Home Closing Price

15

4 MARKET OVERVIEW

The

Hoffman

Company


Riverside County Actively Selling Large Lot Projects

AMBER RIDGE ESTATES | CORONA

WARMINGTON AT STELLAN RIDGE | RIVERSIDE

BELLA VISTA ESTATES | RIVERSIDE

ESTATE COLLECTION AT WOODCREST | RIVERSIDE

CITRUS HEIGHTS/HILL CREST | RIVERSIDE

THE GROVES | TEMECULA

1

2

3

4

5

6

OPENED JUN 2015

OPENED APR 2014

OPENED APR 2016

OPENED APR 2015

OPENED APR 2016

OPENED JUN 2014

Product Type: DetachedTotal Homes: 14Total Sold: 13Total Remaining: 1






Price Range: $1,032,900 - $1,210,990Price Per SF: $228 - $240Typical Lot Size: 23,000 SFHouse Size: 4,293 - 5,305 SF

Price Range: $803,900 - $1,150,000Price Per SF: $219 - $313Typical Lot Size: 43,560 SFHouse Size: 3,400 - 3,673 SF

Price Range: $749,990 - $809,990Price Per SF: $168 - $226Typical Lot Size: 10,000 SFHouse Size: 3,315 - 4,442 SF


Price Range: $618,590 - $744,290Price Per SF: $160 - $218Typical Lot Size: House Size: 2,832 - 4,644 SF


HOA: n/aAvg. No. Sales: 1.05

HOA: $163/Mo.Avg. No. Sales: 1.74





Data as of 06/20/16 | Source:

4MARKET OVERVIEW


San Bernardino Actively Selling Large Lot Projects

TOSCANA | RANCHO CUCAMONGA

LA VENTANA | RANCHO CUCAMONGA

CIELO RIDGE | REDLANDS

CHARLESTON ESTATES | REDLANDS

CRYSTAL RIDGE I I | COLTON

1

2

3

4

5

OPENED JUN 2015

OPENED NOV 2014

OPENED JUN 2015

OPENED FEB 2015

OPENED JAN 2014











HOA: n/aAvg. No. Sales: n/a





Data as of 06/20/16 | Source:

CRYSTAL RIDGE HOMES

S O U T H E R N C A L I F O R N I A O F F I C E

18881 Von Karman Avenue, Suite 150

Irvine, California 92612

T 949.553.2020 | F 949.553.8449

www.hof fmanland.comTHE HOFFMAN COMPANYC O A C H E L L A VA L L E Y O F F I C E

777 E Tahquitz Way, Suite 200

Palm Springs, California 92262

T 760.969.7357 | F 949.553.8449

N O R T H E R N C A L I F O R N I A O F F I C E

2121 North California Blvd., Suite 290

Walnut Creek, California 94596

T 925.478.8429 F 949.553.8449

N E VA D A O F F I C E

9205 W Russell Rd, Suite 235

Las Vegas, Nevada 89148

T 702.793.4370

The

Hoffman

Company

Leading the LandBrokerage IndustryC A L I F O R N I A + N E V A D A

City of Norco

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