THE VISTA AT FOUNTAIN HILLS - LoopNet€¦ · THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS Executive...

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Palisades Blvd Fountain Hills Blvd Shea Blvd Saguaro Blvd Subject EXCLUSIVE LISTING | N-NWC SIERRA MADRE DRIVE & GOLDEN EAGLE BLVD, FOUNTAIN HILLS, ARIZONA THE VISTA AT FOUNTAIN HILLS LOCATION Property is located north of the northwest corner of Sierra Madre Drive & Golden Eagle Boulevard in Fountain Hills, Arizona PRICE $3,500,000 (Seller to allow time for entitlements) SIZE ±29.44 acres (Conceptually Planned for 13 - Minimum One Acre Lots) PARCEL 176-21-488 ZONING R1-43 UTILITIES Power - Salt River Project (SRP) Water - Chaparral City Water Sewer - Fountain Hills Sanitary District Gas - Southwest Gas SCHOOLS McDowell Mountain Elementary School Fountain Hills Middle School Fountain Hills High School Bret Rinehart | [email protected] Ryan Semro | [email protected] Ben Heglie | [email protected] 4900 North Scottsdale Road, Suite 3000, Scottsdale, Arizona 85251 ph. 480.483.8100 | www.landadvisors.com The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. AZMaricopa195331-5.8.18

Transcript of THE VISTA AT FOUNTAIN HILLS - LoopNet€¦ · THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS Executive...

Page 1: THE VISTA AT FOUNTAIN HILLS - LoopNet€¦ · THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS Executive Summary Fountain Hills Demographics Prepared by Esri Fountain Hills, Arizona Latitude:

Palisades Blvd

Fountain Hills Blvd

Shea Blvd

Saguaro Blvd

Subject

EXCLUSIVE LISTING | N-NWC SIERRA MADRE DRIVE & GOLDEN EAGLE BLVD, FOUNTAIN HILLS, ARIZONATHE VISTA AT FOUNTAIN HILLS

LOCATION Property is located north of the northwest corner of Sierra Madre Drive & Golden Eagle Boulevard in Fountain Hills, Arizona

PRICE $3,500,000 (Seller to allow time for entitlements)

SIZE ±29.44 acres (Conceptually Planned for 13 - Minimum One Acre Lots)

PARCEL 176-21-488

ZONING R1-43

UTILITIES Power - Salt River Project (SRP) Water - Chaparral City Water Sewer - Fountain Hills Sanitary District Gas - Southwest Gas

SCHOOLS McDowell Mountain Elementary SchoolFountain Hills Middle SchoolFountain Hills High School

Bret Rinehart | [email protected] Ryan Semro | [email protected] Ben Heglie | [email protected] North Scottsdale Road, Suite 3000, Scottsdale, Arizona 85251 ph. 480.483.8100 | www.landadvisors.comThe information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. AZMaricopa195331-5.8.18

Page 2: THE VISTA AT FOUNTAIN HILLS - LoopNet€¦ · THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS Executive Summary Fountain Hills Demographics Prepared by Esri Fountain Hills, Arizona Latitude:

TOWN OF FOUNTAIN HILLS

One of the community’s most valuable assets is its natural beauty. Incredible views and natural desert terrain provide for a wide range of outdoor activities including hiking, biking, boating and golf. In fact, Fountain Hills contains some of the more challenging hiking trails and picturesque golf courses in the State of Arizona.

The centerpiece of Fountain Hills is its beautiful fountain; one of the world’s tallest man-made fountains. It serves as a focal point for the community and attracts thousands of visitors each year. The fountain was built in 1970 and sprays water for about 15 minutes every hour at the top of the hour. The plume rises from a concrete water lily sculpture in the center of a large man-made lake. When built, it was the world’s tallest fountain and held that record for over a decade.

Fountain Hills is home to nearly 100 pieces of publicly displayed artwork throughout its downtown and at public buildings. Art is a significant part of the Town’s heritage. The eight fountains along the Avenue of the Fountains were the beginning of the public art collection.

Located on 12,996 acres of land, Fountain Hills is surrounded by the 3,500-foot McDowell Mountains and the City of Scottsdale on the west, the Fort McDowell Yavapai Nation on the east, the Salt River Pima Maricopa Indian Community on the south and the McDowell Mountain Regional Park on the north. the Town continues to attract residents who are building large custom homes to take advantage of the scenic vistas surrounding the mountain community.

Fountain Hills was named by Phoenix Magazine as the best place to live in the Valley of the Sun and was cited as “a welcome oasis on the outskirts of a metropolis.”

Fountain Hills also earned a top accolade from the magazine, Business Week naming Fountain Hills the “Best Affordable Suburb” in all of Arizona.

Fountain Hills’ low population density is a major reason it is such a desirable place to live. Unlike other regions of the Valley one can dine, play, and commute, without congestion.

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Bret Rinehart | Ryan Semro | Ben Heglie | 480.483.8100 | www.landadvisors.com

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Bret Rinehart | Ryan Semro | Ben Heglie | 480.483.8100 | www.landadvisors.com

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Bret Rinehart | Ryan Semro | Ben Heglie | 480.483.8100 | www.landadvisors.com

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While the Land Advisors® Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © 2016 The Land Advisors Organization. All rights reserved.

Bret Rinehart | Ryan Semro | Ben Heglie | 480.483.8100 | www.landadvisors.com

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THE VISTA AT FOUNTAIN HILLS CONCEPTUAL LOT LAYOUT

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THE VISTA AT FOUNTAIN HILLS CONCEPTUAL LAND PLAN

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THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS

Site MapFountain Hills Demographics Prepared by EsriFountain Hills, Arizona Latitude: 33.62677Rings: 1, 3, 5 mile radii Longitude: -111.74985

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THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS

Executive SummaryFountain Hills Demographics Prepared by EsriFountain Hills, Arizona Latitude: 33.62677Rings: 1, 3, 5 mile radii Longitude: -111.74985

1 mile 3 miles 5 milesPopulation

2000 Population 2,563 18,316 29,4172010 Population 2,969 20,373 33,9072017 Population 3,188 22,238 36,7282022 Population 3,395 23,914 39,3302000-2010 Annual Rate 1.48% 1.07% 1.43%2010-2017 Annual Rate 0.99% 1.22% 1.11%2017-2022 Annual Rate 1.27% 1.46% 1.38%2017 Male Population 49.7% 48.2% 48.6%2017 Female Population 50.3% 51.8% 51.4%2017 Median Age 57.8 56.8 54.9

In the identified area, the current year population is 36,728. In 2010, the Census count in the area was 33,907. The rate of change since 2010 was 1.11% annually. The five-year projection for the population in the area is 39,330 representing a change of 1.38% annually from 2017 to 2022. Currently, the population is 48.6% male and 51.4% female.

Median Age

The median age in this area is 57.8, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 94.5% 92.4% 89.2%2017 Black Alone 0.8% 1.2% 1.2%2017 American Indian/Alaska Native Alone 0.3% 0.6% 2.9%2017 Asian Alone 2.4% 2.6% 3.5%2017 Pacific Islander Alone 0.0% 0.1% 0.1%2017 Other Race 0.8% 1.2% 1.2%2017 Two or More Races 1.1% 1.8% 1.9%2017 Hispanic Origin (Any Race) 3.8% 4.8% 5.2%

Persons of Hispanic origin represent 5.2% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 28.0 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 1,022 7,729 11,7562010 Households 1,271 9,284 14,5462017 Total Households 1,359 10,112 15,7462022 Total Households 1,445 10,875 16,8702000-2010 Annual Rate 2.20% 1.85% 2.15%2010-2017 Annual Rate 0.93% 1.19% 1.10%2017-2022 Annual Rate 1.23% 1.47% 1.39%2017 Average Household Size 2.34 2.18 2.32

The household count in this area has changed from 14,546 in 2010 to 15,746 in the current year, a change of 1.10% annually. The five-year projection of households is 16,870, a change of 1.39% annually from the current year total. Average household size is currently 2.32, compared to 2.32 in the year 2010. The number of families in the current year is 11,307 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

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THE VISTA AT FOUNTAIN HILLS DEMOGRAPHICS

Executive SummaryFountain Hills Demographics Prepared by EsriFountain Hills, Arizona Latitude: 33.62677Rings: 1, 3, 5 mile radii Longitude: -111.74985

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $90,066 $79,218 $93,7692022 Median Household Income $93,155 $84,660 $100,0752017-2022 Annual Rate 0.68% 1.34% 1.31%

Average Household Income

2017 Average Household Income $122,131 $110,715 $138,7352022 Average Household Income $131,541 $120,933 $149,5442017-2022 Annual Rate 1.50% 1.78% 1.51%

Per Capita Income2017 Per Capita Income $52,228 $50,488 $59,7052022 Per Capita Income $56,164 $55,106 $64,3562017-2022 Annual Rate 1.46% 1.77% 1.51%

Households by IncomeCurrent median household income is $93,769 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $100,075 in five years, compared to $62,316 for all U.S. households

Current average household income is $138,735 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $149,544 in five years, compared to $91,585 for all U.S. households

Current per capita income is $59,705 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $64,356 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 1,106 9,241 13,9062000 Owner Occupied Housing Units 985 6,397 9,8462000 Renter Occupied Housing Units 37 1,332 1,9102000 Vacant Housing Units 84 1,512 2,150

2010 Total Housing Units 1,426 11,575 17,9452010 Owner Occupied Housing Units 1,193 7,475 12,2352010 Renter Occupied Housing Units 78 1,809 2,3112010 Vacant Housing Units 155 2,291 3,399

2017 Total Housing Units 1,472 12,185 18,7972017 Owner Occupied Housing Units 1,258 7,816 12,7952017 Renter Occupied Housing Units 102 2,296 2,9512017 Vacant Housing Units 113 2,073 3,051

2022 Total Housing Units 1,517 12,720 19,5872022 Owner Occupied Housing Units 1,336 8,386 13,6772022 Renter Occupied Housing Units 109 2,490 3,1932022 Vacant Housing Units 72 1,845 2,717

Currently, 68.1% of the 18,797 housing units in the area are owner occupied; 15.7%, renter occupied; and 16.2% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 17,945 housing units in the area - 68.2% owner occupied, 12.9% renter occupied, and 18.9% vacant. The annual rate of change in housing units since 2010 is 2.08%. Median home value in the area is $472,902, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 1.05% annually to $498,193.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

April 24, 2018

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