195 finished lots sanger california -...
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Skip Rollf Sr. Investment Advisor [email protected] 559-375-3332 DRE Lic No. 00957278 Ray Gill [email protected] 559.916.5214 DRE Lic. No. 01868177
1500 Shave Avenue Clovis, CA 93611
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Olive Glen Estates 195 Finished Lots Sanger California Fresno County, CA
Improved Subdivision Opportunity
Land Division
Site Details Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Location: Site is located on the north side of Annadale Avenue, and on the east side of the City of Sanger.
When heading east on Jensen Avenue into Sanger, take a right onto Academy Avenue, south to Annadale Avenue, then east approximately four blocks to Quality Avenue.
Municipality: Sanger, CA Sanger, Fresno County, California, is 16 miles East of Fresno, California (center to center). Owner: Gray-1 Tuscany 91, LLC and Gray 1 Tuscany Residential, LLC Property: This property consists of 195 finished residential lots on 50.83 acres. Condition of Property: Site is in excellent condition, and has been fully fenced off around the entire development . According to the city
engineer, the city may require a retesting of lot soils, and camera review of all sewer and main water piping. Possible replacement of stolen copper wire for street lighting, and broken lights. Lot Sizes: Average Lot Size: 4,500 SF Complete list of lot sizes available upon request. Price: $6,755,000 ($35,000 per finished lot) Escrow: TBD Market: The Sanger market has been very active. The last subdivision to sell out to the north is called, "Stonehaven". A
69 lot, paper lot subdivision, with massive problems, was purchased by a local successful residential developer in May of 2013, and sold out in 24 months.
Several other subdivisions with finished lots ranging from 28 to 50 finished lots have already sold out. Home sales continue to outstrip supply and as of April 1, 2016, the market has been moving higher for several
weeks. This is definitely a Seller's market, and is evident in the brisk and successful sales of several new subdivisions.
Average price per square foot sales has hovered around $126 PSF city wide, but within less than 3/4 of a mile
from the subdivision, 32 home sales were reviewed for sales price, and price per square foot: Average Size: 1,281 SF Average PPSF: $133 PSF According to several successful local residential agents, homes in this area have sold as fast as in one day, to
thirty days, and for the asking price. There is a consensus among all residential agents that the inventory of residential homes is at a all time low.
Active Builders: Monterey Homes (Orchard Park IV-Tract # 5448), Wathen (Mansionnettes Pallisades-Tract # 5166),
Everygreen/GJ Gardener (Royal Woods-Tract # 5383 & Walnut Grove-Tract # 5536), Momentum Homes (Walnut Grove-Tract # 5536) Lennar, 69 Homes.
Olive Glen Estates 195 Finished Lots
Sanger, Fresno County, CA
Land Division
Site Details Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Comps: Presently the only significant sub-divisions with finished lots are Monterey Homes on the south side of Sanger,
with approximately 40 finished lots. Not for Sale. Royal Woods Subdivision presently was purchased by Lennar from Evergreen. Evergreen purchased
approximately 30 finished lots and the subdivision has already been sold out. Not for sale. Olive Glen presently is the only subdivision available for sale providing finished lots in Sanger. Terms of Sale: a. 30-day feasibility period from opening of escrow b. 30 day close. Bonds: NA Remaining Fees: NA School District: Sanger School District Building Fees: Per Building Department, development Impact Fees Estimate: $23,500.00 per finished lot, however, the
planning commission may be willing to approve the original fees of $9,500 per finished lot upon submittal of the continuation of the project to the Sanger City Council.
City Engineer: Josh Rogers
City Engineer (559) 876-6300 Ext. 1560 [email protected]
City Planner: Keith Woodcock City Planner (559) 876-6300 Ext. 1540
[email protected] City Building: Tim Linton Building Official (559) 876-6300 Ext. 1510 [email protected] Contact: Skip Rollf Sr. Investment Advisor BRE: 00957278 [email protected]
(559) 375-3332 Ray Gill Associate Advisor Land Specialist 559.916.5214 BRE # 01868177 [email protected]
Land Division
State Location Map Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
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Aerial Location Map Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Land Division
Sperry Van Ness is a registered trademark of Sperry Van Ness International Corporation. All locations independently owned and operated.
Finished Lots Comp Map
Sanger, Ca
Land Division
Aerial Site Map Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
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Tract Map 5460 Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
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Photographs Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Neighborhood Homes
Subdivision Condition
Model Homes
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3/2016 Real Time Market Profile Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Land Division
3/2016 Real Time Market Profile Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.
Land Division
Demographics Olive Glen Estates
Disclaimer: The information contained herein and attached is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified.