THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE, BUT IS NOT GUARANTEED BY THE BROKER. ALL DIMENSIONS, SIZES AND FIGURES ARE APPROXIMATE. THE PROPERTY IS SUBJECT TO PRIOR SALE, PRICE CHANGE OR WITHDRAWAL.

8141 E Indian Bend Rd, Suite 103Scottsdale AZ 85250Tel: (480) 443-8570Fax: (480) 443-3736www.westland-properties.com

EXCLUSIVE LISTINGCACTUS GLENN

59th AVE & CACTUS RD | GLENDALE, ARIZONA

LOCATION Site is located North of the Northwest corner of 59th Ave & Cactus Rd,Glendale, Arizona

NUMBER OF ACRES ±8.07 Gross / ±7.5 Net

NUMBER OF LOTS 34 Single Family Lots | 60’ x 100’ | 4.2 DUA

SETBACKS 5’ & 10’ Side Yard (See attached Setback Exhibit for more details)

APPROVED ZONING R1-6 / City of Glendale

SUGGESTED PRICE $1,525,000 | $44,852/Platted & Engineered Lot | $747/LFF

SUGGESTED TERMS Cash. 45-day Feasibility Period with a close of escrow 15 days thereafter.

UTILITIES WaterSewerElectric

City of GlendaleCity of GlendaleSalt River Project

CONTACT Grant D. Helgeson, Don McCaulWestland Properties Group

COMMENTS This is a well-located single family residential infill opportunity in anestablished Glendale neighborhood close to shopping, transportationcorridors and schools. Entellus Construction Services completed anupdated Improvement Cost Estimates in December, 2018. Sellerproviding all Zoning and Final Engineered Subdivision Plat approvalsfor subject property in coordination with Troy Peterson of BowmanConsulting.

W Cactus Rd

N 5

9th

Ave

N 5

9th

Ave

W Cactus Rd

N 6

1st A

ve

N 5

9th

Ave

N 5

7th

Dr

N 6

0th

Ln

N 5

8th

Dr

W Corrine Dr

W Bloomfield Rd

W Larkspur Dr

W Columbine Dr

W Wethersfield Dr

W Shaw Butte Dr

W Charter Oak Rd

N 58th A

veN

62n

d A

ve

W Wethersfield Rd W Wethersfield Rd

W Shaw Butte Dr

W Larkspur Dr N 58th A

ve

N 5

8th

Dr

N 5

9th

Ave

W Bloomfield Rd

W Charter Oak Rd

W Columbine Dr

N 57th Dr

W Corrine Dr

W Charter Oak Rd

CACTUS GLENNPLANNED FOR 34 LOTS | 60' x 100'59th AVE & CACTUS RDGLENDALE, ARIZONA

8141 E Indian Bend Rd, Ste 103 Scottsdale AZ 85250Tel: (480) 443-8570 / Fax: (480) 443-3736www.westland-properties.com

WPG WESTLAND PROPERTIESGROUP|Grant D Helgeson, Broker - Direct: (480) 675-5149

Don McCaul, Broker - Direct: (480) 675-5144

W Cactus Rd

N 5

1st A

ve

N 6

7th

Ave

N 5

9th

Ave

N 7

5th

Ave

W Peoria Ave

N 4

3rd

Ave

W Thunderbird Rd

ASU West

Owens

GNAZ

Suchart

Winco

Sarival Farms

Peoria Village

NHM F&R

ZDI71 Oaks CCC

Moyes

PRI

Tramonto Bello

AIBT

Taylor

Orr

Cactus Glenn

McCoy

Oasis

Lutheran

Gregory

WGC

SterlingKendall

Casitas

Lawson

Victoria Village

Cordry

Side Door

Tudur

Weiters

Mallard

Cactus Park

DC Fox

Albram

Perez

Christy

OllomaniCoury

Laurel CoveDowden

Pimental

CACTUS GLENNPLANNED FOR 34 LOTS | 60' x 100'59th AVE & CACTUS RDGLENDALE, ARIZONA

8141 E Indian Bend Rd, Ste 103 Scottsdale AZ 85250Tel: (480) 443-8570 / Fax: (480) 443-3736www.westland-properties.com

WPG WESTLAND PROPERTIESGROUP|Grant D Helgeson, Broker - Direct: (480) 675-5149

Don McCaul, Broker - Direct: (480) 675-5144

SHEET OF

DATE :

JOB No.

SCALE

© 2017 Westwood Professional Services, Inc.

####

####

####

####

####

HTO

MAB

40'

N/A

WPS

FIN

ALPL

ATCA

CTU

SG

LEN

N59

THAV

ENU

EA

ND

CACT

US

ROAD

GLE

ND

ALE,

ARIZ

ON

A00

1251

510

-26-

2018

12

CACTUS GLENNA PORTION OF THE SOUTHEAST QUARTER OF SECTION 18, TOWNSHIP 3 NORTH,

RANGE 2 EAST, OF THE GILA & SALT RIVER MERIDIAN,MARICOPA COUNTY, ARIZONA

FINAL PLAT

THE EAST LINE OF THE SOUTHEAST 1/4 OF SECTION 18, TOWNSHIP 3 NORTH, RANGE 2 EAST,GILA & SALT RIVER MERIDIAN. WHICH BEARS SOUTH 00 DEGREES 14 MINUTES 44 SECONDSWEST.

1. THIS SUBDIVISION IS LOCATED WITHIN THE CITY OF GLENDALE WATER SERVICE AREAWHICH HAS BEEN DESIGNATED AS HAVING AN ASSURED WATER SUPPLY UNDER A.R.S.SECTION 45-576.

2. ALL NEW UTILITIES AND ALL EXISTING UTILITIES, EXCEPT ELECTRICAL TRANSMISSIONLINES CARRYING 69 KV OR MORE, WITHIN OR CONTIGUOUS TO THIS SITE, SHALL BEPLACED UNDERGROUND.

3. EXCEPT FOR CONSTRUCTION AND IMPROVEMENTS BY GOVERNMENTAL ENTITIES ANDCERTIFIED PUBLIC UTILITIES, CONSTRUCTION AND IMPROVEMENTS WITHINEASEMENTS SHALL BE LIMITED TO ONLY THE FOLLOWING:

a) WOOD, WIRE, OR REMOVABLE SECTION TYPE FENCING.b) CONSTRUCTION, STRUCTURES OR BUILDINGS EXPRESSLY APPROVED IN WRITING

BY ALL PUBLIC UTILITIES AND THE CITY OF GLENDALE WHICH USE OR SHALL USETHE UTILITY EASEMENT.

4. ALL LANDSCAPE TRACTS AND LANDSCAPE WITHIN ARTERIAL AND COLLECTOR STREETSDEDICATED BY THIS PLAT SHALL BE MAINTAINED BY THE DEVELOPMENTHOMEOWNER'S ASSOCIATION.

5. FIRE DEPARTMENT ACCESS AND WATER SUPPLY REQUIREMENTS SHALL BE IN PLACEPRIOR TO THE START OF VERTICAL CONSTRUCTION.

WESTWOOD PROFESSIONAL SERVICES6909 EAST GREENWAY PARKWAY, SUITE 250SCOTTSDALE, AZ 85254TELE: 480-747-6558CONTACT: MICHAEL A. BANTA, RLSEMAIL: MICHAEL.BANTA@WESTWOODPS.COM

EMPIRE RESIDENTIAL COMMUNITIES FUND II, LLC6617 NORTH SCOTTSDALE ROAD, SUITE 101PHOENIX, ARIZONA 85250CONTACT: SHELBY DUPLESSISTELE: (480) 951-2207

NOTES

BASIS OF BEARING

PROJECT OWNER

LAND SURVEYOR

THIS IS TO CERTIFY THAT THE SURVEY AND SUBDIVISION OF THE PREMISES DESCRIBED ANDPLATTED HEREON WAS MADE UNDER MY DIRECTION DURING THE MONTH OF AUGUST,2018; THAT THE SURVEY IS TRUE AND COMPLETE AS SHOWN; THAT THE MONUMENTSSHOWN ACTUALLY EXIST OR WILL BE SET AS SHOWN; THAT THEIR POSITIONS ARECORRECTLY SHOWN; AND THAT SAID MONUMENTS ARE SUFFICIENT TO ENABLE THE SURVEYTO BE RETRACED.

REGISTERED LAND SURVEYOR DATE

CERTIFICATION

DEDICATION

STATE OF ARIZONA SSCOUNTY OF MARICOPA

KNOW ALL MEN BY THESE PRESENTS:THAT EMPIRE RESIDENTIAL COMMUNITIES FUND II, LLC, A DELAWARE LIMITED LIABILITYCOMPANY, AS OWNERS, HAVE SUBDIVIDED UNDER THE NAME OF "CACTUS GLEN”, OF THESOUTHEAST QUARTER OF SECTION 18, TOWNSHIP 3 NORTH, RANGE 2 EAST OF THE GILA ANDSALT RIVER MERIDIAN, MARICOPA COUNTY, ARIZONA, AS SHOWN ON THIS FINAL PLAT. THISPLAT SETS FORTH THE LOCATION AND GIVES THE DIMENSIONS OF THE LOTS, TRACTS, STREETSAND EASEMENTS CONSTITUTING THE SAME, AND THAT EACH LOT, TRACT, EASEMENT ANDSTREET SHALL BE KNOWN BY THE NUMBER, LETTER, NAME OR DESCRIPTION GIVEN EACHRESPECTIVELY ON SAID PLAT.

EMPIRE RESIDENTIAL COMMUNITIES FUND II, LLC, A DELAWARE LIMITED LIABILITY COMPANY,AS OWNERS HEREBY DEDICATES TO THE PUBLIC FOR USE AS SUCH, THE STREETS AS SHOWNON SAID PLAT AND GRANTS THE EASEMENTS FOR THE PURPOSES SHOWN HEREON. WATERAND SEWER EASEMENTS ARE HEREBY DEDICATED TO THE CITY OF GLENDALE IN, OVER ANDUNDER THOSE AREAS DESIGNATED AS SUCH HEREON, FOR THE INSTALLATION,MAINTENANCE, REPAIR AND REMOVAL OF WATER AND SEWER LINES.

ALL TRACTS ARE HEREBY DECLARED AS COMMON AREAS TO BE OWNED AND MAINTAINED BYTHE DEVELOPMENT'S HOMEOWNER'S ASSOCIATION. THE DEVELOPMENT'S HOMEOWNER'SASSOCIATION SHALL ALSO MAINTAIN THE LANDSCAPING IN 59TH AVENUE RIGHT-OF-WAY.

IN WITNESSOF, EMPIRE RESIDENTIAL COMMUNITIES FUND II, LLC A DELAWARE LIMITEDLIABILITY COMPANY, AS OWNER, HAS HEREUNTO CAUSED ITS NAME TO BE AFFIXED AND THESAME TO BE ATTESTED BY THE SIGNATURE OF THE UNDERSIGNED OFFICER THEREUNTO DULYAUTHORIZED THIS __________________ DAY OF ___________________________, 2018.

OWNER/AUTHORIZED SIGNER OWNER/AUTHORIZED SIGNER

}

I HEREBY ACKNOWLEDGE THAT ENGINEERING PLANS FOR PUBLIC IMPROVEMENTSASSOCIATED WITH THIS SUBDIVISION HAVE BEEN APPROVED AND THAT ALL NECESSARYASSURANCES FOR THESE IMPROVEMENTS HAVE BEEN RECEIVED IN A FORM ACCEPTABLETO THE CITY.

CITY ENGINEER OR DESIGNATE DATE CITY OF GLENDALE, ARIZONA

IMPROVEMENT ASSURANCES

FP01 COVER SHEET, DEDICATION & NOTESFP02 FINAL PLAT, TABLES & LEGEND

SHEET INDEX

MICHAEL A. BANTA, RLS 10-26-2018

SITE DATA

GROSS AREA: 351,589 SQ.FT. OR 8.0714 ACRES MORE OR LESS.NET AREA: 326,785 SQ.FT. OR 7.5020 ACRES MORE OR LESS.EXISTING ZONING: R1-6 (SINGLE RESIDENCE)A.P.N.: 200-76-007K

STATE OF ARIZONA SSCOUNTY OF MARICOPA

BEFORE ME THIS DAY OF , 2018,PERSONALLY APPEARED BEFORE ME, THE UNDERSIGNED NOTARY PUBLIC, WHO ACKNOWLEDGEDHIMSELF/HERSELF TO BE OF EMPIRE RESIDENTIALCOMMUNITIES FUND II, LLC, A DELAWARE LIMITED LIABILITY COMPANY, AS OWNER ANDACKNOWLEDGE THAT HE/SHE AS FOR EMPIRERESIDENTIAL COMMUNITIES FUND II, LLC, A DELAWARE LIMITED LIABILITY COMPANY, EXECUTEDTHIS INSTRUMENT FOR THE PURPOSES HEREIN CONTAINED.

IN WITNESS WHEREOF, I HEREUNTO SET MY HAND AND OFFICIAL SEAL.

NOTARY PUBLIC DATE

MY COMMISSION EXPIRES ________________________

IN WITNESSOF, EMPIRE RESIDENTIAL COMMUNITIES FUND II, LLC A DELAWARE LIMITED LIABILITYCOMPANY, AS OWNER, HAS HEREUNTO CAUSED ITS NAME TO BE AFFIXED AND THE SAME TO BEATTESTED BY THE SIGNATURE OF THE UNDERSIGNED OFFICER THEREUNTO DULY AUTHORIZEDTHIS __________________ DAY OF ___________________________, 2018.

EMPIRE RESIDENTIAL COMMUNITIES FUND II, LLC A DELAWARE LIMITED LIABILITY COMPANY

BY: ________________________________________________________________

ITS_________________________________________________________________

ACKNOWLEDGMENT

THE NORTH 381.50 FEET OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OFSECTION 18, TOWNSHIP 3 NORTH, RANGE 2 EAST OF THE GILA AND SALT RIVER BASEMERIDIAN, MARICOPA COUNTY, ARIZONA;

EXCEPT THE WEST 395.00 FEET; AND ALSO

EXCEPT THE EAST 65.00 FEET.

PARCEL MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 18, BEING A CITY OFGLENDALE BRASS CAP IN HANDHOLE FROM WHICH THE SOUTH QUARTER CORNER OFSECTION 18, BEING MARICOPA HIGHWAY DEPARTMENT BRASS CAP IN HANDHOLE BEARSSOUTH 88 DEGREES 56 MINUTES 41 SECONDS WEST, A DISTANCE OF 2634.43 FEET;

THENCE SOUTH 88 DEGREES 56 MINUTES 41 SECONDS WEST ALONG THE SOUTH LINE OFTHE SOUTHEAST QUARTER OF SAID SECTION 18, A DISTANCE OF 922.11 FEET TO THE EASTLINE OF THE WEST 395.00 FEET OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTEROF SAID SECTION 18;

THENCE NORTH 00 DEGREES 16 MINUTES 20 SECONDS EAST ALONG SAID EAST LINE, ADISTANCE OF 55.01 FEET TO THE NORTH RIGHT OF WAY LINE OF CACTUS ROAD AS SHOWNON THE FINAL PLAT OF CACTUS COVE AS RECORDED IN BOOK 544 OF MAPS, PAGE 25,MARICOPA COUNTY RECORDS;

THENCE CONTINUING NORTH 00 DEGREES 16 MINUTES 20 SECONDS EAST (MEASURED)NORTH 00 DEGREES 15 MINUTES 58 SECONDS EAST (RECORD) ALONG SAID EAST LINE ALSOBEING THE EAST LINE OF SAID FINAL PLAT OF CACTUS COVE, A DISTANCE OF 870.41 FEET TOTHE SOUTH LINE OF THE NORTH 381.50 FEET OF THE SOUTHEAST QUARTER OF THESOUTHEAST QUARTER AND THE POINT OF BEGINNING.

THENCE CONTINUING NORTH 00 DEGREES 16 MINUTES 20 SECONDS EAST ALONG SAID EASTLINE, A DISTANCE OF 381.60 FEET TO THE NORTH LINE OF THE SOUTHEAST QUARTER OF THESOUTHEAST QUARTER, ALSO TO THE NORTHEAST CORNER OF THE FINAL PLAT PF CACTUSCOVE;

THENCE NORTH 88 DEGREES 57 MINUTES 15 SECONDS EAST ALONG SAID NORTH LINE OFTHE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER, A DISTANCE OF 856.45 FEET TOTHE WEST LINE RIGHT OF WAY OF 59TH AVENUE BEING 65.00 FEET WEST OF AND PARALLELWITH THE EAST LINE OF THE SOUTHEAST QUARTER;

THENCE SOUTH 00 DEGREES 14 MINUTES 39 SECONDS WEST ALONG SAID RIGHT OF WAYLINE, A DISTANCE OF 381.60 FEET TO THE SOUTH LINE OF THE NORTH 381.50 FEET OF THESOUTHEAST QUARTER OF THE SOUTHEAST QUARTER;

THENCE SOUTH 88 DEGREES 57 MINUTES 15 SECONDS WEST ALONG SAID SOUTH LINE, ADISTANCE OF 856.64 FEET TO THE EAST LINE OF THE FINAL PLAT OF CACTUS COVE AND THEPOINT OF BEGINNING.

SAID PARCEL CONTAINING 326,771 SQUARE FEET OR 7.50 ACRES MORE OF LESS.

LEGAL DECRIPTION ( DOC. 2017-0807434, M.C.R.)

}

UTILITIES

UTILITY PROVIDERWATER AND SEWER CITY OF GLENDALETELEPHONE CENTURY LINKELECTRIC ARIZONA PUBLIC SERVICESCABLE TV COX COMMUNICATIONSGAS SOUTHWEST GAS CORPORATION

*R1-6 DISTRICT MUST PROVIDE PROVIDE A WALL WITH THE MINIMUMHEIGHT OF SIX (6) FEET ALONG THE ABUTTING PROPERTY LINE. THE WALLMUST BE CONSTRUCTED OF DECORATIVE BLOCK OR OTHER FINISHAPPROVED BY THE PLANNING DIRECTOR.

R1-6 DEVELOPMENT STANDARDS

MINIMUM NET LOT AREA 6,000

MINIMUM WIDTH 60

MINIMUM DEPT 100

FRONT SETBACK 15' TO LIVING AREA, 20' TO GARAGES ORCARPORT

REAR SETBACK 20'

SIDE SETBACK 5' & 10' *MINIMUM 15' SEPARATIONBETWEEN BUILDINGS ON ADJACENT LOTS

STREET SIDE 10'

MAX. STRUCTURE HEIGHT 30'

MAX. PERCENTAGE LOTCOVERAGE 40

LANDSCAPE REQUIREMENT 30%

LANDSCAPE BUFFER 15'

VICINITY MAPN.T.S.

N.6

7th

AVE

NU

E

W. CACTUS RD

W. THUNDERBIRD RD

N.5

9th

AVE

NU

E

SITE

APPROVED BY THE MAYOR AND CITY AND COUNCIL OF THE CITY OF GLENDALE, ARIZONATHIS ________ DAY OF _____________________ , 2018

BY:________________________________________________ _____________________________________ MAYOR DATE

BY:________________________________________________ _____________________________________ CITY CLERK DATE

APPROVALS

I HEREBY CERTIFY THAT THIS FINAL PLAT HAS BEEN PREPARED IN GENERAL CONFORMANCETO THE PRELIMINARY PLAT OF THIS SUBDIVISION APPROVAL BY GLENDALE PLANNING ANDZONING COMMISSION, ON SEPTEMBER 6, 2018.

PLANNING ADMINISTRATOR DATE

PRELIMINARY PLAT CONFORMANCE

DIVERSIFIED FUTURE, LLCSHELBY DUPLESSIS13111 N 94TH DRIVEPEORIA, AZ  85381TELE: (602) 679-4438

ENGINEER

S88°57'15"W 65.02'

N88°57'15"E 65.02'

S88°57'15"W 653.16'

S1°0 2'4 5"E23 5.2 8'

N88°57'15"E 653.16'

N1°0 2'4 5"W

2 35. 28'

S88°57'15"W

15

TRACT E

TRACT F

14

13

12

TRACT B1234567891011

24232221

3428 27 26 25

19

30

18

31

17

32

16

33

20

29

TRACT

C

T RACT

D

TRACT A TRACT F

29.78'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'

138.

3 8'

60.0

2 '60

.02 '

60.0

2 '63

.18 '

33.2

0'

32.10'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'44.24'C1

L=4.21'

L=88.87'

L=22.24'

C2

C3

27 .80 '60 .00 '

46 .37 'C4

L=3.48'

L=11

1.46'

C5C6 N88°57'15"E 545.92'

C7 C8

C9

S1 °0 2'4 5"E14 1.7 9'

C10L1C11

S88°57'15"W 676.34'

N1°0 2'4 5"W

1 34. 17'

50.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'60.00'50.00'

L=10.47'L=20.94'

N1°0 2'4 5"W

1 62. 12'

L=20.94'L=10.47'

50.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 50.00'

L=10.47'L=20.94'

S1°0 2'4 5"E16 2.1 2'

L=20.94'L=10.47'

S88°57'15"W 580.00'C12

C13

N88°57'15"E 580.00' C14

C15

TRACT

F

T RACT

F

65' R.O.W.

65' R.O.W.

N1°0 2'4 5"W

9 8.2 7'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

N1°0 2'4 5"W

1 03. 17'

S88°57'15"W 856.66'

N0°

1 6'2

0"E

381 .

60'

N88°57'15"E 99.51'

N88°57'15"E 104.76'

N88°57'15"E 103.38'

N88°57'15"E 98.40'

60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00' 60.00'

S1°0 2'4 5"E98 .38 '

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E10 1.0 6'

S1 °0 2'4 5"E98 .38 '

N1°0 2'4 5"W

9 8.3 8'N

1°0 2'4 5"W9 8.3 8'

1' V.N.A.E.

1' V.N.A.E.

13'P.U.E./P.A.E.

13'P.U.E./P.A.E.

600.00'N88°57'15"E

13' P.U.E.

13'P.U.E./P.A.E.

13'P.U.E./P.A.E.

1' V.N.A.E.

1' V.N.A.E.

13'P.U.E./P.A.E.

196.26'339.66'L5 L7L6

33.16 'TR A

C T

33 .16 'TR A

C T

33 .16 'TR A

C T

33 .16 'TR A

C T

33.16'TRACT

33.16'TRACT

L=48.09'

10' P.U.E./P.A.E.

10' P.U.E./P.A.E.

33.1

7'70

.02'

80.29' 65.02'

24' EMERGENCY ACCESS,DRAINAGE OUTFALL& SEWER EASEMENT

142.88' 24.00'

20' WATERLINE& SANITATION

ACCESS EASEMENT

EX. 8'POWER EASEMENTDOC. 2001-0431830

EX. 8'POWER EASEMENTDOC. 2001-0431830

FIRE HYDRANTEASEMENT

1' V.N.A.E.1' V.N.A.E.

FOUND REBARW/CAP RLS 25408

FOUND NAILAFFIXED TAGRLS 38175

FOUND NAILAFFIXED TAG

RLS 38175

145.31'

1' V.N.A.E.

1306

.98 '

261.

82'

119.

78'

S.V.T.(TYP)

S.V.T(TYP)

W. CACTUS ROAD

E 1/4 COR SEC 18T3N, R2E, G&SRB;FOUND BRASS CAPIN HANDHOLE

CURVE TABLE

CURVE #

C1

C2

C3

C4

C5

C6

C7

C8

C9

C10

C11

C12

C13

C14

C15

C16

RADIUS

25.00'

45.98'

25.00'

25.00'

45.98'

25.00'

25.00'

45.98'

25.00'

20.00'

23.19'

20.00'

20.00'

20.00'

20.00'

45.98'

LENGTH

12.50'

115.32'

10.94'

10.75'

114.94'

12.48'

10.75'

114.94'

12.48'

31.42'

1.08'

31.42'

31.42'

31.42'

31.42'

33.23'

DELTA

28°38'22"

143°42'15"

25°03'53"

24°37'53"

143°13'33"

28°35'40"

24°37'53"

143°13'33"

28°35'40"

90°00'00"

2°40'26"

90°00'00"

90°00'00"

90°00'00"

90°00'00"

41°24'50"

TANGENT

6.38

140.28

5.56

5.46

138.32

6.37

5.46

138.32

6.37

20.00

0.54

20.00

20.00

20.00

20.00

17.38

LINE TABLE

LINE

L1

L2

L3

L4

L5

L6

L7

DIRECTION

N88°57'15"E

S0°14'44"W

S88°57'15"W

S88°57'15"W

N1°02'45"W

N88°57'15"E

S1°02'45"E

DISTANCE

43.01'

20.01'

67.09'

93.18'

9.89'

10.00'

9.89'

AREA TABLE

PARCEL

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

AREA (SQ.FT.)

6,190

6,190

6,190

6,190

6,190

6,190

6,190

6,190

6,190

6,190

6,163

6,202

6,244

6,144

6,055

6,064

6,064

AREA (ACRES)

0.1421

0.1421

0.1421

0.1421

0.1421

0.1421

0.1421

0.1421

0.1421

0.1421

0.1415

0.1424

0.1434

0.1411

0.1390

0.1392

0.1392

AREA TABLE

PARCEL

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

AREA (SQ.FT.)

6,064

6,064

6,064

6,064

6,064

6,064

6,055

6,055

6,064

6,064

6,064

6,064

6,064

6,064

6,064

6,064

6,055

AREA (ACRES)

0.1392

0.1392

0.1392

0.1392

0.1392

0.1392

0.1390

0.1390

0.1392

0.1392

0.1392

0.1392

0.1392

0.1392

0.1392

0.1392

0.1390

TRACT TABLE

PARCEL

TRACT A

TRACT B

TRACT C

TRACT D

TRACT E

TRACT F

AREA (SQ.FT.)

28,600

3,192

1,867

1,867

20,525

62,838

AREA (ACRES)

0.6566

0.0733

0.0429

0.0429

0.4712

1.4426

DESCRIPTION

LANDSCAPE, OPEN SPACE, P.U.E., P.A.E., RETENTION, AMENITIES,WATERLINE & SANITATION ACCESS EASEMENT

LANDSCAPE, OPEN SPACE, P.U.E. & P.A.E.

LANDSCAPE, OPEN SPACE, P.U.E. & P.A.E.

LANDSCAPE, OPEN SPACE, P.U.E. & P.A.E.

LANDSCAPE, OPEN SPACE, P.U.E., P.A.E., RETENTION, SEWERLINE& EMERGENCY ACCES EASEMENT

PRIVATE STREETS, PUBLIC WATER AND SEWER, DRAINAGE,REFUSE COLLECTION, EMERGENCY AND SERVICE VEHICLES.

OWNERSHIP

H.O.A.

H.O.A.

H.O.A.

H.O.A.

H.O.A.

H.O.A.

L=11

1.46'

C5

C61.24'

TRACT A

TRACT F

© 2017 Westwood Professional Services, Inc.

####

####

####

####

####

HTO

MAB

40'

N/A

WPS

FIN

ALPL

ATCA

CTU

SG

LEN

N59

THAV

ENU

EA

ND

CACT

US

ROAD

GLE

ND

ALE,

ARIZ

ON

A00

1251

510

-26-

2018

22

1" = ft.

40'40' 80'

40'

20'0

CITY OF GLENDALE

RIGHT OF WAY

MARICOPA COUNTY RECORDER OFFICE

ASSESSOR PARCEL NUMBER

PUBLIC UTILITY EASEMENT

PEDESTRIAN ACCESS EASEMENT

SUBDIVISION CORNER

SET BRASS CAP FLUSH

FOUND SURVEY MONUMENT ASNOTED

FOUND SURVEY MONUMENT INHANDHOLE

EASEMENT LINE

CENTER LINE

SECTION LINE

RIGHT OF WAY LINE

PROPERTY LINE

LEGEND

P.A.E.

P.U.E.

A.P.N.

M.C.R.

R.O.W.

C.O.G.

GLENDALE FIRST CHURCH OF THE NAZARENEA.P.N. - 200-76-007L

5902 W CACTUS RD, GLENDALE 85304ZONING R1-6

CACT

US

COVE

BOO

K54

4,PA

GE

25,M

.C.R

.ZO

NIN

GR1

-6

LOT 13A.P.N. - 200-76-648

LOT 14A.P.N. - 200-76-649

LOT 15A.P.N. - 200-76-650

LOT 16A.P.N. - 200-76-651

LOT 17A.P.N. - 200-76-652

SCHOOL DISTRICT #11A.P.N. - 200-76-007G

6051 W SWEETWATER AVE, GLENDALE 85304ZONING R1-6

VEHICULAR NON ACCESS EASEMENTV.N.A.E.

N88°57'15"E 856.48'

AVERAGE LOT SIZE: 6,025.61 0.1383

SIGHT VISIBILITY EASEMENTS.V.E.

TOTAL: 118,889 2.7295

THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE, BUT IS NOT GUARANTEED BY THE BROKER. ALL DIMENSIONS, SIZES AND FIGURES ARE APPROXIMATE. THE PROPERTY IS SUBJECT TO PRIOR SALE, PRICE CHANGE OR WITHDRAWAL.

8141 E Indian Bend Rd, Suite 103Scottsdale AZ 85250Tel: (480) 443-8570Fax: (480) 443-3736www.westland-properties.com

CACTUS GLENN59th AVE & CACTUS RD | GLENDALE, ARIZONA

SETBACK EXHIBIT

Meyers Index Rating

SITE REPORT

5902 W Cactus Rd, Glendale AZ 85304

Prepared by Ben Sanchez at Westland Properties Group

ARIZONA

5915902 W Cactus Rd, Glendale AZ 8530433.5993N -112.1877W

1

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Parcel Details

2

PARCEL CHARACTERISTICS

APN

20076007KLot Size

326,772 sq ft

Zoning

R1-6Lot Size

7.50 acres

Land Use

RESIDENTIAL ACREAGE

OWNER INFORMATION

NameEMPIRE RESIDENTIAL COMMUNITIES FUND II LLC

Address6617 N SCOTTSDALE RD #101, SCOTTSDALE AZ, 85250

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Economy

3

Phoenix-Mesa-Scottsdale CBSA Metro Area

JOB GROWTH year-over-year

Nov. 2018 Job Growth:

86,600new jobs

2019 Job Forecast:

63,573new jobs

2015

172,920

57,640

-172,920

-57,640-115,280

-230,560

115,280

0

1999

2011

1995

2007

2020

F19

9120

03

UNEMPLOYMENT RATE

Oct. 2018 Unemployment:

3.9%Unemployment 2019 Forecast:

3.4%

2000

4.0

8.0

12.0

2.0

6.0

10.0

0.0

2020

F19

9020

10

Maricopa County

JOB GROWTHyear-over-year

Dec. 2018 Job Growth:

69,249new jobs

2019 Job Forecast:

61,338new jobs

2002

169,320

-169,320

56,440

-56,440

-225,760

112,880

-112,880

0

2014

1984

1996

2008

2020

F19

7819

90

TOP EMPLOYERS # employees

Banner Health 9,996

American Express 7,269

Honeywell 6,265

Dignity Health 5,570

Bank Of America 5,086

ANNUAL JOB GROWTH BY SECTOR

TTU

3,700

7,400

11,100

14,800

18,500

0NRMPBSOMIHGFEHCON

EMPLOYMENT BY SECTOR

Construction (CON)6.3%

Education & Health (EH)

15.3%

Finance (F)9.2%

Government (G)10.7%

Hospitality (H)11.0%

Information (I)1.8%

Manufacturing (M)6.2%

Other (O)3.1%

Professional & Business Services (PBS)

17.2%

Natural Resource Mining (NRM)

0.1%

Trade, Transport & Utilities (TTU)

19.1%

OFFICE ABSORPTION

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Community

4

Zip Code 85304

HOUSEHOLD INCOME

2019E Median Household Incomes:

$60,395

2019E

64,260

62,370

60,480

58,590

56,700

54,810

52,9202000 2024F

POPULATION BY AGE

2019E Median Age:

38year 9month

85+

2,041.0

4,082.0

1,020.5

3,061.5

5,102.5

0.0

75 to

84

65 to

74

55 to

64

45 to

54

35 to

44

25 to

34

15 to

24

Under 15

POPULATION GROWTH

2019E Population Growth:

0.19%2024F Population Growth:

0.70%

2024F

28,910

28,420

27,930

27,440

25,970

26,950

26,460

2019E20102000

ETHNICITY

Others6.5%

Two Plus3.7%

American Indian1.3%

Pacific Islander0.2%

Asian3.2%

Black3.5%

White63.6%

Hispanic18.0%

HOUSEHOLD GROWTH

2019E Household Growth:

0.36%2024F Household Growth:

1.00%

2024F

9,405

10,830

10,260

9,690

9,120

10,545

9,975

2019E20102000

SCHOOLS score

Desert Valley Elementary School 6/10

Ironwood High School 6/10

CRIME RATE per 1,000 people 85304 Arizona

Total Crime Rate:

38.24 34.43Violent Crime Rate:

2.06 4.1Property Rate:

36.18 30.33

WALKABILITY

Walk Score: 39/100

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Supply

5

Maricopa County

PERMITS last twelve months

Nov. 2018 Total Residential Permits:

24,565 Single-family Multifamily

2004

28,830

57,660

14,415

43,245

72,075

020161988 2000 20121984 1996 2008 20181980 1992

City of Glendale

PERMITS last twelve months

Nov. 2018 Total Residential Permits:

199 Single-family Multifamily

2018

1,110

740

1,850

370

1,480

020172016201520142013201220112010200920082007200620052004

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Supply

6

Sold Out ProjectUpcoming ProjectActive ProjectNEARBY PROJECTS

PROJECTNO BUILDER UNIT SIZE TYPE

Cactus Glen Empire Group - Detached1 -1111111111111111111111

Peoria Village Garrett Walker Homes 1355-2674 Detached2 $204,990 - $259,990222222222222222222222222222222222222222222222

Cholla Parkside Artisan Homes 2.0 1851-2782 Detached3 $315,000 - $370,000333333333333333333333333333333333333333333333333

71 Oaks Courtland Communities - Detached4 -44444444444444444444444444

Sunburst Manor Garrett Walker Homes 1581-2674 Detached5 $182,990 - $219,990555555555555555555555555555555555555555555555555

PRICE RANGE

Hearn Manor Garrett Walker Homes 1870-2674 Detached6 $229,990 - $249,9906666666666666666666666666666666666666666666666666

Tierra Buena II D.R. Horton 2534-3221 Detached7 $356,900 - $389,800777777777777777777777777777777777777777777777

Alice Park Garrett Walker Homes 1315-2827 Detached8 $228,990 - $288,990888888888888888888888888888888888888888888888888888

Tierra Buena D.R. Horton 2025-3207 Detached9 $271,400 - $318,2009999999999999999999999999999999999999999999999999999

Hartford Court Newmark Homes - Detached10 -10101011010101010101010101001000100101001000

Cabrillo Point Lennar 1759-2903 Detached11 -1111111111111111111111111111111111111111111111111111111111111111111111111

Cadence at Park Paseo K. Hovnanian Homes 1979-2640 Detached12 $284,990 - $308,9901211212121212121222212121212222212122212121212212122212212122222222211

Sparrow Ranch Lantana Homes 2169-3246 Detached13 $369,900 - $424,9001313131313131313131313313313131313131313131333313333331333133313331133

Grand Manor Garrett Walker Homes 1355-2674 Detached14 $185,990 - $238,99014141414414141441414141414141414141441414414141414141414144114414141414414444441444444441411

Deer Valley Villas Lantana Homes - Detached15 -151515151515151515155515151515151551515155515151551555515555551515151555

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Sales

7

Maricopa County

Total Home Closings last twelve months

Nov. 2018 Total Home Closings:

114,760Nov. 2018 Total Existing Closings:

99,926Nov. 2018 Total New Closings:

14,834

2009

232,225

185,780

139,335

46,445

92,890

02007 201820052003 20152001 20131999 2011

Tota

l Hom

e Sa

les

City of Glendale

Total Home Closings last twelve months

Nov. 2018 Total Home Closings:

5,761Nov. 2018 Total Existing Closings:

5,506Nov. 2018 Total New Closings:

255

2009

7,935

5,290

13,225

2,645

10,580

02007 2018LTM20052003 20152001 20131999 2011

Tota

l Hom

e Sa

les

85304 Zip Code

Total Home Closings last twelve months

Nov. 2018 Total Home Closings:

657Nov. 2018 Total Existing Closings:

635Nov. 2018 Total New Closings:

22

2009

1,275

1,020

765

510

255

02007 201820052003 20152001 20131999 2011

Tota

l Hom

e Sa

les

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Prices

8

City Of Glendale

CLOSING HOME PRICE

Nov. 2018 Median Detached New:

$265,559Nov. 2018 Median Detached Existing:

$233,742

2009

152,835

305,670

101,890

254,725

50,945

203,780

356,615

2007 2018LTM20052003 20152001 20131999 2011

85304 Zip Code

CLOSING HOME PRICE

Nov. 2018 Median SFD New:

$287,804Nov. 2018 Median SFD Existing:

$228,058

2009

94,210188,420282,630376,840471,050565,260

02007 2018LTM20052003 20152001 20131999 2011

DETACHED AFFORDABILITY

New Existing

2010

25

50

75

100

125

0

2015

2005

2017

CLOSINGS BY PRICE RANGE last twelve months

New Existing

340K

-1.6M

200

50

250

100

150

0

300K

-340K

260K

-300K

220K

-260K

180K

-220K

140K

-180K

100K

-140K

60K-10

0K

20K-60

K

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Distress

9

City of Glendale

HOUSING TRANSACTION VOLUME BY TYPE last twelve months

New Existing Foreclosure Sale Foreclosure NOD

2018LTM

2,720

5,440

1,360

4,080

6,800

02017201620152014

NOTICES OF DEFAULT & FORECLOSURES last twelve months

Nov. 2018 Total Foreclosures:

140Nov. 2018 Notices of Default:

1,030

2009

5,415

3,610

9,025

1,805

7,220

02007 201820052003 20152001 20131999 2011

85304 Zip Code

NOTICES OF DEFAULT & FORECLOSURES last twelve months

Nov. 2018 Total Foreclosures:

15Nov. 2018 Notices of Default:

106

2009

200

400

600

800

1,000

02007 201820052003 20152001 20131999 2011

5902 W Cactus Rd, Glendale AZ 85304, Jan. 03, 2019 Appendix

DEFINITIONS AND METHODOLOGY

All information presented involved the assembly of data sources that we consider to

be reliable, including the Bureau of Labor Statistics, CBRE- EA, Nielsen Claritas,

Public Record Data, Moody's Analytics, Great Schools, U.S. Bureau of the Census,

Zillow, various regional Multiple Listing Service providers, Meyers Research and

Zonda. We do not guarantee any data accuracy as all information is subject to human

errors, omissions, and/or changes.

AbbreviationsCM - Competitive Market

E - Estimated

F - Forecast

Meyers IndexThe Meyers Index is a proprietary index that produces a score ranging from 0 to

1,000 for a geographic area, ranging from the nation to a specific zip code. A higher

index score captures the desirability of housing development for the selected area and

is calculated using specific data sets weighted to interpret the strength of the market.

Such metrics include price appreciation, sales activity, permit activity, demographic

growth, household income levels, school scores, and affordability.

Walk ScoreWalk Score measures the walkability of a zip code from 0 - 100 using a patented

system based on access to amenities, population density and road metrics.

Methodology and full walk score scale can be viewed at https://www.walkscore.com/

methodology.shtml.

Score ranges:0-49 - car dependent area

50-69 - somewhat walkable

90-100 - daily errands do not require a car.

ABOUT US

Meyers Research combines experienced real estate and technology advisors with leading data to provide our clients with a clear perspective and a strategic path forward. Based in Beverly Hills, we are home to 150 experts in 10 offices across the country.

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