1760 Acres - Arizona Land Baron

1760 Acres
Willcox, Arizona
Josh Moffitt
Senior Land Specialist
Baron Land & Capital LLC
(602) 363-5674
josh@arizonalandbaron.com
www.arizonalandbaron.com
Table of Contents
Section #1: Property Overview
Section #2: Maps
1)
Aerial View of Comps
2)
Google Earth Satellite Photo with overlays (Zoom out)
3)
Google Earth Satellite Photo with overlays (Zoom in)
4)
Google Earth Satellite Photo with overlays (Landscape)
5)
Map of Southeast Arizona
6)
Cochise County Map
Section #3: Comparable Sales and Listed Properties
1)
120 acres on Bell Ranch Road – Sold at $3,500 per acre
2)
20 acres on Bell Ranch Road – Sold at $6,000 per acre
3)
160 acres (part of 1920 total acres) – Sold at $3,800 per acre
4)
160 acres (part of 1920 total acres) – Was in escrow at $3,500 per acre
5)
640 acres
Parcel A –
160 acres Sold at $3,000 per acre
Parcel B & D – 240 acres In Escrow at $3,000 per acre
Parcel C –
160 acres Sold at $3,000 per acre
Parcel E –
80 acres Sold at $3,000 per acre
6)
160 acres on Nichols Ranch Road
Parcel A – 20 acres Sold at $7,000 per acre
Parcel B – 20 acres Listed at $6,000 per acre
Parcel C – 40 acres Listed at $5,000 per acre
Parcel D – 40 acres Sold at $3,400 per acre (to a family member)
Parcel E – 40 acres Listed at $5,000 per acre
Section #4: Area Development Articles and Information
1)
Personal Real Estate Investor Magazine: Bus Tour Article
2)
Sunsites Air Park Subdivision Article
3)
Sunsites Air Park Prospective Plat Map
4)
Sunsites Subdivision Plat Map – Carlton Group (800 homes)
5)
Cashion Thoroughbred Farm Article
6)
Elfrida Equestrian Park Proposed Development
Section #5: Vineyard Articles and Information
1)
Arizona Vines and Wines
2)
Early Pioneer of Oregon / Grapes of Erath
3)
New Wine Law Article
4)
Arizona Highways: Wine Country Tour
Section #6: Growth Report
1)
Cochise County Profile
2)
Willcox Community Profile
Section #7: Due Diligence
1)
Alta Survey
2)
Phase 1 Environmental Site Assessment
3)
Soil Map
1
PROPERTY OVERVIEW
1760 acres situated in the Kansas Settlement area of Willcox, AZ.
(This property was originally a total of 1920 acres. A 160 acre parcel has recently been sold)
Legal Description
Sections 22 & 27 & South half + NW Qtr of 15. Township 17S. Range 26E.
Gila and Salt River Baseline Meridian, Cochise County, Arizona.
Utilities
Power, natural gas and phone on site. Property also has irrigation wells.
Legal Access
County maintained road access.
Zoning
RU-4 (One house per four acres)
Price
$3,000 per acre or $5,280,000 cash.
Location
From Tucson, 70 miles east on I-10 to Hwy 191. South 17 miles to Birch
Road (in town of Sunsites). East five miles to Kansas Settlement Road.
North one mile to Parker Ranch Road. East on Parker Ranch Road;
pavement ends at three miles. County maintained dirt road continues one
more mile then cuts south for one half mile. Continue east one more mile
to Bell Ranch Road. South on Bell Ranch Road for one and half miles to
north east corner of property.
Development in the Area
This property is close to the town of Sunsites which is experiencing
substantial development. The Carlton Group is developing Shadow
Mountain Golf Course, installing a new $15 million sewer system and has
plans to build 1500 homes. Seven hundred of these homes are going to be
in the existing subdivision and 800 homes were just approved with the
zoning change by the Cochise County Board of Supervisors. The new sewer
system that’s being installed is providing for expanded development of the
entire area. An Airpark Subdivision is planned on 480 acres. Planning and
Zoning just approved the airstrip and they are planning 141 upscale homes
for pilots.
Comparable Sales
Comps in the area for 160 acre+ parcels with water and power are at $3,000$3,800 per acre. Comps in the area for 20 to 40-acre parcels are at $5,000$6,000 per acre.
2
E—$3000
E—$3000
S—$3000
S—$3000
S—$3000
L—$6000
S—$3000
L—$6000
AIRPARK SUBDIVISION
L—$5000
S—$7000
L—$5000
S—$3400
S—$3500
SUBJECT PROPERTY
800 HOMESITES
LEGEND
L = list price
S = sold price
E = in escrow
E—$3000
E—$3000
S—$3000
S—$3000
S—$3000
L—$6000
S—$3000
L—$6000
AIRPARK SUBDIVISION
L—$5000
S—$7000
L—$5000
S—$3400
S—$3500
SUBJECT PROPERTY
800 HOMESITES
LEGEND
L = list price
S = sold price
E = in escrow
3
20 (up to 80) acres on Nichols Ranch Road
Acres4u Land & Development
Josh Moffitt · (602) 363-5674 · josh@acres4u.net
160 Nichols Ranch Road, Willcox, AZ
http://listing.loopnet.com/14850368
Price: $6,000/Acre · 20.00 Acres
County:
PropertyType:
Cochise
Land
Residential (land)
Status:
LoopNet ID:
Active
14850368
Property Description
Parcel is a 160 that is being divided into 4 20 acre parcels and 1 - 80 acre parcel (see attached images). One of the 20s (parcel A) has
been sold. There is currently power on the west and south property lines and each of the parcels will have power to the lot line. Only a
mile and a half from Paved road. County mantained dirt road on north side. Alta survey has been completed. Zoned four acre minimum.
Property is partially fenced.
Location Description
From Willcox, go southeast on HWY 186. Turn south on Kansas Settlement rd. Go 14 miles to Parker Ranch road (paved). Go east on
Parker Ranch for 4 miles. Parker Ranch then turns South and comes to the intersection of Parker Ranch and Nichols Ranch. This is the
Northwest corner of the property.
Legal: The Northwest Quarter of the Southwest Quarter of Sec 3, TN 17 S, RG 26 E
Contact
Josh Moffitt
Acres4u Land & Development
Created: 12/4/2006
LoopNet, Inc. © Copyright 1995 - 2006
This information comes from users and sources believed to be reliable, but is not guaranteed.
(602) 363- 5674
20 acres on Bell Ranch Rd.
Acres4u Land & Development
Josh Moffitt · (602) 363-5674 · josh@acres4u.net
Bell Ranch rd and Gaskill rd, Willcox, AZ
Price: $6,000/Acre · 20.00 Acres
County:
Cochise
PropertyType:
Land
Residential (land)
Property Description
20 acres perfect for a 5 split development. Zoned for 5 - 4 acre parcels. Has 3 phase power on 2 sides, so each parcel would have
power to the lot line. Has natural gas and phone too. Fronts county maintained road. Has an irrigation well to provide water to all lots as
well. All level and buildable. Great climate. Boomers and vneyards moving into area. Golf course subdivision nearby.
Location Description
South of Willcox on Kansas Settlement rd. to Parker Ranch rd. 4 miles east to Bell Ranch, then north to property. SW corner of Bell
Ranch rd and Gaskill Rd.
Created: 3/13/2007
LoopNet, Inc. © Copyright 1995 - 2007
This information comes from users and sources believed to be reliable, but is not guaranteed.
4
5
Early pioneer of Oregon’s wine-making
region may repeat himself here
By Kelly Mahoney
Inside Tucson Business
Published on Friday, September 07, 2007
Arizona has its own wine country but the state’s reputation is not one that grabs much attention from
oenophiles.
Dick Erath, founder of Oregon’s Erath Vineyards, may be destined to change the state’s standing in the wine
world.
In 1967, Erath was among the vanguard of
Oregon’s now respected wine-makers when
he moved from California to Dundee Hills,
about 28 miles southwest of Portland. Erath
Vineyards now produces about 53,000 cases
annually of Pinot Noir. The winery
produces another 12,000 cases come from
Pinot Gris, Pinot Blanc and small amounts
of Dry Riesling, Dry Gewürztraminer and
Dolcetto.
Although Erath is still involved with his
Oregon winery, he has sold it. As a
retirement hobby, he has acquired land near
Willcox.
"I started there by acquiring property in ‘04
and ‘05 and with the view towards planning
a vineyard there and a lot of the first
plantings we did in ’06," Erath said.
"Basically it’s a large experiment at this
point. This year in ‘07 I planted another
eight acres with more of an inkling that I
know where I think the varieties will go."
Erath, whose wine-making dates back to
1963, wanted to get away from Oregon’s
winter cold and in 1995 started coming to
the Tucson area each year.
"I got interested in the fledgling Arizona
wine industry − it kind of reminded me of Oregon 30 years ago," Erath said. "I thought that would be a nice
retirement project."
His first vintage in Oregon yielded 216 cases.
After he sold the vineyard, Erath said he was looking for something else to fill the time.
"You only play so much golf," Erath said. "After all these years, I’ve accumulated all this experience. I enjoy
it."
While Erath said his Oregon vineyard was initially trial and error, Willcox will be different.
"Now I’m in a position that I can spend and do it first cabin," he said.
He said he chose Willcox after careful consideration and soil testing.
"I was looking at that area plus the Sonoita area and when I looked at the climate and the soil, I thought it had
a slight advantage over Sonoita," Erath said. "Chemically the balance is very nice."
He is an electrical engineer. And, as one might expect from an engineer, Erath has done a great deal of
experimenting with the land, planting 22 varieties of grapes the first season. He has narrowed that down to
four varieties this season. Next season, he hopes to start producing wine.
"Then I’m just going to sit back and see what happens," Erath said.
In Arizona, Erath is growing Tempenioto, Grenache, Primotivo and Mouvedre grapes using plant materials
from California.
"I think they match the climate the best as we can tell so far. No places are identical, but there are comparable
growing environment form where they come," Erath said. "These varieties do a good job."
Depending on the yield, he said his first year could yield as much as 650 cases from his 200 acres of land.
"It will increase from there," Erath said.
His plan is to produce red table wines.
"I want to see the vintage that comes in what ‘08 looks like," Erath said. "I think the best wines are going to
be blends of several different varieties."
He spends most of his time in Oregon but admits that will begin to change and spend more time in Arizona as
his project progresses.
"We have a local crew to do the various tasks there that we need to get done," Erath said. "I think we’ll spend
more time because it’s going to require a little more oversight."
Erath has set aside space on his land for a facility to produce the wine, but he said he doesn’t know when
he’ll develop it or if Willcox will become a wine tourist destination like Oregon’s Willamette Valley.
"I think the tourism will evolve as the wines evolve," Erath said. "You have to demonstrate to the people out
there that you’re for real and not just a hobby industry. It will probably be beyond my life time."
But he is optimistic about the future of Southern Arizona wines.
"I’ve seen it happen in Oregon and I don’t know why it can’t happen here in Arizona," Erath said. "I think
the future’s very bright that we’re going to be able to do what we want to do."
For others interested in the industry, Erath said now is the time to get involved.
"There’s other land in the area," Erath said. "It’s a very exciting time down there."
6
7
Soil Map–Willcox Area, Arizona Parts of Cochise and Graham Counties
(1920 acres)
623400
624100
624800
625500
626200
625500
626200
3537300
622700
3537300
622000
TuA Gt
Gt
TuA
TuA
3536600
3536600
Gt
Sn
A
3535900
TuA
3535900
TuA
TwA
Mc
Cs
CmA
3533100
Ka
3532400
CmA
Tu
rke
yC
re
ek
622000
622700
0
0
Natural Resources
Conservation Service
400
1,500
623400
800
3,000
3534500
3533800
Ka
Ka
3533800
Cc
Cc
3533100
FoA
Gt
Ka
Ka
3535200
Pr
3534500
Cc
Gt
SnA
Cc
Gs
Gs
CmA
624100
1,600
6,000
Web Soil Survey 2.0
National Cooperative Soil Survey
3532400
CmA
BELL RANCH RD
3535200
TuA
Gr
624800
Meters
2,400
Feet
9,000
7/20/2007
Page 1 of 3
Soil Map–Willcox Area, Arizona Parts of Cochise and Graham Counties
(1920 acres)
MAP LEGEND
Very Stony Spot
Area of Interest (AOI)
Area of Interest (AOI)
Wet Spot
Soils
Soil Map Units
Special Point Features
Other
Gully
Short Steep Slope
Borrow Pit
Original soil survey map sheets were prepared at publication scale.
Viewing scale and printing scale, however, may vary from the
original. Please rely on the bar scale on each map sheet for proper
map measurements.
Source of Map: Natural Resources Conservation Service
Web Soil Survey URL: http://websoilsurvey.nrcs.usda.gov
Coordinate System: UTM Zone 12N
Special Line Features
Blowout
Clay Spot
MAP INFORMATION
Other
Political Features
This product is generated from the USDA-NRCS certified data as of
the version date(s) listed below.
Gravel Pit
Cities
Soil Survey Area: Willcox Area, Arizona Parts of Cochise and
Graham Counties
Survey Area Data: Version 6, Mar 1, 2007
Gravelly Spot
Urban Areas
Date(s) aerial images were photographed:
Closed Depression
Landfill
Municipalities
Water Features
Oceans
Lava Flow
Streams and Canals
Marsh
Mine or Quarry
Miscellaneous Water
Perennial Water
Rock Outcrop
Saline Spot
Sandy Spot
Severely Eroded Spot
10/8/1996; 10/9/1996
The orthophoto or other base map on which the soil lines were
compiled and digitized probably differs from the background
imagery displayed on these maps. As a result, some minor shifting
of map unit boundaries may be evident.
Transportation
Rails
Roads
Interstate Highways
US Routes
State Highways
Local Roads
Other Roads
Sinkhole
Slide or Slip
Sodic Spot
Spoil Area
Stony Spot
Natural Resources
Conservation Service
Web Soil Survey 2.0
National Cooperative Soil Survey
7/20/2007
Page 2 of 3
Soil Map–Willcox Area, Arizona Parts of Cochise and Graham Counties
1920 acres
Map Unit Legend
Willcox Area, Arizona Parts of Cochise and Graham Counties (AZ665)
Map Unit Symbol
Map Unit Name
Acres in AOI
Percent of AOI
Cc
Cogswell clay loam
366.1
17.9%
CmA
Comoro sandy loam, 0 to 2
percent slopes
168.6
8.2%
Cs
Cowan sandy loam
1.5
0.1%
FoA
Forrest loam, 0 to 2 percent
slopes
50.1
2.4%
Gr
Grabe sandy loam
1.1
0.1%
Gs
Grabe loam
76.8
3.8%
Gt
Guest clay loam
159.7
7.8%
Ka
Karro loam
230.9
11.3%
Mc
McAllister loam
162.4
7.9%
Pr
Pridham loam
4.8
0.2%
SnA
Sonoita sandy loam, 0 to 2
percent slopes
24.6
1.2%
TuA
Tubac sandy loam, 0 to 2
percent slopes
44.9
2.2%
TwA
Tubac sandy clay loam, 0 to 2
percent slopes
753.7
36.9%
2,045.0
100.0%
Totals for Area of Interest (AOI)
Natural Resources
Conservation Service
Web Soil Survey 2.0
National Cooperative Soil Survey
7/20/2007
Page 3 of 3