www.southwestranchesland.com

FOR SALE

CHRISTOPHER WOODFirst Vice President+1 954 745 5852christopher.wood@cbre.com

MICHAEL K. SILVER,SIORFirst Vice President+1 305 779 3124michael.silver@cbre.com

CONTACT US

CBRE. Inc. | Licensed Real Estate broker

13900 GRIFFIN RD.

GRIFFIN ROAD

HA

NC

OC

K RO

AD

SW 1

35

TH A

VE

PALOMINO DRIVE

VISTA VIEW PARK NEW

TESTAMENT CHURCH

+ K-8 SCHOOL

36 ACRES RESIDENTIAL LAND FOR SALE13900 GRIFFIN ROADSOUTHWEST RANCHES, FL 33330

www.southwestranchesland.com

FOR SALESOUTHWEST RANCHES LAND

13900 GRIFFIN ROAD

Southwest Ranches, FL 33330

THE OFFERING

CBRE has been retained as the exclusive advisor for the sale of a prime, single family development site. The ±36-acre vacant property is located at 13900 Griffin Road; the southeast corner of Griffin Road and SW 142nd Avenue (Hancock Road) in the Town of Southwest Ranches (Southwest Broward County). An additional 4 acres can be made available for sale for a total of 40 acres. The property is rectangular in shape and has approximately 1,300 feet of frontage on Griffin Road and 1,500 feet of frontage on SW 142nd Ave. (Hancock Road). The east side of the property abuts the New Testament Baptist Church and K-8 School. The property is located adjacent to well established single family residential neighborhoods characterized by large lots and expansive residences with home sales approaching $3,000,000. The property is located within a mile of the I-75 Griffin Road Interchange.

The site is currently zoned CF, Community Facilities and has a County land use designation of AG. The property owner has had favorable discussions with the Town of Southwest Ranches to rezone to Rural Estate (RE) and will recommend land use change from AG to residential. RE zoning permits one (1) acre lots with a minimum width of 125 feet. We anticipate site plan approval for 30 one acre lots.

The ±36-acre subject has no improvements. We are not aware of any adverse easements. There are no wetlands; filling within the existing uplands is allowed per Broward County Environmental Division letter dated 10/20/2016. The site is mostly level and at street grade with good drainage at the northwest corner of the site. Due diligence information is available to qualified buyers. It includes this letter as well as phase 1 and phase 2 environmental reports indicating a low likelihood that recognized environmental conditions are present on the property.

This is the best located single family residential development site of any size in Southwest Broward County. There are no available single-family residential development sites in Weston, Sunrise or Plantation. The property’s strategic location will attract luxury home buyers from Palm Beach, Miami-Dade and Broward County.

The size, configuration and location of the property are ideal for development of a high-end single-family commu-nity. Density will be determined when Buyer rezones the property and obtains site plan approval. Proposed RE zoning indicates one acre net lots. A creative layout and design of the proposed development project can maximize build out within theseparameters.

Southwest Ranches is known as a family oriented community with “A” rated schools including the nearby Hawkes Bluff Elementary School, Silver Trail Middle School, West Broward High School, Arch Bishop McCarthy High School, American Heritage School, and the New Testament Church K-8 school next door. All have capacity for new students.

The Town is proximate to employment centers in Weston and Sunrise. Both cities enjoy a robust business base with extensive amenities. The area surrounding the property boasts some of the strongest demographics in Broward County with an average household income exceeding $169,000.

www.southwestranchesland.com

FOR SALESOUTHWEST RANCHES LAND

13900 GRIFFIN ROAD

Southwest Ranches, FL 33330

PROPERTY FEATURES

+ Land Acreage ±36 acres vacant property

− Additional 4 acres available.

− Total of 40 acres

+ Located in the Town of Southwest Ranches

+ Land Use for AG

+ Zoning CF, Community Facilities

+ Proposed Zoning: RE, Rural Estate

− Lot Size: Minimum 35,000 SF with 125’ width

+ Best Located single family residential development site of any size in Southwest Broward County

+ Ideal for Development of a high-end single-family community.

+ Southwest Ranches is known as a family oriented community.

+ The town is proximate to employment centers in Weston and Sunrise

+ Easy access to I-75, I-595 and Sawgrass Expressway

+ Price: Call for Offers, TBD

SITE MAP

GRIFFIN ROAD

13900

GRFFIN

ROAD

SINGLE FAMILY COMPARABLES TABLE

www.southwestranchesland.com

FOR SALESOUTHWEST RANCHES LAND

13900 GRIFFIN ROAD

Southwest Ranches, FL 33330

NO. Subdivision Status Price Range($000)

Lot Dimensions

Available Developed

LotsBuilders

1Landmark Ranch

EstatesActive $2,895 - $3,600 213’x494’ 19

Landmark Custom Homes

2Stone Creek at

Sunshine RanchesActive $2,500 - $3,500 330’x659’ 3 ANF Developers

3Windmill Reserve

LakesAvtive $2,250 - $5,400 125’x200’ 10

Weston Custom Homes

4 Rolling Oaks Active $1,750 - $3,000 212’x450’ 7 West Construction

5Reserve at the

RanchesActive $1,575 - $1,575 145’x305’ 5 Spear Group

6Woodbridge

RanchesAvtive $1,295 - $1,576 175’x240’

3 Remaining homes for sale

SH Communities

AREA FACTS & DEMOGRAPHICS

+ The Broward County Market is currently experiencing healthy demographic & income trends.

+ Local population & income growth has spurred strong demand for single family housing.

+ New Residential & Commercial construction are mayor economic drivers within Broward County.

+ Availability of vacant developed lots for new home construction is down to a 15 month supply.

+ High barrier to entry market for development due to lack of available land for new single-family subdivisions.

2017 Area Demographics 1 Mile 3 Mile 5 Mile

Population 3,683 54,933 232,015

Median Age 42.1 41.5 41.7

Average Household Income $169,480 $138,141 $104,246

Household Income $200,000.00 and Over

322 3,145 9,050

Household AverageNet Worth

$1,501,373 $1,246,481 $878,888

Owner Occupied Housing Units $1,000,000 and Over

219 958 1,994

www.southwestranchesland.com

FOR SALESOUTHWEST RANCHES LAND

13900 GRIFFIN ROAD

Southwest Ranches, FL 33330

SINGLE FAMILY COMPARABLES MAP

© 2017 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy,correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy,correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn fromthe market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID: P08 MapId: 4880751

SOUTHWEST RANCHES

WESTON DAVIE

COOPER CITY

www.southwestranchesland.com

FOR SALESOUTHWEST RANCHES LAND

13900 GRIFFIN ROAD

Southwest Ranches, FL 33330

© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

CONTACT US

CHRISTOPHER WOODFirst Vice President+1 954 745 5852christopher.wood@cbre.com

MICHAEL K. SILVER, SIORFirst Vice President+1 305 779 3124michael.silver@cbre.com

CBRE. Inc. | Licensed Real Estate broker

AERIAL MAP

© 2017 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not beenveri�ed by either CBRE Limited or any of its a�liates (CBRE Limited and its a�liates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Informationshould take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

Layout ID:P03 MapId:4883220

SOUTHWESTRANCHES

FORT LAUDERDALE

DAVIE

PEMBROKE PINES

PLANTATION

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SUNRISE

FLLAIRPORT